Matches in SemOpenAlex for { <https://semopenalex.org/work/W4307888714> ?p ?o ?g. }
- W4307888714 abstract "Purpose This study assesses the potential impact of the European Income Stabilization Tool (IST – a whole farm income risk management [RM] tool) within a farm cooperative specializing in vineyards and operating in a small area of production. The authors assess the conditions under which IST could improve the well-being of the associated farmers and, at the same time, improve financial sustainability. Financial aspects are of particular relevance since the characteristics of the cooperative cause the management of the tool to become potentially risky. Design/methodology/approach The analysis relies on a balanced panel dataset to report the production and economic characteristics of individual associated farms. This is the basis for simulating the implementation of the IST as described in the current European regulation. The expected utility approach is then used to assess the potential impact on farmers' well-being under different levels of risk aversion and premiums. The analysis of the IST annual cash flow allows for an accurate assessment of its financial sustainability. Findings The results suggest that the IST can improve farmers' well-being under plausible levels of risk aversion and premiums, making most farmers willing to support its implementation. Furthermore, the tool could be financially sustainable even if implemented in a specialized and geographically concentrated group of farms. In addition, the results suggest that the use of strategies such as the IST could help cope with negative annual balances by treating the financial sustainability of the fund. Originality/value The analysis adds to previous research on the IST by accounting for farmers' risk aversion. Furthermore, it is the first analysis that simulates the implementation of this tool in a sector-specific and concentrated group of farms. The results provide useful evidence for those subjects planning to implement the IST in small and specialized farming systems." @default.
- W4307888714 created "2022-11-06" @default.
- W4307888714 creator A5021331003 @default.
- W4307888714 creator A5063308451 @default.
- W4307888714 creator A5069928349 @default.
- W4307888714 creator A5079157020 @default.
- W4307888714 date "2022-11-01" @default.
- W4307888714 modified "2023-09-30" @default.
- W4307888714 title "Simulating risk management strategies for specialized farming systems: the potential impact of the EU income stabilization tool" @default.
- W4307888714 cites W1571844152 @default.
- W4307888714 cites W1940551697 @default.
- W4307888714 cites W1972978214 @default.
- W4307888714 cites W1973916355 @default.
- W4307888714 cites W1978396327 @default.
- W4307888714 cites W1990270620 @default.
- W4307888714 cites W2002361404 @default.
- W4307888714 cites W2005224995 @default.
- W4307888714 cites W2017193602 @default.
- W4307888714 cites W2020068677 @default.
- W4307888714 cites W2024094822 @default.
- W4307888714 cites W2051376026 @default.
- W4307888714 cites W2066695780 @default.
- W4307888714 cites W2092018814 @default.
- W4307888714 cites W2113429049 @default.
- W4307888714 cites W2113601818 @default.
- W4307888714 cites W2139315315 @default.
- W4307888714 cites W2144284236 @default.
- W4307888714 cites W2149306978 @default.
- W4307888714 cites W2164449843 @default.
- W4307888714 cites W2252392072 @default.
- W4307888714 cites W2265548154 @default.
- W4307888714 cites W2291308575 @default.
- W4307888714 cites W2342532026 @default.
- W4307888714 cites W2727741797 @default.
- W4307888714 cites W2780203861 @default.
- W4307888714 cites W2790259592 @default.
- W4307888714 cites W2802876484 @default.
- W4307888714 cites W2803062962 @default.
- W4307888714 cites W2806134078 @default.
- W4307888714 cites W2895446569 @default.
- W4307888714 cites W2923242952 @default.
- W4307888714 cites W2929299261 @default.
- W4307888714 cites W2948274435 @default.
- W4307888714 cites W2995311687 @default.
- W4307888714 cites W3014689658 @default.
- W4307888714 cites W3078037227 @default.
- W4307888714 cites W3122357830 @default.
- W4307888714 cites W3124812265 @default.
- W4307888714 cites W3130346285 @default.
- W4307888714 cites W3158541583 @default.
- W4307888714 cites W3211459730 @default.
- W4307888714 cites W3212301811 @default.
- W4307888714 cites W4236607461 @default.
- W4307888714 cites W4252684946 @default.
- W4307888714 cites W2580268519 @default.
- W4307888714 doi "https://doi.org/10.1108/afr-11-2021-0146" @default.
- W4307888714 hasPublicationYear "2022" @default.
- W4307888714 type Work @default.
- W4307888714 citedByCount "0" @default.
- W4307888714 crossrefType "journal-article" @default.
- W4307888714 hasAuthorship W4307888714A5021331003 @default.
- W4307888714 hasAuthorship W4307888714A5063308451 @default.
- W4307888714 hasAuthorship W4307888714A5069928349 @default.
- W4307888714 hasAuthorship W4307888714A5079157020 @default.
- W4307888714 hasConcept C100001284 @default.
- W4307888714 hasConcept C10138342 @default.
- W4307888714 hasConcept C11012388 @default.
- W4307888714 hasConcept C118518473 @default.
- W4307888714 hasConcept C119857082 @default.
- W4307888714 hasConcept C129915516 @default.
- W4307888714 hasConcept C134560507 @default.
- W4307888714 hasConcept C144133560 @default.
- W4307888714 hasConcept C144237770 @default.
- W4307888714 hasConcept C158154518 @default.
- W4307888714 hasConcept C162118730 @default.
- W4307888714 hasConcept C162324750 @default.
- W4307888714 hasConcept C163428354 @default.
- W4307888714 hasConcept C166957645 @default.
- W4307888714 hasConcept C175444787 @default.
- W4307888714 hasConcept C17744445 @default.
- W4307888714 hasConcept C18903297 @default.
- W4307888714 hasConcept C199539241 @default.
- W4307888714 hasConcept C205649164 @default.
- W4307888714 hasConcept C205706631 @default.
- W4307888714 hasConcept C2776291640 @default.
- W4307888714 hasConcept C2776950860 @default.
- W4307888714 hasConcept C2778348673 @default.
- W4307888714 hasConcept C32896092 @default.
- W4307888714 hasConcept C41008148 @default.
- W4307888714 hasConcept C66204764 @default.
- W4307888714 hasConcept C86803240 @default.
- W4307888714 hasConceptScore W4307888714C100001284 @default.
- W4307888714 hasConceptScore W4307888714C10138342 @default.
- W4307888714 hasConceptScore W4307888714C11012388 @default.
- W4307888714 hasConceptScore W4307888714C118518473 @default.
- W4307888714 hasConceptScore W4307888714C119857082 @default.
- W4307888714 hasConceptScore W4307888714C129915516 @default.
- W4307888714 hasConceptScore W4307888714C134560507 @default.
- W4307888714 hasConceptScore W4307888714C144133560 @default.
- W4307888714 hasConceptScore W4307888714C144237770 @default.