Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 505827
Title An empirical analysis of risk in conventional and organic arable farming in The Netherlands
Author(s) Berentsen, P.B.M.; Asseldonk, M.A.P.M. van
Source European Journal of Agronomy 79 (2016). - ISSN 1161-0301 - p. 100 - 106.
Department(s) Business Economics
Innovation- and Risk Management and Information Governance
Publication type Refereed Article in a scientific journal
Publication year 2016
Keyword(s) Arable farming - Error component implicit detrending method - Organic farming - Risk assessment

This paper assesses and compares risk in conventional and organic arable farming in The Netherlands with respect to family farm income and underlying price and production variables. To investigate the risk factors the farm accountancy data network was used containing unbalanced panel data from 196 conventional and 29 organic representative Dutch arable farms (for the period 2002 up to and including 2011). Variables with regard to price and production risk were identified using a family farm income analysis scheme. Price risk variables are input and output prices, while yield volatility of different crops is the main production risk variable. To assess risk, an error components implicit detrending method was applied and the resulting detrended standard deviations were compared between conventional and organic farms. Results indicate that the risk at the level of family farm income is higher in organic farming. The underlying variables show higher risk for organic farms in crop yields, crop prices and variable input costs per crop.

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