정보의 활용도에 따른 육계농가의 리스크 프리미엄 변화와 경영안정 효과 분석

An Analysis of the Change in Broiler-breeding Farmers’ Risk Premium Based on the Availability of Information for Enhancing Managerial Stability
  • 남경수
  • 안병일

초록

This study focuses on the ways for stabilizing broiler-breeding farmers' profits through the vertical integration. When broiler-breeders use price information of broiler and production inputs, the risk premium decrease due to the declining volatility of profit. In other words, volatility and risk premium turn out to have a positive relationship, therefore risk-aversion coefficient is estimated to have a positive relationship with risk premium. The risk premium for the scenarios that assume farmers use the least amount of information is estimated to be 7.0~30.4 won per broiler depending on the risk-aversion coefficient and the risk premium for the scenarios that posit farmers use the most information is estimated to be 3.4~15.0 won per broiler.

키워드

Vertical IntegrationExpected ProfitCertainty EquivalentRisk-aversion CoefficientVolatility of ProfitVector Error Correction Model
제목
정보의 활용도에 따른 육계농가의 리스크 프리미엄 변화와 경영안정 효과 분석
제목 (타언어)
An Analysis of the Change in Broiler-breeding Farmers’ Risk Premium Based on the Availability of Information for Enhancing Managerial Stability
저자
남경수안병일
발행일
2020
저널명
농업경영.정책연구
47
2
페이지
268 ~ 287