Risk and Household Grain Management in Developing Countries.Reportar como inadecuado




Risk and Household Grain Management in Developing Countries. - Descarga este documento en PDF. Documentación en PDF para descargar gratis. Disponible también para leer online.

Reference: Albert Park, (2006). Risk and Household Grain Management in Developing Countries. The Economic Journal, 116 (514), 1088 - 1115.Citable link to this page:

 

Risk and Household Grain Management in Developing Countries.

Abstract: A dynamic model is presented of a household’s joint production, storage, and trade decisions when facing transaction costs and risk in prices and yields. Grain management decisions balance the goals of maximizing profits and reducing consumption price risk. Model solutions calibrated to Chinese data show that grain’s consumption role makes it an attractive form of precautionary saving even when households have access to credit, the joint nature of production and savings decisions limits the income loss associated with risk-coping, and the desire to store grain can explain why subsistence households are frequently net purchasers but rarely net sellers of grain.

Publication status:PublishedPeer Review status:Peer reviewedVersion:Accepted ManuscriptNotes:© Albert Park. Journal compilation © Royal Economic Society 2006. Published by Blackwell Publishing, 9600 Garsington Road, Oxford OX4 2DQ, UK and 350 Main Street, Malden, MA 02148, USA. The definitive version is available at www.blackwell-synergy.com.

Bibliographic Details

Publisher: Blackwell Publishing

Host: The Economic Journalsee more from them

Publication Website: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1468-0297

Issue Date: 2006Identifiers

Urn: uuid:dd15086d-b359-4e40-9340-bff80ae1c1d3

Doi: https://doi.org/10.1111/j.1468-0297.2006.01124.x Item Description

Type: info:eu-repo/semantics/article;

Language: en

Version: Accepted Manuscript

Relationships





Autor: Albert Park - - - - Bibliographic Details Publisher: Blackwell Publishing - - Host: The Economic Journal see more from them - Pub

Fuente: https://ora.ox.ac.uk/objects/uuid:dd15086d-b359-4e40-9340-bff80ae1c1d3



DESCARGAR PDF




Documentos relacionados