Showing 1 - 10 of 78
farmers' overall risk exposure and profitability is unclear. Self-selection and market dynamics have masked the direct effect … effect on risk exposure and, ultimately, profitability. I find that crop insurance increases debt holdings and acres cash … insurance crowds out other risk-management strategies without improving farm profitability. …
Persistent link: https://www.econbiz.de/10011069019
This work outlines the quantitative procedures and results of the policy effects for alternative designs of federal revenue-based farm income safety net programs on eight individual representative farms across the state of Nebraska. Measures include financial impacts of the farm crop...
Persistent link: https://www.econbiz.de/10010916538
policy from income support to risk management. A mix of price- and revenue-based commodity programs as well as yield- and … revenue-based insurance products provide crop producers a complex portfolio of risk management tools and choices. To make … effective risk management decisions, crop producers must integrate farm programs and crop insurance alternatives in a …
Persistent link: https://www.econbiz.de/10010878690
) rates tend to underestimate the risk in the lower coverage levels (50% and 60%). At the level of 70% of coverage the …
Persistent link: https://www.econbiz.de/10010916252
This paper investigates, through a dynamic stochastic adjustment model the extent to which an active agricultural policy can be the source of volatility in agricultural investment. It is shown that noise in formulation of agricultural policy has adverse effects even in cases where earlier...
Persistent link: https://www.econbiz.de/10005468466
This study takes the standard acreage response model that stems from an expected utility framework, accounting for both price and yield variability, and nests it within a flexible semi-nonparametric (SNP) model consistent with farm-level decision models for computationally tractable results. We...
Persistent link: https://www.econbiz.de/10009002471
-food risks. The means by which this is done is novel and differs from past risk perception analyses in that it asks people … the risk perceptions has 4 main foci concerning the relative assessment of (i) novel as opposed to more familiar risks (e … versus how worrying the risks are considered to be, (iv) differences in the risk perceptions across social groups, in this …
Persistent link: https://www.econbiz.de/10009020397
Herein we model the widespread dispersal and management of an invasive species as a weak-link public good. The risk of … introduction is driven in part by economic activity, is influenced by policies directed at the risk, and economic activity responds …/adapts to the risk. Framed around recent introductions and rapid spread of dreissenid mussels in the Western United States, we …
Persistent link: https://www.econbiz.de/10009020407
Persistent link: https://www.econbiz.de/10009020428
Persistent link: https://www.econbiz.de/10009020818