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Southern Agricultural Economics Association >
2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/45648
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| Title: | Enhancing Farm Profitability through Portfolio Analysis: The Case of Spatial Rice Variety Selection. |
| Authors: | Nalley, Lanier
Barkley, Andrew
Brad, Watkins
Hignight, Jeffrey |
| Authors (Email): | Nalley, Lanier (llnalley@uark.edu)
Barkley, Andrew (abarkley@agecon.ksu.edu)
Brad, Watkins (kbwatki@uark.edu)
Jeffrey, Hignight (jhignig@uark.edu) |
| Keywords: | Rice
portfolio analysis
optimal variety selection
risk analysis. |
| JEL Codes: | D81
Q16
Q12 |
| Issue Date: | 2009-01 |
| Abstract: | The objectives of this paper is to use the large depth of existing literature on portfolio theory and apply it to rice varietal selection for 6 counties in the Arkansas Delta. Results based on 1999-2006 data suggests that combining available varieties using portfolio theory could have increased profits from 3 to 26% (dependent on location) in the Arkansas Delta. The major implication of this research is that data and statistical tools are available to improve the choice of rice varieties to plant each year in specific locations within Arkansas. Specifically, there are large potential gains from combining varieties that are characterized by inverse yield responses to growing conditions such as drought, pest infestation, or the presence of a specific disease. |
| URI: | http://purl.umn.edu/45648 |
| Institution/Association: | Southern Agricultural Economics Association>2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia |
| Total Pages: | 26 |
| From Page: | 2 |
| To Page: | 26 |
| Collections: | 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia
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Files in This Item:
| File |
Description |
Size | Format |
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| SAEA RICE PAPER 2009a.pdf | | 186Kb | PDF | View/Open |
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