Sall, Ibrahima; Tronstad, Russell - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-20
US crop insurance is subsidized to encourage producers to participate and reduce their risk exposure. However, what has been the impact of these subsidies on insurance demand and crop acres planted? Using a simultaneous system of two equations, we quantify both insurance participation and...
