Efficient farming options for German apple growers under risk - A stochastic dominance approach

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Röhrig, M.B.K.; Hardeweg, B.; Lentz, W.: Efficient farming options for German apple growers under risk - A stochastic dominance approach. In: International Food and Agribusiness Management Review 21 (2018), Nr. 1, S. 101-120. DOI: https://doi.org/10.22434/IFAMR2017.0022

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To cite the version in the repository, please use this identifier: https://doi.org/10.15488/3330

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Sum total of downloads: 154




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Abstract: 
For a sustainable economic performance of apple production, the determination of efficient farming options considering production risk is crucial. Relying on a permanent crop, apple producers are less flexible to react upon disturbances. Based on data of 134 apple producers operating in the two main production areas in Germany, we compare and determine efficient production options. Furthermore, appropriate risk management instruments (RMIs) are identified using stochastic dominance criteria. In addition, we use Stochastic Efficiency with Respect to a Function to evaluate farming options for defined ranges of relative risk aversion. The results indicate that Red Prince is the most efficient variety in the north and subsidized hail insurance with frost irrigation is superior to frost irrigation as single RMI. In the south Braeburn should be chosen by rational decision makers, but the tested insurance solutions are not as efficient as the common practice of producing apple under hail nets. © 2017 Röhrig et al.
License of this version: CC BY-NC-SA 4.0 Unported
Document Type: Article
Publishing status: publishedVersion
Issue Date: 2018
Appears in Collections:Naturwissenschaftliche Fakultät

distribution of downloads over the selected time period:

downloads by country:

pos. country downloads
total perc.
1 image of flag of Germany Germany 82 53.25%
2 image of flag of United States United States 32 20.78%
3 image of flag of China China 9 5.84%
4 image of flag of No geo information available No geo information available 5 3.25%
5 image of flag of Taiwan Taiwan 3 1.95%
6 image of flag of Turkey Turkey 3 1.95%
7 image of flag of Russian Federation Russian Federation 3 1.95%
8 image of flag of Sweden Sweden 2 1.30%
9 image of flag of France France 2 1.30%
10 image of flag of Indonesia Indonesia 1 0.65%
    other countries 12 7.79%

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