Agribusiness, Risk Management, and Policy
Image of food
A core belief in our research activities is to foster profitability in the agricultural sector.
We use objective, scientifically-sound methodologies to solve problems inherent to the food and fiber industry - specifically, identification, mitigation, and management of the risks unique to agricultural production, markets, finance, institutions, and human resources. We look at local, regional, national, and international policy implications stemming from applied data analysis and research findings to help inform decision-making at the firm and industry levels.
Graduate students have the opportunity to work on cross-disciplinary projects and partner with numerous private-sector professionals and organizations.
Ramsey, A.F. Forthcoming. Probability Distributions of Crop Yields: A Bayesian Spatial Quantile Regression Approach. American Journal of Agricultural Economics.
Bovay, J. “Food safety, reputation, and regulation.” Applied Economic Perspectives and Policy.
Garber, B., J. Alwang, G.W. Norton, and J. Bovay. “Beef and the Bottom Line: The Effect of Value-Added Certification on Feeder Cattle Profitability.” Journal of Agricultural and Applied Economics.
L.A. Craig and M.T. Holt. “The Role of Mechanical Refrigeration in Spatial and Temporal Price Dynamics for Regional U.S. Egg Markets, 1880–1911.” Explorations in Economic History, forthcoming.
Isengildina Massa, O., B. Karali, T. Kuethe and A. Katchova. (2020). “Joint Evaluation of the System of USDA’s Farm Income Forecasts.” Applied Economic Perspectives and Policy (in press).
Isengildina-Massa, O., B. Karali, S.H. Irwin, M. Adjemian and R. Johansson. (2020). “When Does USDA Information Have the Most Impact on Crop and Livestock Markets?” Journal of Commodity Markets.
Sustainable Development Goals (SDG)
In 2015, the United Nations adopted a global framework for sustainable development focusing on 17 SDGs. The SDGs call for all countries to address complex, global problems covering all aspects of sustainability such as health and well-being, equality, clean water, and climate change.
Virginia Tech is tracking progress toward achieving the United Nation’s SDGs across three categories; research, outreach, and stewardship. View the progress here.
