Crop biodiversity, risk management and the implications of agricultural assistance

Di Falco, Salvatore Crop biodiversity, risk management and the implications of agricultural assistance. Ecological Economics . (The full text of this publication is not available from this repository)

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Abstract

This paper presents a theoretical and empirical analysis of the impact of financial assistance to farms on crop biodiversity in an uncertain setting. The findings reveal that risk aversion is an important driving force for crop biodiversity conservation. Risk-averse farmers can hedge against the uncertainty they face by allocating land to different crop species. However, policies intended to stabilize revenues by supporting particular species may alter this link by delinking crop biodiversity from the management of revenues risk.

Item Type: Article
Subjects: S Agriculture
H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: Salvatore Di-Falco
Date Deposited: 29 Jun 2011 16:55
Last Modified: 29 Jun 2011 16:55
Resource URI: http://kar.kent.ac.uk/id/eprint/11167 (The current URI for this page, for reference purposes)
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