2016
DOI: 10.1016/j.agsy.2016.06.003
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Crop selection under price and yield fluctuation: Analysis of agro-economic time series from South Korea

Abstract: Temporal fluctuations of crop price and yield can have a strong influence on farmers' revenue. Under uncertainty, farmers' crop selection on -what to cultivate and how much of their land to allocate to different crops-is of crucial importance to secure their revenue as well as related ecosystem services. Multi-crop farming can be seen as a strategy to mitigate uncertainties that farmers face. In this study, we used Singular Spectrum Analysis (SSA) to quantify the fluctuations of crop price and yield for single… Show more

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Cited by 25 publications
(27 citation statements)
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“…Secondary Environmental or climate related Weather variability (#2, for example, Foster, Brozovic, & Butler, ) Pressure to reduce greenhouse gas production (#1, for example, Arbuckle Jr. et al, ) Farm related Natural advantage (#1, Holmes & Lee, ) Policy related Water quota (#1, Buchholz et al, ) Pressure from authorities to increase production (#1, D. J. Lee et al, ) Introduction of water market (#1, S. Wheeler, Bjornlund, Zuo, & Shanahan, ) Economy related Economic value of water (#2, for example, Gómez‐Limón & Martínez, ) Changes in global economic conditions (#1, for example, H. Lee et al, ) Economies of density (#1, Holmes & Lee, ) Market related Crop price fluctuations (#1, H. Lee et al, ) Utility generated by resources (#1, Gómez‐Limón & Martínez, ) Social Observation of neighbors' action (#1, Andriyas & McKee, ) Population growth (#1, for example, Foster et al, ) …”
Section: Resultsmentioning
confidence: 99%
See 3 more Smart Citations
“…Secondary Environmental or climate related Weather variability (#2, for example, Foster, Brozovic, & Butler, ) Pressure to reduce greenhouse gas production (#1, for example, Arbuckle Jr. et al, ) Farm related Natural advantage (#1, Holmes & Lee, ) Policy related Water quota (#1, Buchholz et al, ) Pressure from authorities to increase production (#1, D. J. Lee et al, ) Introduction of water market (#1, S. Wheeler, Bjornlund, Zuo, & Shanahan, ) Economy related Economic value of water (#2, for example, Gómez‐Limón & Martínez, ) Changes in global economic conditions (#1, for example, H. Lee et al, ) Economies of density (#1, Holmes & Lee, ) Market related Crop price fluctuations (#1, H. Lee et al, ) Utility generated by resources (#1, Gómez‐Limón & Martínez, ) Social Observation of neighbors' action (#1, Andriyas & McKee, ) Population growth (#1, for example, Foster et al, ) …”
Section: Resultsmentioning
confidence: 99%
“…Economy related Economic value of water (#2, for example, Gómez‐Limón & Martínez, ) Changes in global economic conditions (#1, for example, H. Lee et al, ) Economies of density (#1, Holmes & Lee, ) …”
Section: Resultsmentioning
confidence: 99%
See 2 more Smart Citations
“…In practice, production decisions determining crop and cultivar choice by farmers are primarily driven by price, yield, and market preference, and thus tend to be poorly aligned with dietary needs . Multiple examples exist, including a shift in wheat cultivars grown in Western Australia driven by export demand for cultivars meeting market specifications for Udon noodles, cultivar preference in Ethiopia driven by environmental stability and adaptability, and breeding selection for quinoa in the Peruvian Andes driven by mildew resistance, shorter maturation, and other yield parameters .…”
Section: Introductionmentioning
confidence: 99%