Financial distress in european vineyards and olive groves
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/27524 |
Resumo: | This study focuses on the prediction of financial distress of agricultural firms operating in the vineyards and olive crops sectors in Mediterranean countries, specifically in Portugal, Spain,and Italy, which are considered to be crucial for the production of these crops. The sample size of the study is 5,057 firms. Twelve models are presented, estimated from subsamples of combinations between countries and crops. Logistic regression is used for the estimation of these models.The accuracy of the models is evaluated, taking into account the importance of misclassification costs.Additionally, the areas under the ROC curves are calculated and compared in a dynamic of possible combinations between crops and countries. The study concludes that there are differences between the two sectors, as well as across countries, and suggests that dedicated models for each country or crop may improve the models’accuracy. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Financial distress in european vineyards and olive grovesagriculturefinancial distressprediction modelsROCcurvesThis study focuses on the prediction of financial distress of agricultural firms operating in the vineyards and olive crops sectors in Mediterranean countries, specifically in Portugal, Spain,and Italy, which are considered to be crucial for the production of these crops. The sample size of the study is 5,057 firms. Twelve models are presented, estimated from subsamples of combinations between countries and crops. Logistic regression is used for the estimation of these models.The accuracy of the models is evaluated, taking into account the importance of misclassification costs.Additionally, the areas under the ROC curves are calculated and compared in a dynamic of possible combinations between crops and countries. The study concludes that there are differences between the two sectors, as well as across countries, and suggests that dedicated models for each country or crop may improve the models’accuracy.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaCéu, Mário S.Gaspar, Raquel M.2023-03-29T09:36:41Z2023-032023-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/27524engCéu, Mário S. e Raquel M. Gaspar (2023). "Financial distress in european vineyards and olive groves". REM Working paper series, nº 0266/20232184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-04-02T01:35:01Zoai:www.repository.utl.pt:10400.5/27524Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:48:22.522848Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Financial distress in european vineyards and olive groves |
title |
Financial distress in european vineyards and olive groves |
spellingShingle |
Financial distress in european vineyards and olive groves Céu, Mário S. agriculture financial distress prediction models ROCcurves |
title_short |
Financial distress in european vineyards and olive groves |
title_full |
Financial distress in european vineyards and olive groves |
title_fullStr |
Financial distress in european vineyards and olive groves |
title_full_unstemmed |
Financial distress in european vineyards and olive groves |
title_sort |
Financial distress in european vineyards and olive groves |
author |
Céu, Mário S. |
author_facet |
Céu, Mário S. Gaspar, Raquel M. |
author_role |
author |
author2 |
Gaspar, Raquel M. |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Céu, Mário S. Gaspar, Raquel M. |
dc.subject.por.fl_str_mv |
agriculture financial distress prediction models ROCcurves |
topic |
agriculture financial distress prediction models ROCcurves |
description |
This study focuses on the prediction of financial distress of agricultural firms operating in the vineyards and olive crops sectors in Mediterranean countries, specifically in Portugal, Spain,and Italy, which are considered to be crucial for the production of these crops. The sample size of the study is 5,057 firms. Twelve models are presented, estimated from subsamples of combinations between countries and crops. Logistic regression is used for the estimation of these models.The accuracy of the models is evaluated, taking into account the importance of misclassification costs.Additionally, the areas under the ROC curves are calculated and compared in a dynamic of possible combinations between crops and countries. The study concludes that there are differences between the two sectors, as well as across countries, and suggests that dedicated models for each country or crop may improve the models’accuracy. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-03-29T09:36:41Z 2023-03 2023-03-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/27524 |
url |
http://hdl.handle.net/10400.5/27524 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Céu, Mário S. e Raquel M. Gaspar (2023). "Financial distress in european vineyards and olive groves". REM Working paper series, nº 0266/2023 2184-108X |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
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1799131566787526656 |