Theses and Dissertations

Issuing Body

Mississippi State University

Advisor

Tack, Jesse B.

Committee Member

Barnett, Barry J.

Committee Member

Coble, Keith H.

Date of Degree

8-17-2013

Document Type

Graduate Thesis - Open Access

Major

Agricultural and Extension Education

Degree Name

Master of Science (M.S.)

College

College of Agriculture and Life Sciences

Department

School of Human Sciences

Abstract

Understanding the impact of late season precipitation on the distribution of cotton yields provides insight into managing yield risks. This research combines Linear Moment Models with historical weather data to assess the impact of late season precipitation extremes on cotton production and revenue. The empirical analysis suggests that late season drought reduces both mean yield and variance. The shift in variance is coupled with an exchange of upside risk for downside risk implying that the variance reduction alone masks an important effect on producer’s risk. Revenue impacts suggest high revenue for irrigated acreage as compared to dryland acreage, and the late season drought impact on revenue shows that the use of irrigation causes increases in revenue as compared to dryland acreage.

URI

https://hdl.handle.net/11668/20271

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