The objective of this paper is to examine the potential impacts of crop insurance on farm economic structure using Nebraska agriculture sector data from 1980-1997. We estimate the system of input demand (output supply) equations including policy premium (policy indemnity) in order to examine the...

Different types of adverse selection-type of insurance product, type of unit, type of coverage and number of actual yields reported in Federal crop insurance is examined utilizing binomial and ordered logit discrete choice models for all U.S. cotton producers, 1997-2000. The associated costs of...