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Agribusiness, Risk Management & Policy

Puget Spice Crab Apple, Tree Fruit Horticulture Professor Greg Peck, whose research involves apples and hard cider, at Alson H. Smith, Jr. Agricultural Research and Extension Center (AREC) in Winchester.

Apple Picking

A central tenet of 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.

Recent Publications

Faculty and Graduate Students Title and Publication Name
Ford Ramsey (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.
John Bovay 2019. Ollinger, M., and J. Bovay. “Producer response to public disclosure of food-safety information.” Forthcoming, American Journal of Agricultural Economics.
Ford Ramsey (2019). Cyberbiosecurity: A New Perspective on Protecting U.S. Food and Agricultural System. Frontiers in Bioengineering and Biotechnology. 7(63) 1-7.
John Bovay 2019. “Animal Welfare, Ideology, and Political Labels: Evidence from California’s Proposition 2 and Massachusetts’ Question 3.” Journal of Agricultural and Resource Economics 44(2):246–266.
Julien Cadot 2018 “The key-role of banks in the lifecycle of cooperatives: the case of the Bordeaux wine industryJournal of Wine Economics, 1-19. doi:10.1017/jwe.2018.11.
Matthew 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.
Olga Isengildina-Massa Do Markets Correct for Smoothing in USDA Crop Production Forecasts? Evidence from Private Analysts and Futures Prices, Applied Economic Perspectives and Policy, , ppx032,
Clinton Neill (2017). “Starting on the Right Foot: School Characteristics and Veterinarian Starting Salary.” Journal of Agricultural and Applied Economics.
Julien Cadot Neutraliser les mécanismes de gouvernance… et s’en mordre les doigts. Un cas de reprise d’entreprise qui tourne mal. »  La Revue de l’Entrepreneuriat, volume 16, n°3-4, 2017.
Gordon Groover, Kathryn A. Boys* Fostering rural and agricultural tourism: exploring the potential of geocaching, Journal of Sustainable Tourism, DOI: 10.1080/09669582.2017.1291646 
Olga Isengildina-Massa Does E-Commerce Help Farmers’ Markets? Measuring the Impact of MarketMaker.” Journal of Food Distribution Society, in press.
Clinton Neill (2016). “Consumer Preference for Alternative Milk Packaging: The Case of an Inferred Environmental Attribute.” Journal of Agricultural and Applied Economics. 48(3): 241-256.
Mary Marchant, XIE C.* "Supplying China's Growing Appetite for Poultry," International Food and Agribusiness Management Review (IFAMR). Volume 18 -- Special Issue A(2015):115-136. 
Kim Morgan “Using Audience Response Systems for Extension Programming Impact Evaluation: Findings from Market Ready Farm-to-Restaurant Workshops Conducted in Mississippi and Arkansas.” Journal of Food Distribution Research 46(2): pp. 51-65.
Kim Morgan “A Diversification Strategy for Perennial Horticulture in Florida.” HortTechnology 23(4)
Matthew Holt
Copula-Based Nonlinear Modeling of the Law of One Price for Lumber Products.” Empirical Economics, 2011.