[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/taf/jbemgt/v18y2017i3p521-536.html
   My bibliography  Save this article

Non-parametric analysis of yield risk in Lithuanian crop farming

Author

Listed:
  • Tomas Baležentis
  • Dalia Štreimikienė
  • Rasa Melnikienė
  • Zhiqian Yu
Abstract
Socioeconomic development requires meeting the goals of food security. Yield risk constitutes an important factor of farming business viability. As the Central and Eastern European countries have been affected by both economic and environmental transformations, there is a need to develop a robust methodology for assessment of yield risks in order to propose convincing guidelines for both farmers and government institutions in regards to risk management and viability of agricultural business in general. This paper attempts to devise non-parametric measures of yield risk for Lithuanian crop farming. The research covers the period of 2000–2015. County-level data from Statistics Lithuania are employed for the analysis. The non-parametric analysis of yield risk relies on information diffusion theory and linear moving average. The results indicate that there exist differences in yield trends, yield loss rates and yield risk among crops and regions. Maize, buckwheat and winter rape exhibited the highest yield risk. These results shed light on the extent of yield risks underlying crop farming in Lithuania and, to a certain extent, can be contrasted to situation in Central and Eastern European countries. Indeed, the obtained results can be applied in decision making at different levels of management.

Suggested Citation

  • Tomas Baležentis & Dalia Štreimikienė & Rasa Melnikienė & Zhiqian Yu, 2017. "Non-parametric analysis of yield risk in Lithuanian crop farming," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(3), pages 521-536, May.
    • Handle: RePEc:taf:jbemgt:v:18:y:2017:i:3:p:521-536
    DOI: 10.3846/16111699.2017.1322633
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.3846/16111699.2017.1322633
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.3846/16111699.2017.1322633?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jbemgt:v:18:y:2017:i:3:p:521-536. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TBEM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.