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Publication type: Article in scientific journal
Type of review: Peer review (publication)
Title: Stability of risk attitude, agricultural policies and production shocks : evidence from Italy
Authors: Bozzola, Martina
Finger, Robert
et. al: No
DOI: 10.1093/erae/jbaa021
Published in: European Review of Agricultural Economics
Issue: jbaa021
Issue Date: 2020
Publisher / Ed. Institution: Oxford University Press
ISSN: 0165-1587
Language: English
Subjects: Time-varying risk attitude; Panel data; Risk; Agricultural policy reforms
Subject (DDC): 630: Agriculture
Abstract: This article investigates the stability of farmers’ risk attitude over time. To this end, we estimate responses to changes in agricultural policies and production shocks. We use a unique panel data of over 36,000 Italian farms specialised in cereals, during the period 1989–2009. We find evidence of risk preference changes over time in response to changes in the European Union Common Agricultural Policy and possibly after a drought-induced production shock.
Fulltext version: Published version
License (according to publishing contract): CC BY 4.0: Attribution 4.0 International
Departement: Life Sciences and Facility Management
Organisational Unit: Institute of Natural Resource Sciences (IUNR)
Appears in collections:Publikationen Life Sciences und Facility Management

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