SIMULATION MODEL BASED ON IACS DATA; ALTERNATIVE APPROACH TO ANALYSE SECTORAL INCOME RISK IN AGRICULTURE
We develop a static simulation model to analyse income losses and income risks at aggregated agriculture sector level. Our empirical case study is based on farm level records for direct payments claims (IACS data) and covers the period 2010–2011. Using Monte Carlo simulations, we investigate the imp...
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| Format: | Article |
| Language: | English |
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Slovak University of Agriculture
2016-04-01
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| Series: | Review of Agricultural and Applied Economics |
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| Online Access: | http://roaae.org/wp-content/uploads/2016/04/RAAE_1_2016_Zgajnar.pdf |