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Comparison of risk in organic, integrated and conventional cropping systems in eastern Norway

Lien, Gudbrand; Flaten, Ola; Korsaeth, Audun; Schumann, Keith D; Richardson, James D; Eltun, Ragnar and Hardaker, J B (2006) Comparison of risk in organic, integrated and conventional cropping systems in eastern Norway. Journal of Farm Management, 12 (7), pp. 385-401.

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The aim of this study was to compare risk of organic, integrated and conventional cropping systems. Experimental cropping system data (1991-1999) from eastern Norway were combined with farm budget data. Empirical distributions of net farm income for different cropping systems were estimated with a simulation model. The results show that the organic system had the greatest net farm income variability, but both the existing payment system and organic price premiums make it the most economically viable alternative.

EPrint Type:Journal paper
Keywords:Risk analysis, crop farming, cropping systems, stochastic simulation, risk aversion, stochastic efficiency with respect to a function, farming systems, Apelsvoll; Økorisk
Subjects: Crop husbandry > Production systems > Cereals, pulses and oilseeds
Knowledge management > Research methodology and philosophy > Systems research and participatory research
Farming Systems > Farm economics
Research affiliation: Norway > NILF - Norwegian Agricultural Economics Research Institute
Norway > Planteforsk - The Norwegian Crop Research Institute
Deposited By: Flaten, Dr. Ola
ID Code:7061
Deposited On:01 Feb 2006
Last Modified:21 Oct 2010 10:48
Document Language:English
Refereed:Peer-reviewed and accepted

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