Performance and risk of citrus fruits in Valencia
DOI:
https://doi.org/10.7201/earn.2001.01.05Keywords:
Risk, Performance, Crops programmingAbstract
The purpose of this paper is to outline and adapt Sharpe's model to the agricultural activities as well as to measure the performance of crops when yield and risk are considered. The model is applied to the main varieties of citrus fruits in Valencia. For them, systematic and specific risks are measured and the yield-índex elasticities are quantified. Applying performance rates, we determine the economic yields of citrus varieties in the 1985-1997 period. In the same way, we focus on its management based on the previously outlines criteria.Downloads
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