Fiche du document
- handle: 10670/1.wg2k88
- hal: hal-03602696
- doi: 10.1111/agec.12675
- WOS: 000695444500001
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1111/agec.12675
Mots-clés
Hedging Storage Marketing contracts Risk management Risk perception Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q1 - Agriculture/Q.Q1.Q13 - Agricultural Markets and Marketing • Cooperatives • Agribusiness Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q1 - Agriculture/Q.Q1.Q14 - Agricultural FinanceSujets proches
Retail marketing Consumer goods--Marketing Retail trade--Marketing Domestic marketingCiter ce document
Arnaud Reynaud et al., « Marketing contract choices in agriculture: The role of price expectation and price risk management », HAL-SHS : économie et finance, ID : 10.1111/agec.12675
Métriques
Partage / Export
Résumé
We identify factors involved in the decision of farmers to use marketing contracts (pool, storage and forward contracts), and we explicitly account for the hedging and price-enhancement components of this decision. Using panel corner solution models (Tobit and double-hurdle) to represent farmers' contracting decision using a sample of French cereal producers, we find that both the hedging and the price-enhancement motives are important factors driving marketing choices. When risk aversion or exposure to price risk rises, the price-enhancement motive becomes less influential. Farmers appear to be more reluctant to base their marketing decisions on their price expectations in that case.