منابع مشابه
2007 Crop Insurance Summary
All agricultural producers face recurring risks, significant among them being production risk. Many factors contribute to production risk, including adverse weather conditions such as drought or floods, fires, insects or pests, and disease. These events can devastate a crop, significantly reducing yield and farmer revenue. Since the only way to completely avoid all production risks is to stop p...
متن کاملDeveloping Area Yield Crop Insurance under Alternative Parametric Methods: Case study for Wheat in East Azarbaijan Province, Iran
In crop insurance design, the yield guarantee and the premium are very important parameters, both of which depend upon the yield distribution. Accordingly, the accurate modeling of yield distribution is essential for designing crop insurance contracts. This study employs historical county-level yield data for irrigated and dry wheat in East Azarbaijan Province, Iran for 1975-2013 to evaluate th...
متن کاملCrop Insurance and Disaster Assistance
Reform (FAIR) Act implemented farm program contract payments that do not increase as agricultural prices fall, shifting farm policy toward a greater emphasis on risk management and, in particular, on crop insurance. This shift has resulted in the introduction of new types of insurance policies; especially those that provide both yield and price protection. Several new and innovative crop polici...
متن کاملDesigning Optimal Crop Revenue Insurance
When the indemnity schedule is contingent on the farmer’s price and individual yield, an optimal crop revenue insurance contract depends only on the farmer’s gross revenue. However, this design is not efficient if, as is the case with available contracts, the coverage function is based on imperfect estimators of individual yield and/or price. The producer’s degree of prudence and the extent of ...
متن کاملThe Environmental Impacts of Subsidized Crop Insurance: Crop Insurance & the Extensive Margin
A partial equilibrium model of stochastic crop production is used to analyze the impacts of subsidized crop insurance on the extensive margin of agricultural production. It is shown that land use is unchanged only when an actuarially fair, perfectly separating insurance contract is offered. For actuarially fair, pooling equilibrium contracts, however, land with a minimum quality that is strictl...
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ژورنال
عنوان ژورنال: Journal of Agricultural and Applied Economics
سال: 2008
ISSN: 1074-0708,1074-0708
DOI: 10.1017/s1074070800028078