منابع مشابه
Federal Crop Insurance and the Disincentives to Adapt to Extreme Heat
The United States produces 40% of the world’s corn and soybeans. Given its dominant market share, any effect on US production has global repercussions. Annual fluctuations in yields crucially depend on the occurrence of extreme heat as measured by temperatures that exceed 29C and 30C, respectively. We examine whether the highly subsidized US crop insurance gives farmers a disincentive to use al...
متن کامل2007 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 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 کاملWeather Based Crop Insurance in India
The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...
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ژورنال
عنوان ژورنال: The Canadian Journal of Economics and Political Science
سال: 1943
ISSN: 0315-4890
DOI: 10.2307/137427