Skip to main content Accessibility help
×
Home

Catfish Producer Harvest Response to Production and Asymmetric Price Risk

  • William Branch (a1) and Daniel S. Tilley (a1)

Abstract

Harvest response to production and asymmetric price risk was analyzed using an ordinary least squares model. Statistically significant responses to production-quality and output price risk were indicated. Results suggest that alternative pricing strategies designed to reduce risk may alter harvest response and decrease month to month harvest variability.

Copyright

References

Hide All
Behrman, J. R. Supply Response in Underdeveloped Agriculture: ACase Study of Four Major Annual Crops in Thailand, 1937-63. Amsterdam, the Netherlands: North-Holland Publishing Co., 1968.
Branch, William and Tilley, Daniel S.. Oklahoma Net-Pen Catfish Production Systems: Estimated Production Levels and Costs. Agr. Exp. Sta., Division of Agr. Res. Rep. P-912, Oklahoma State University, Stillwater, OK, 1990.
Brorsen, B. Wade, Jean-Paul Chavas, and Grant, Warren R.. “A Market Equilibrium Analysis of the Impact of Risk on the U.S. Rice Industry.Am. J. Agr. Econ., 69.4 (1978) 733739.
Dupree, Harry K. and Huner, Jay V., eds. Third Report to the Fish Farmers—The Status of Warmwater Fish Farming and Progress in Fish Farming Research. U.S. Department of the Interior, Fish and Wildlife Serv., 1984.
Franzmann, John R. and Walker, Rodney L.. “Trend Models of Feeder.Slaughter, and Wholesale Beef Cattle Prices,Am. J. Agr. Econ., 54.3 (1972): 507512.
Hurt, Christopher A. and Garcia, Philip. “The Impact of Price Risk on Sow Farrowings, 1967-78Am. J. Agr. Econ., 64.3 (1982):565568.
Just, Richard E.An Investigation of the Importance of Risk in Farmers’ Decisions,Am. J. Agr. Econ., 56.1 (1974): 1425.
Keenum, Mark E. and Waldrop, John E.. Economic Analysis of Farm-Raised Catfish Production in Mississippi. Miss. Agr. and For. Exp. Sta. Tech. Bull. 155, Mississippi State University, 1988.
Lin, William. “Measuring Aggregate Supply Response under Instability. Am. J. Agr. Econ., 59.5 (1977):903907.
MacDonald, Glenn M. and MacKinnon, James G.. “Convenient Methods for Estimation of Linear Regression Models with MA(1) Errors.Can. J. Econ., 18.1 (1985): 106116.
Miller, J. Scott, Richard Conner, J., and Waldrop, John E.. Survey of Commercial Catfish Processors—Structural and Operational Characteristics and Procurement and Marketing Practices. Miss. Agr. and Forestry Exp. Sta. AEC Res. Rep. No. 130, Mississippi State University, 1981.
Newton, Joseph H.. Timeslab: A Time Series Analysis Laboratory. Pacific Grove CA: Wadsworth & Brooks/Cole Publishing Company, 1988.
Traill, Bruce.Risk Variables in Econometric Supply Response Models.J. Agr. Econ., 29(1978):5361.
Tronstad, Russell and McNeill, Thomas J.. “Asymmetric Price Risk: An Econometric Analysis of Aggregate Sow Farrowings, 1973-86.Am. J. Agr. Econ., 71.3 (1989):630637.
U.S. Department of Agriculture. Aquaculture Situation and Outlook Report. Washington, DC: Econ. Res. Serv. AQUA-2, March 1989.
U.S. Department of Agriculture. Feed Situation and Outlook Report. Washington, DC: Econ. Res. Serv. Various issues.
Winter, John R. and Whittaker, James K.. “Estimation of Wheat Acreage Response Functions for the Northwest.West. J. Agr. Econ., 4.2 (1979):8387.

Keywords

Catfish Producer Harvest Response to Production and Asymmetric Price Risk

  • William Branch (a1) and Daniel S. Tilley (a1)

Metrics

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Abstract views

Total abstract views: 0 *
Loading metrics...

* Views captured on Cambridge Core between <date>. This data will be updated every 24 hours.

Usage data cannot currently be displayed