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Government programs that help agricultural producers manage risk may have environmental consequences. In recent years, premium subsidies for crop insurance have been increased substantially to encourage greater producer participation. Using detailed, producer-level crop insurance contract data...
Persistent link: https://www.econbiz.de/10010881536
Transitional yields based on county average can be used by producers as the basis to obtain crop insurance on fields that have not previously produced the crop. Using field-level crop insurance contract data for several crops in five different growing regions we examine the impact of this...
Persistent link: https://www.econbiz.de/10005327213
Persistent link: https://www.econbiz.de/10011490842
Contingent wildfire insurance and fuel management cost-sharing programs are becoming more prevalent in western states. This paper develops a model to examine the incentive effects of these two mechanisms for private investment in wildfire risk mitigation. The model shows that contingent...
Persistent link: https://www.econbiz.de/10009446228
This paper makes three principal contributions. First, we propose a new estimator for the unobservable variable models with endogenous causes. We show that under factor analysis type of assumptions, Robinson and Ferrara (1977)'’s procedure is not fully efficient, and a more efficient procedure...
Persistent link: https://www.econbiz.de/10009446232
In the past twenty years the growth of China's economy and agriculture has been extraordinary. However it seems unlikely that, without substantial interventions, China will attain self-sufficiency in agriculture by 2005. We build a CGE model to examine the main trade policy options available to...
Persistent link: https://www.econbiz.de/10005513572
Persistent link: https://www.econbiz.de/10005522425
Contingent wildfire insurance and fuel management cost-sharing programs are becoming more prevalent in western states. This paper develops a model to examine the incentive effects of these two mechanisms for private investment in wildfire risk mitigation. The model shows that contingent...
Persistent link: https://www.econbiz.de/10005483714
Grass-fed beef is a product with health benefits that may appeal to health-conscious consumers. This article analyzes the results of a choice experiment to explore the importance of health benefits in the marketing of grass fed beef. Both price and fat and calories have a negative effect on the...
Persistent link: https://www.econbiz.de/10005454354
Persistent link: https://www.econbiz.de/10005459822