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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/20304

Title: Farm household risk balancing: empirical evidence from Switzerland
Authors: de Mey, Yann
Wauters, E.
Schmid, D.
Lips, M.
Vancauteren, Mark
Van Passel, Steven
Issue Date: 2016
Citation: European review of agricultural economics, 43(4), p. 637-662
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.
Notes: de Mey, Y (reprint author), Wageningen Univ, Wageningen, Netherlands. yanndemey@outlook.com
URI: http://hdl.handle.net/1942/20304
DOI: 10.1093/erae/jbv030
ISI #: 000386026600005
ISSN: 0165-1587
Category: A1
Type: Journal Contribution
Validation: ecoom, 2017
Appears in Collections: Research publications

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