Arbeitspapier
Panel Data Nonparametric Estimation of Production Risk and Risk Preferences: An Application to Polish Dairy Farms
We apply nonparametric panel data kernel regression to investigate production risk, out-put price uncertainty, and risk attitudes of Polish dairy farms based on a firm-level unbalanced panel data set that covers the period 2004–2010. We compare different model specifications and different approaches for obtaining firm-specific measures of risk attitudes. We found that Polish dairy farmers are risk averse regarding production risk and price uncertainty. According to our results, Polish dairy farmers perceive the production risk as being more significant than the risk related to output price uncertainty.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFRO Working Paper ; No. 2013/6
- Klassifikation
-
Wirtschaft
Semiparametric and Nonparametric Methods: General
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- Thema
-
production risk
price uncertainty
nonparametric econometrics
panel data
Polish dairy farms
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Czekaj, Tomasz Gerard
Henningsen, Arne
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Copenhagen, Department of Food and Resource Economics (IFRO)
- (wo)
-
Copenhagen
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Czekaj, Tomasz Gerard
- Henningsen, Arne
- University of Copenhagen, Department of Food and Resource Economics (IFRO)
Entstanden
- 2013
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