Oa. Ramirez et R. Sosa, Assessing the financial risks of diversified coffee production systems: Analternative nonnormal CDF estimation approach, J AGR RESOU, 25(1), 2000, pp. 267-285
Recently developed techniques are adapted and combined for the modeling and
simulation of crop yields and prices that can be mutually correlated, exhi
bit heteroskedasticity or autocorrelation, and follow nonnormal probability
density functions. The techniques are applied to the modeling and simulati
on of probability distribution functions for the returns of three tropical
agroforestry systems for coffee production. The importance of using distrib
ution functions that can more closely reflect the statistical behavior of y
ields and prices for risk analysis is discussed and illustrated.