caa a22 4500 388054409 CHVBK 20180307125102.0 cr unu---uuuuu 161130e199807 xx s 000 0 eng 10.1017/S1074070800008051 doi S1074070800008051 pii (NATIONALLICENCE)cambridge-10.1017/S1074070800008051 Marra Michele C. Department of Agricultural and Resource Economics, North Carolina State University Sources of and Solutions for Southern Agricultural Risk: The View from the Coast [Elektronische Daten] [Michele C. Marra] Ray et al. have examined the national agricultural sector impacts of the 1996 FAIR Act using a stochastic simulation model based on the Policy Analysis System (POLYSYS). The model outcomes are predictions of various economic measures, including the coefficient of variation of net returns for corn, wheat, soy-beans, and cotton. Then Knutson et al. use the results of the Ray et al. simulations to predict the distribution of net farm income over the next 10 years for several types of representative southern farms. Any attempt to measure the changes in riskiness in southern agriculture is commendable—even heroic—and I applaud these efforts, both the national modeling effort by Ray et al. and the application to southern representative farms by Knutson et al. This task has a lot in common, I think, with trying to "tease out” the temperature changes associated with the greenhouse effect. The number of factors and mechanisms at work is mind-boggling. It's tough enough to try to get a handle on what might happen to the first moment of net farm income over the next 10 years, let alone the second. Copyright © Southern Agricultural Economics Association 1998 Implications of Changing Agricultural Policy for the South nationallicence Journal of Agricultural and Applied Economics Cambridge University Press 30/1(1998-07), 65-67 1074-0708 30:1<65 1998 30 AAE https://doi.org/10.1017/S1074070800008051 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S1074070800008051 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Marra Michele C. Department of Agricultural and Resource Economics, North Carolina State University NATIONALLICENCE 773 0- Journal of Agricultural and Applied Economics Cambridge University Press 30/1(1998-07), 65-67 1074-0708 30:1<65 1998 30 AAE CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge