Farm household risk balancing: empirical evidence from Switzerland

被引：45

作者：

de Mey, Yann ^{[1
,2
]}

Wauters, Erwin ^{[3
,4
]}

Schmid, Dierk ^{[5
]}

Lips, Markus ^{[5
]}

Vancauteren, Mark ^{[6
]}

Van Passel, Steven ^{[4
,6
]}

机构：

[1] Wageningen Univ, Wageningen, Netherlands

[2] Katholieke Univ Leuven, Heverlee, Belgium

[3] Inst Agr & Fisheries Res ILVO, Merelbeke, Belgium

[4] Univ Antwerp, Antwerp, Belgium

[5] Agroscope Inst Sustainabil Sci ISS, Ettenhausen, Switzerland

[6] Hasselt Univ, Diepenbeek, Belgium

来源：

EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS | 2016年 / 43卷 / 04期

关键词：

farm risk; off-farm risk; financial risk; off-farm income; consumption; AGRICULTURAL POLICY; DETERMINANTS; DECISIONS; MANAGEMENT; OPERATORS; IMPACT;

D O I：

10.1093/erae/jbv030

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

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.

引用

页码：637 / 662

页数：25

共 52 条

[11] INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES [J].