- Author
- Riessen Christian, Koegl Hans
- Title
- Risk Diversification by Biogas Plants in Agricultural Portfolios
- Source
- Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia, 2010, nr 26, s. 741-748, Rys., tab., bibliogr. poz. 10
- Keyword
- Agrobiznes, Ryzyko
Agrobusiness, Risk - Note
- streszcz., summ..
- Abstract
- By a biogas plant inyestment in an agricultural enterprise it may come to changes of the whole-operational yield/risk relation. This article examines the potential influence of a biogas plant on this relation. For this purpose, first the maximum possible risk reduction of a biogas plant in connection with different agricultural business branches is ascertained by means of minimum-variance-port-folios. Furthermore, this contribution examines the efficiency of a whole-operational yield change by a biogas plant inyestment depending on different business portfolios. From the combination of a biogas plant with different business branches it has turned out that all variations show a minimum yariance portfolio and are therefore basically suitable for risk reduction. The calculation of the efficiency of the yield change shows considerable differences for the business portfolios examined. It is pointed up which business branches and business portfolios are suited more or less for an inyestment in a biogas plant in view of the risk. (original abstract)
- Accessibility
- The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Szczecin University Main Library - Bibliography
- Berg E,: Integriertes Risikomanagement - Notwendigkeit und Konzepte fUr die Landwirtschaft, Agrarokonomie im Wandel, 2005.
- BMVEL, Buchfiihrungsergebnisse der Testbetriebe, 2005-2007.
- FNR: Handreichung Biogasgewinnung und-nutzung, 2. Auflage, Giilzow, 2005.
- FADN-Farm Accounting Data Network: Type of farming used by the EU-Commission.
- Kobzar O.A.: Whole-farm risk management in arabie farming. PhD Thesis, Wageningen University, 2006.
- KTBL: Betriebsplanung Landwirtschaft 2004/2005, 19. Auflage, Darmstadt, 2004.
- KTBL: Gasausbeute in landwirtschaftlichen Biogasanlagen, Darmstadt, 2005.
- Markowitz H.M.: Portfolio Selection. Efficient diyersification of Inyestments, Malden: Blackwell Publisher, Ltd., 2000.
- Rauh S., Berenz S., HeiBenhuber A.: Anschatzung des unternehmerischen Risikos beim Betrieb einer Biogasanlage mit Hilfe der Monte-Carlo-Methode, Schriften der Gesellschaft filr Wirtschafts-und Sozialwissenschaft des Landbaues, 2008.
- Trautmann S.; Inyestitionen - Bewertung, Auswahl und Risikomanagement, Heidelberg: Springer-Yerlag, 2006.
- Cited by
- ISSN
- 1640-6818
1733-2842 - Language
- eng