TESTING THE VIABILITY OF AREA YIELD INSURANCE FOR COTTON AND SOYBEANS IN THE SOUTHEAST

GRP is essentially a put option on the NASS estimate of the county average yield. Purchasers of GRP are exposed to geographic basis risk. This study uses farm- and county-level yield data to examine the viability of area yield insurance for cotton and soybean farms in the southeastern U.S.

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Year of publication:	2004
Authors:	Deng, Xiaohui ; Barnett, Barry J. ; Vedenov, Dmitry V.
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Risk and Uncertainty

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Extent:	application/pdf
Series:	2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma Number 34718
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005220671