Agriculture and Agricultural Science Procedia

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Taking Import Products from U.S. as an Example

Ronghua Ju, Ruihua Yang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 170-178

Based on the review of literatures of exchange rate pass-through, the paper established an empirical model to analyze the degree of exchange rate pass-through of the price of the land-intensive products imported from U.S. and found that U.S. exporters not only passed the RMB appreciation to their export price in RMB in the Chinese market, but overreact to export these products to China in a much lower...

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Ecological footprint analysis of food consumption of rural residents in China in the latest 30 years

Dong-dong Chen, Wang-sheng GAO, Yuan-quan Chen, Qiao Zhang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 106-115

Food consumption appropriates not only arable land but grassland and other various agricultural land resources. It is of great use to analyse time series of ecological appropriation for food consumption of Chinese rural residents from the perspective of total agricultural land resources and then overall evaluation of resource basis to ensure food security with structure upgrading of food consumption...

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Measurement of the Fluctuation Risk of the China Fruit Market Price based on VaR

WANG Chuan, ZHAO Junye, HUANG Min

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 212-218

The price fluctuation risk of agricultural products has become one of the main risks faced by agricultural producers. The objective of implementing market risk management is to measure and assess accurately the sizes and degrees of risk involving agricultural products. In this paper, measurement and analysis of fruit market price risk were conducted on fruit species such as Fuji apple, orange, banana,...

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Government Interventions in Agricultural Insurance

William J A Dick, Weijing Wang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 4-12

Agricultural insurance is normally undertaken as a market-based activity by private or state sector insurance companies, often with support measures from government. There is increased interest in risk management and insurance to promote agricultural investment and access to credit, and to provide financial stability to farmers and other actors in the agri value chain. The various types of intervention...

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Short-Term Price Forecasting For Agro-products Using Artificial Neural Networks

Gan-qiong Li, Shi-wei Xu, Zhe-min Li

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 278-287

It is well known that short-term market price forecasting has been a difficult problem for a long time because of too many factors which can not be accurately predicted. Conventionally, time series analysis has been often employed in modeling short-term price forecasts. In recent years a new technique of artificial neural networks (ANN) has been proposed as an efficient tool for modeling and forecasting...

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Make full use of two kinds of resources and two markets to protect our food security and raise farmers’ income Taking soybeans as an example

Li Xin, Xu Dianqing

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 402-411

Taking soybeans as an example, this paper shows that better utilization of both domestic and international resources and markets will improve farmers’ income. Moderately adjusting the agricultural structure in China and making better use of Chinese farmers’ comparative advantage is the key. The pre-requisite for agriculture in China shows that the benefits from improving the profit of unit land are...

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Cognitive Dissonance under Food-Borne Risk: A Lab Experiment

Ying Cao, David R. Just

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 364-371

An experiment is conducted to identify cognitive dissonance and subsequent responses in eating behaviour under food-borne risk. Results show that the existence of cognitive dissonance depends on the familiarity with the food. With common food (beef sausage), participants tend to bid a higher price, report lower risk assessment and neglect risk information, suggesting cognitive dissonance and confirmatory...

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Reformation of voluntary food recall system from the angle of the theory of risk society

Ching Lu, Yun Zhang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 296-300

The vitality of the theory of risk society has been manifested from its own confirmation and application in reality. At the same request of precautionary of system, the theory of risk society could be guidance to voluntary food recall system exactly. Operational defects do exist in our current voluntary food recall system apparently. On the basis of theoretical research on the actual state of voluntary...

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Natural Disaster's Impact Evaluation of Rural Households’ Vulnerability: The case of Wenchuan earthquake

Mengjie Sun, Baofeng Chen, Jinzheng Ren, Tingting Chang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 52-61

The relationship between Agricultural risks and rural poverty is always a central issue for anti-poverty policies designing. Natural disasters risk is a common form of agricultural risks in china. The paper estimates the extent that the natural disaster has impacted on household vulnerability in the stricken areas. To discover the different characteristics associated with vulnerability between pre-disaster...

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Income Uncertainty, Risk Coping Mechanism and Farmer Production & Management Decision: An Empirical Study from Sichuan Province

WANG Yang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 230-240

With an absence ex-post income risk coping mechanisms such as risk pooling in social networks and inter-temporal consumption smoothing mechanism, Chinese farmers depend heavily on ex-ante mechanisms to cope with income risk. Based on survey data collected on 1063 peasant households in Sichuan province, this paper tests how ex-ante risk coping mechanisms affect farmers’ behavior and welfare. The result...

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The optimal boundary of political subsidies for agricultural insurance in welfare economic prospect

Xu Yuanchang, Jiang Jiyu

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 163-169

China is one of the most suffering countries in agriculture by Nature. The current statistics shows a growing lose by agriculture risk. Insurance, as a lack part in the agricultural risk management, is constraining the ability to defense the risk and the sustainable development for our modern agriculture. Either sufficient or deficient in political subsidies will cause welfare deadweight loss. The...

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A Monte Carlo model for simulating insufficiently remunerating risk premium: case of market failure in organic farming

Ludwig Lauwers, Lieve Decock, Jan Dewit, Erwin Wauters

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 76-89

Survival Analysis method has been commonly used in biology, medical science, and human life insurance studies but it is rarely applied in agricultural insurance research. The main objective of this study is to explore the appropriateness of the Survival Analysis model for the crop insurance program design. Our analysis was mainly focused on the catastrophic risk premium rate estimates under the condition...

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Cycle Phase Identification and Factors Influencing the Agricultural Commodity Price Cycle in China: Evidence from Cereal Prices

Jingjing Wang, Yongfu Chen, Xiuqing Wang, Xiaoping Zheng, more

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 439-448

Agricultural commodity prices in China have undergone substantial fluctuation with the recent commodity boom and global financial crisis, which have revealed some special characteristics of cyclical change under China's transitional economy. First, this paper identifies phases of the price cycle variation using the Bry-Boschan algorithm based on price data for cereals in China. Then, the factors influencing...

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Households Food Security in Poverty-Stricken Regions: Evidence from Western Rural China

Yun Li, Wen Yu

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 386-395

Food security of poor rural households has always been a policy concern. Based on a field survey on three western provinces, the paper finds that over two thirds of households achieved self-sufficiency in grain consumption, but the consumption of other major food items are all below recommended standard. Most households are unsatisfied with and expect to change this situation. Econometric analysis...

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Construction of Short-Term Forecast Model of Eggs Market Price

Zhemin Li, Ganqiong Li, Yuting Wang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 396-401

China is the great power of poultry in the world, and its egg production ranks first in the world. With the transition of China's agricultural products market from the planned circulation system to the free flow circulation under the national macro-control, the cyclical fluctuations of eggs market price were increasingly frequent. The healthy development of China's eggs industry was related to how...

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Transferring Price of Rural Land Use Right with NPV and Game Analytical Method

Peng Han

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 372-375

The present author first considers the risk of contractor's capability to fulfill contract as well as the risk of the state policy and market change during the turnover process of the rural land use right. It is found that the basic remising price of rural land use right is determined by the NPV method, and that the final transferring price is determined by the game analytical method. The price is...

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Research of Investment Evaluation of Agricultural Venture Capital Project on Real Options Approach

Zhen Wang, Xin Tang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 449-455

Under the current agricultural conditions of shortage of funds, the traditional evaluation methods, such as the net present value (NPV) method, do not account for flexibility or uncertainty. Real Options Approach (ROA) rises from the doubt of NPV method, and can make up for it in evaluating agricultural venture capital projects. This thesis analyses the limitations of the traditional evaluation methods...

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Designing Independent Regulatory System of Food Safety in China

Yuhong Li, Rongguang Qi, Haiyun Liu

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 288-295

Food is closely related to the life and health of people. The establishment of an independent administrative agency for food safety is a bone of contention. The independent administrative agencies are independent from other branches or arms of the government with regard to their basis of legitimacy. Based on the theory of public administration and the economics of regulation, the paper intends to...

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Impact of Sino-Australia free trade Agreement's talks on China's dairy industry

Wen Yu, Guangyan Cheng, Jun Yang

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 469-476

China dairy industry has made a great progress, but with urbanization, people's consumption patterns changing, and income levels increasing, China's dairy production is facing various challenges. China has established free trade agreement (FTA) with New Zealand, and at present, Australia intends to establish a free trade zone with China. However, what is the impact on dairy industry in China by Sino-Australia...

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Uncertainty, Risk Aversion and Risk Management in Agriculture

Hao Aimin

Agriculture and Agricultural Science Procedia > 2010 > 1 > Complete > 152-156

Uncertainty and risk are quintessential features in agriculture. After an overview of the main sources of agricultural risk, this paper tries to reveal whether farmer's decision is risk averse or not through census data, and then the elements which affect farmer’ s decision under risk so as to produce the efficiency o f crop planting,. This is followed by a basic analysis of farmer's decision on the...

INFONA - science communication portal

Agriculture and Agricultural Science Procedia

Taking Import Products from U.S. as an Example

Ecological footprint analysis of food consumption of rural residents in China in the latest 30 years

Measurement of the Fluctuation Risk of the China Fruit Market Price based on VaR

Government Interventions in Agricultural Insurance

Short-Term Price Forecasting For Agro-products Using Artificial Neural Networks

Make full use of two kinds of resources and two markets to protect our food security and raise farmers’ income Taking soybeans as an example

Cognitive Dissonance under Food-Borne Risk: A Lab Experiment

Reformation of voluntary food recall system from the angle of the theory of risk society

Natural Disaster's Impact Evaluation of Rural Households’ Vulnerability: The case of Wenchuan earthquake

Income Uncertainty, Risk Coping Mechanism and Farmer Production & Management Decision: An Empirical Study from Sichuan Province

The optimal boundary of political subsidies for agricultural insurance in welfare economic prospect

A Monte Carlo model for simulating insufficiently remunerating risk premium: case of market failure in organic farming

Cycle Phase Identification and Factors Influencing the Agricultural Commodity Price Cycle in China: Evidence from Cereal Prices

Households Food Security in Poverty-Stricken Regions: Evidence from Western Rural China

Construction of Short-Term Forecast Model of Eggs Market Price

Transferring Price of Rural Land Use Right with NPV and Game Analytical Method

Research of Investment Evaluation of Agricultural Venture Capital Project on Real Options Approach

Designing Independent Regulatory System of Food Safety in China

Impact of Sino-Australia free trade Agreement's talks on China's dairy industry

Uncertainty, Risk Aversion and Risk Management in Agriculture

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