A Market Equilibrium Analysis of the Impact of Risk on the U.S. Rice Industry
构建美国稻米供需经济模型，发现风险增加导致种植面积减少和营销价差扩大，且市场价格和产量对营销端风险变化更敏感。
An economic model of supply/demand for U.S. rice suggests that increases in risk result in decreased acreage and increased marketing margins. In a market equilibrium context, the empirical results also suggest rice production and rice prices are more responsive to changes in risk faced by marketing firms than changes in risk faced by producing firms.