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Author |
de Mey, Y.; Wauters, E.; Schmid, D.; Lips, M.; Vancauteren, M.; Van Passel, S. |
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Title |
Farm household risk balancing : empirical evidence from Switzerland |
Type |
A1 Journal article |
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Year  |
2016 |
Publication |
European Review Of Agricultural Economics |
Abbreviated Journal |
Eur Rev Agric Econ |
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Volume |
43 |
Issue |
4 |
Pages |
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Keywords |
A1 Journal article; Economics |
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Abstract |
Empirical evidence on household risk balancing behaviour is presented by estimating a fixed effects seemingly unrelated regression model using Swiss Farm Accountancy Data Network data. We find that in response to changes in expected business risks, Swiss farm households not only make strategic farm financial risk decisions (original risk balancing), but also make strategic off-farm decisions (household risk balancing) by altering their share of off-farm income and relative consumption. Small farms appear to make more use of household risk balancing strategies whereas large farms conversely make more use of the original risk balancing strategy. |
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Wos |
000386026600005 |
Publication Date |
2015-11-05 |
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Edition |
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ISSN |
0165-1587; 1464-3618 |
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Additional Links |
UA library record; WoS full record; WoS citing articles; WoS full record; WoS citing articles |
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Impact Factor |
1.6 |
Times cited |
15 |
Open Access |
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Notes |
; This research was funded by a scholarship from the Agency for Innovation by Science and Technology (IWT) in Flanders. The authors are very grateful to Ludwig Lauwers and Frankwin van Winsen for many helpful discussions. They also thank the editor and two anonymous reviewers for their constructive comments and conference/workshop participants from ART, BAAE, EAAE, KU Leuven and WUR for excellent comments on earlier versions of the article. The views expressed in this article are those of the authors and do not necessarily reflect those of the Agroscope Institute for Sustainability Sciences ISS. ; |
Approved |
Most recent IF: 1.6 |
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Call Number |
UA @ admin @ c:irua:138183 |
Serial |
6202 |
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| Permanent link to this record |
