000261421 001__ 261421
000261421 005__ 20180123011352.0
000261421 037__ $$a728-2017-3404
000261421 041__ $$aeng
000261421 245__ $$aResponsiveness of farm investment to price changes: An empirical study of the French crop sector
000261421 260__ $$c2017
000261421 269__ $$a2017-08-28
000261421 300__ $$a14
000261421 336__ $$aConference Paper/ Presentation
000261421 520__ $$aUnderstanding how farmers respond to prices can shed light into investment behavior and inform policy makers. We investigate the investment behavior of French crop farmers between 2002 and 2014, with a focus on adjustments to market prices. The analysis relies on a structural investment model derived from the maximization of farmers’ future expected profit. Our estimation results show evidence of significant changes in investment behavior over time, farmers’ investment being more responsive to output price before 2006, and to investment price from 2007. This suggests that government intervention through investment price may have positive impacts during periods of price volatility.
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000261421 546__ $$aEnglish
000261421 650__ $$aFarm Management
000261421 650__ $$aProductivity Analysis
000261421 6531_ $$ainvestment
000261421 6531_ $$aexpectations
000261421 6531_ $$aprices
000261421 6531_ $$acrop farms
000261421 6531_ $$aFrance 
000261421 700__ $$aFemenia, Fabienne
000261421 700__ $$aLatruffe, Laure
000261421 700__ $$aChavas, Jean-Paul
000261421 8560_ $$fmartina.menozzi1@studenti.unipr.it
000261421 8564_ $$s344598$$uhttp://ageconsearch.umn.edu/record/261421/files/Femina%20F%20etal%20%282017%29%20Responsiveness%20Of%20Farm%20Investment%20To%20Price%20Changes.pdf
000261421 8564_ $$s1715514$$uhttp://ageconsearch.umn.edu/record/261421/files/Femina%20F%20etal%20%282017%29%20Responsiveness%20Of%20Farm%20Investment%20To%20Price%20Changes.pdf?subformat=pdfa$$xpdfa
000261421 909CO $$ooai:ageconsearch.umn.edu:261421$$pGLOBAL_SET
000261421 980__ $$a728