The problem of trends elimination in the crop production risk assessment

Main Article Content

Paweł Kobus


Keywords : crops yields, prediction, risk
Abstract
Historical data of the crops yield confirms the existence of a systematic change of the average crops yield at the country level. During assessment of the production risk the overall variability of yield production is usually reduced by the variability attributed to a trend. The aim of the study was to assess the validity of such procedure. To do this, yield trends of basic crops in Poland were estimated. Afterward, the quality of the yield prediction based on the trends and the quality of the prediction based on the arithmetic mean were compared. As a measure of the prediction quality the square root of the mean squared prediction error was adopted. The study has shown that the use of the trend function leads, on average, to the lowering prediction quality by about 27%.

Article Details

How to Cite
Kobus, P. (2014). The problem of trends elimination in the crop production risk assessment. Annals of Agricultural Economics and Rural Development, 101(4), 97–104. https://doi.org/10.22630/RNR.2014.101.4.57
References

Goraj Lech, Malanowska Beata, Osuch Dariusz, Sierański Witold, 2012: Opis realizacji planu wyboru próby gospodarstw rolnych dla Polskiego FADN w 2012 roku, Polski FADN.

Kobus Paweł, Wicki Ludwik, 2010: Variability of Cereals Yields in Poland in the Period of 1968-2008, "Economic Science for Rural Development", nr 21.

Marra Michele C., Schurle Bryan W. 1994: Kansas wheat yield risk measures and aggregation: a meta-analysis approach, "Journal of Agricultural and Resource Economics", 19(1).

Moss Charles B. 2010: Risk, uncertainty and the agricultural firm, World Scientific Publishing Co. Pte. Ltd. (Crossref)

Peltonen-Sainio Pirjo, Jauhiainen Lauri, Laurila Ilkka P. 2009: Cereal yield trends in northern European conditions: Changes in yield potential and its realisation, "Field Crops Research", vol, 110, Issue 1, 5 January 2009, 85-90. (Crossref)

Rocznik statystyczny rolnictwa 2013. 2013: GUS, Zakład Wydawnictw Statystycznych, Warszawa.

Wicki Ludwik 2010: Efekty upowszechniania postępu biologicznego w produkcji roślinnej, Wydawnictwo SGGW, Warszawa.

Statistics

Downloads

Download data is not yet available.