Show simple item record Mosadegh Sedghy, Bahareh Tamini, Lota D. Lambert, Rémy 2019-05-23T18:28:06Z 2019-05-23T18:28:06Z 2018
dc.identifier.citation Mosadegh Sedghy, B., Tamini, L. D., & Lambert, R. (2018). Effects of price insurance programs on supply response: A case study of corn farmers in Quebec. Asian Research Journal of Agriculture, 10(1), 1-14. doi: 10.9734/ARJA/2018/45892 en_US
dc.description Open access article. Creative Commons Attribution 4.0 License (CC BY 4.0) applies. en_US
dc.description.abstract Aims: This study examines the supply response of corn in the province of Quebec. Study Design: A time series design is implemented. Place and Duration of Study: Our analysis covers the period from 1985 to 2013 and uses the data of corn production in the province of Quebec. Methodology: A generalised autoregressive conditional heteroskedasticity (GARCH) process is used to model output price expectations and its volatility. Results: We found that application of the Farm Income Stabilisation Insurance in Quebec neutralises the adverse effects of price volatilities on corn production and generates a market power for corn producers. The change in the producers' attitude towards risk is other implication of the insurance program. Conclusion: These results imply that implementation of the insurance program in the province of Quebec leads to an increase of corn production and consequently this increase in production can impose more compensation cost (paid by the insurance program) to governments. en_US
dc.language.iso en_US en_US
dc.publisher SCIENCEDOMAIN International en_US
dc.subject Price volatility en_US
dc.subject GARCH en_US
dc.subject Corn supply response en_US
dc.subject Effective price en_US
dc.subject Market price en_US
dc.subject Corn production
dc.subject Corn producers
dc.subject Corn price
dc.subject Price risk
dc.subject Price insurance programs
dc.subject.lcsh Corn industry--Quebec
dc.subject.lcsh Corn--Quebec
dc.subject.lcsh Crop insurance--Quebec
dc.subject.lcsh Corn--Prices--Quebec
dc.title Effects of price insurance programs on supply responses: a case study of corn farmers in Quebec en_US
dc.type Article en_US
dc.publisher.faculty Management en_US
dc.description.peer-review Yes en_US
dc.publisher.institution University of Lethbridge en_US
dc.publisher.institution Universite Laval en_US

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