Mc. Marra et Bw. Schurle, KANSAS WHEAT YIELD RISK MEASURES AND AGGREGATION - A METAANALYSIS APPROACH, Journal of agricultural and resource economics, 19(1), 1994, pp. 69-77
A meta-analysis approach to prediction of farm level yield risk from c
ounty level yield series is applied to Kansas wheat yields. A nonlinea
r relationship between county level and farm level yield risk is found
, which indicates that yield risk increases at an increasing rate as t
he number of acres in the risk measure decreases. County level yield v
ariability should be adjusted upward by approximately. 1% for each per
cent difference in county acreage and average farm acreage within the
county. The meta-analysis approach is shown to be promising for the pr
ediction of farm level yield risk when farm level information is diffi
cult to obtain.