Ford Ramsey

250 Drillfield Drive
Blacksburg, VA
24061
Ford Ramsey's research is focused on risk and insurance, structural change in agriculture, and applied econometrics. He is particularly interested in the development and application of statistical methods for evaluating relationships between agricultural yields and prices across time and space. To learn more about Ford Ramsey's work, click on the information below.
Expertise:
Education:
Ph.D., Economics, North Carolina State University, 2017
M.A., Teaching, University of North Carolina, 2011
B.A., Music, Economics minor, University of North Carolina, 2010
I conduct research in production agriculture with a focus on empirical studies in policy, prices, and risk. Much of my published work involves modeling of crop yields, agricultural prices, and dependence in the context of crop insurance. My current work involves modeling crop quality and yield response to inputs as well as productivity impacts of policy interventions.
Courses Taught
AAEC 4804 - Econometrics
AAEC 4204 - Food and Agricultural Policy
AAEC 4424 - Agricultural Finance
Courses Taught Elsewhere
EC 202 - Principles of Macroeconomics
ED 205 - Fundamentals of Economics
Experience
- Assistant Professor, Agricultural and Applied Economics, Virginia Tech, 2017-Present
- SAS Institute, Cary, NC, 2014-2017
Awards
AAEA/AARES Heading South Awards, 2016
Outstanding PhD Student Presentation Award, Runner Up, AISC, 2016
Journal Articles
Ramsey, A.F. Forthcoming. Probability Distributions of Crop Yields: A Bayesian Spatial Quantile Regression Approach. American Journal of Agricultural Economics.
Ramsey, A.F. and Goodwin, B.K. (2019). Value-at-Risk and Models of Dependence in the U.S. Federal Crop Insurance Program. Journal of Risk and Financial Management. 12(2) 1-21.
Duncan, S.E., Reinhard, R., Williams, R.C., Ramsey, A.F., Thomason, W., Lee, K., Dudek, N., Mostaghimi, S., Colbert, E., and Murch, R. (2019). Cyberbiosecurity: A New Perspective on Protecting U.S. Food and Agricultural System. Frontiers in Bioengineering and Biotechnology. 7(63) 1-7.
Ramsey, A.F. and Goodwin, B.K., and Ghosh, S.K. (2019). Saying Sayonara to the Farm: Hierarchical Bayesian Modeling of Farm Exits in Japan. Journal of Agricultural Economics. 70(2) 372-391.
Santeramo, F.G. and Ramsey, A.F. (2017). Crop Insurance in the European Union: Lessons and Caution from the United States. EuroChoices. Forthcoming.
Ramsey, A.F. and Santeramo, F.G. (2016). La domanda di assicurazione nell'Unione europea: riflessioni sull'esperienza degli Stati Uniti. Agriregionieuropa. 12(47).