Producer Preferences for Contracts on a Risky Bioenergy Crop
Kwabena Krah (),
Daniel Petrolia (),
Keith Coble (),
Angelica Williams and
No 196994, 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association
This study employs a stated choice experiment survey to identify producer preferences for contracts to produce Giant Miscanthus. Preliminary results indicate that price offered per ton of harvested Miscanthus, yield insurance availability, and biorefinery harvest have significant positive effects on the probability of a producer accepting a contract to produce Giant Miscahthus. The results show that risk-neutral farmers as more willing to accept contracts relative to risk-loving farmers, ceteris paribus. Farmers who perceive yield risk of Miscathus to be greater than their current crop are less likely to accept Giant Miscanthus contracts.
Keywords: Resource /Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-dcm
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Journal Article: Producer Preferences for Contracts on a Risky Bioenergy Crop (2018)
Working Paper: Producer preferences for contracts on a risky bioenergy crop (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:saea15:196994
Access Statistics for this paper
More papers in 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().