User profiles for C. Richard Shumway

CR Shumway

Regents Professor of Economics, Washington State University
Verified email at wsu.edu
Cited by 5110

Joint estimation of risk preference structure and technology using expo‐power utility

A Saha, CR Shumway, H Talpaz - American Journal of …, 1994 - Wiley Online Library
A method is developed to permit joint estimation of risk preference structure, degree of risk
aversion, and production technology. The method is implemented using the Expo‐Power …

Allocatable fixed inputs and jointness in agricultural production: implications for economic modeling

CR Shumway, RD Pope… - American Journal of …, 1984 - Wiley Online Library
C. Richard Shumway is a professor of agricultural economics, Texas A&M University; Rulon
D. Pope is an associate professor of economics, Brigham Young University; Elizabeth K. …

Economic value of days open for Holstein cows of alternative milk yields with varying calving intervals

FJ Holmann, CR Shumway, RW Blake… - Journal of Dairy …, 1984 - Elsevier
Value of days open was estimated by budgeting simulation of a commercial herd situation for
Holstein cows of alternative milk yields with varying calving intervals. Values for days open …

Supply, demand, and technology in a multiproduct industry: Texas field crops

CR Shumway - American Journal of Agricultural Economics, 1983 - Wiley Online Library
Technology, supply, and demand relationships among six Texas field crops and three variable
inputs are investigated using a dual approach. Evidence of nonjoint production is found …

The economics and econometrics of damage control

A Saha, CR Shumway… - American Journal of …, 1997 - Wiley Online Library
Concern for the potentially harmful side effects of agricultural chemical inputs, especially
pesticides, highlights the need to accurately determine the economic levels of their use. We …

The economics of dairy anaerobic digestion with coproduct marketing

CP Bishop, CR Shumway - Applied Economic Perspectives …, 2009 - Wiley Online Library
Increasing national focus on renewable energy has prompted a reappearance of anaerobic
digestion technology installations on dairy farms. The focus of this study is on an operational …

Dynamic adjustment in the US dairy industry

WH Howard, CR Shumway - American Journal of Agricultural …, 1988 - Wiley Online Library
A dual model is used to examine the dynamic structure of the US dairy industry. Properties
implied by the theory of the competitive firm and independent adjustment of two quasi‐fixed …

Crop insurance, land allocation, and the environment

CG Walters, CR Shumway, HH Chouinard… - Journal of Agricultural …, 2012 - JSTOR
Government programs that help agricultural producers manage risk may have environmental
consequences. In recent years, premium subsidies for crop insurance have been …

Multiproduct supply and input demand in US agriculture

CR Shumway, RR Saez… - American Journal of …, 1988 - Wiley Online Library
C. Richard Shumway is a professor of agricultural economics, Texas A&M University.
Roberto R. Saez is a senior research fellow, International Center of Tropical Agriculture and …

Analysis of credit access, US agricultural productivity, and residual returns to resources

D Sabasi, CR Shumway… - Journal of Agricultural and …, 2021 - cambridge.org
We examine the relationship credit access has had with the US agricultural productivity and
residual returns to resources. Our theoretical analysis suggests that limited credit access can …