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The analysis was conducted on the USDA's Risk Management Agency insurance data and NRCS Land Resource Regions from 1994 - 2001 to assist RMA in improving program integrity. The objective is to develop a data-mining algorithm that identifies anomalous producers and counties within LRRs based upon...
Persistent link: https://www.econbiz.de/10005038897
This paper determines whether the opportunity costs of share leasing and the share amounts of farmers/tenants affect the likelihood of submitting a prevented planting claim. Results from our probit analysis shows that lower opportunity costs of share leasing and higher farmer/tenant share amount...
Persistent link: https://www.econbiz.de/10005803113
A theoretical model based on opportunity cost and expected utility principles establishes linkages between the likelihood of prevented planting claims in crop insurance, existing share leasing arrangements and internal farm business structures. Results of probit estimation procedures indicate...
Persistent link: https://www.econbiz.de/10005330774
A conceptual model based on opportunity cost and expected utility principles establishes linkages between the likelihood of prevented planting claims in crop insurance and existing share leasing arrangements/internal farm business structures. Results of heteroskedastic probit estimation...
Persistent link: https://www.econbiz.de/10014061148
The Environmental Policy Integrated Climate (EPIC) model was modified to include hail weather events, completing modification needed to simulate the four most frequent causes of crop yield loss (hail, too wet, too cold, too dry) in the Kansas crop insurance program. Yields were simulated for...
Persistent link: https://www.econbiz.de/10005338202
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Federal crop insurance programs offer producers the option of insuring farm units individually or as an aggregate unit. Existing programs offer a fixed 10% discount for most growers taking coverage at the aggregate level. This article describes an analysis of risk changes when units are...
Persistent link: https://www.econbiz.de/10013147212
This article examines what differentiates "socially responsible" farmers (i.e., those who rank environmental benefits higher than profit, based on a Likert style ranking) from farmers who make decisions based solely on financial criteria. A proportional odds model (POM) is proposed to estimate...
Persistent link: https://www.econbiz.de/10010880660
The potential contributions of new biotechnologies to sustainable food and income security have been the subject of widespread discussions around the turn of the twenty-first century. But distributional issues of which segments of GMO adopters benefit the most have not been given ample...
Persistent link: https://www.econbiz.de/10010913980