Claassen, Roger; Lubowski, Ruben N.; Roberts, Michael J. - Agricultural and Applied Economics Association - AAEA - 2005
We examine changes in land use caused by the large increase in crop insurance premium subsidies under the 1994 Federal Crop Insurance and Reform Act (FCIRA). We use a conditional logit model to estimate changes in six major land uses from 1992 and 1997 as a function of the change in expected...