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Ford Ramsey

Austin Ford Ramsey, Agricultural and Applied Economics, Virginia Tech
202-B Hutcheson Hall
250 Drillfield Drive
Blacksburg, VA

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.



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


  • Assistant Professor, Agricultural and Applied Economics, Virginia Tech, 2017-Present
  • SAS Institute, Cary, NC, 2014-2017


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).