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The factors affecting the demand for agricultural insurance in the US have been extensively studied over the last two decades. However, the determinants of a farm’s entry and exit decisions in the insurance market have received relatively little attention. Turnover in the insurance book of...
Persistent link: https://www.econbiz.de/10015250810
This paper employs mean-variance and mean-skewness optimization to investigate farmers' crop choices under Gross Revenue Insurance (GRIP), Whole Farm Income Insurance, the Canadian Agricultural Income Stabilization program, and its modified 2008 program AgrInvest. To our knowledge this paper is...
Persistent link: https://www.econbiz.de/10013143695
The agricultural yield is affected by several risks, main of them are not controllable by humans. For this reason, the CAP has established several interventions to help guaranteeing a stable and appropriate income to farmers. One of the main policy interventions established in the current CAP...
Persistent link: https://www.econbiz.de/10012671937
Discrepancy between the labeled content and the real content of fertilizer is a growing problem. It exists in many countries, such as Bangladesh, Cambodia, China, Nigeria, Tanzania, Vietnam, and more. We analyze in our article the effect of low quality fertilizer, which contains less nitrogen...
Persistent link: https://www.econbiz.de/10010931686
On average, U.S. farmers choose to apply nitrogen fertilizer at a rate that exceeds the ex post agronomically optimal rate. The technology underlying the yield response to nitrogen rewards producers who over apply in years when rainfall is excessive. The overapplication of nutrients has negative...
Persistent link: https://www.econbiz.de/10009023959
On average, U.S. farmers choose to apply nitrogen fertilizer at a rate that exceeds the ex post agronomically optimal rate. The technology underlying the yield response to nitrogen rewards producers who over apply in years when rainfall is excessive. The overapplication of nutrients has negative...
Persistent link: https://www.econbiz.de/10009004796
On average, U.S. farmers choose to apply nitrogen fertilizer at a rate that exceeds the ex post agronomically optimal rate. The technology underlying the yield response to nitrogen rewards producers who over apply in years when rainfall is excessive. The overapplication of nutrients has negative...
Persistent link: https://www.econbiz.de/10009004800
Participation in crop insurance programs is lowered by imperfect knowledge resulting in adverse selection and moral hazard problems. We aim at investigating how experience in insurance contracts may influence participation in the Italian crop insurance market. From Italian farm-level data we...
Persistent link: https://www.econbiz.de/10015259928
This paper provides an ex ante assessment of the effects of the Income Stabilization Tool (IST), a new risk management tool proposed in the Common Agricultural Policy of the European Union. We investigate the effects of IST on income variability and levels as well as on income inequality in the...
Persistent link: https://www.econbiz.de/10012613843
Farmers may use financial market instruments to hedge price risks. Moreover, various types of insurance products are on the market to protect against production losses. An insurance that covers losses of both input and output prices was recently introduced in the USA. We develop this concept...
Persistent link: https://www.econbiz.de/10011853239