Hostname: page-component-848d4c4894-89wxm Total loading time: 0 Render date: 2024-07-07T06:39:54.506Z Has data issue: false hasContentIssue false
  • English
  • Français

Catfish Producer Harvest Response to Production and Asymmetric Price Risk

Published online by Cambridge University Press:  05 September 2016

William Branch  and
Daniel S. Tilley
William Branch
Affiliation:
Department of Agricultural Economics, Oklahoma State University
Daniel S. Tilley
Affiliation:
Department of Agricultural Economics, Oklahoma State University
Get access Rights & Permissions [Opens in a new window]

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.

Keywords

catfishharvestrisk
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 23 , Issue 2 , December 1991 , pp. 29 - 38
Copyright
Copyright © Southern Agricultural Economics Association 1991

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

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.Google Scholar
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.Google Scholar
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) 733–739.Google Scholar
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.Google Scholar
Franzmann, John R. and Walker, Rodney L.. “Trend Models of Feeder.Slaughter, and Wholesale Beef Cattle Prices,” Am. J. Agr. Econ., 54.3 (1972): 507–512.CrossRefGoogle Scholar
Hurt, Christopher A. and Garcia, Philip. “The Impact of Price Risk on Sow Farrowings, 1967-78” Am. J. Agr. Econ., 64.3 (1982):565–568.Google Scholar
Just, Richard E. “An Investigation of the Importance of Risk in Farmers’ Decisions,” Am. J. Agr. Econ., 56.1 (1974): 14–25.Google Scholar
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.Google Scholar
Lin, William. “Measuring Aggregate Supply Response under Instability. Am. J. Agr. Econ., 59.5 (1977):903–907.Google Scholar
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): 106–116.CrossRefGoogle Scholar
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.Google Scholar
Newton, Joseph H.. Timeslab: A Time Series Analysis Laboratory. Pacific Grove CA: Wadsworth & Brooks/Cole Publishing Company, 1988.Google Scholar
Traill, Bruce. “Risk Variables in Econometric Supply Response Models.” J. Agr. Econ., 29(1978):53–61.CrossRefGoogle Scholar
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):630–637.Google Scholar
U.S. Department of Agriculture. Aquaculture Situation and Outlook Report. Washington, DC: Econ. Res. Serv. AQUA-2, March 1989.Google Scholar
U.S. Department of Agriculture. Feed Situation and Outlook Report. Washington, DC: Econ. Res. Serv. Various issues.Google Scholar
Winter, John R. and Whittaker, James K.. “Estimation of Wheat Acreage Response Functions for the Northwest.” West. J. Agr. Econ., 4.2 (1979):83–87.Google Scholar