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Book An Economic Analysis of Crop Insurance Options in Manitoba

Download or read book An Economic Analysis of Crop Insurance Options in Manitoba written by Paul Swain Westdal and published by . This book was released on 1975 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in this study arose from a concern on the part of research scientists and the Manitoba Crop Insurance Corporation that the current Manitoba program meet its intended objective of investment protection at the lowest possible cost. The central role played by the crop insurance program in ameliorating the negative impact of variable farm income in Manitoba underscored the importance of the study. The fact that the current program deviated significantly from the model originally offered emphasized the need for a comprehensive evaluation of the program's ability to fulfill its central objective. Specifically in this study an attempt was made to establish whether or not the crop insurance options available in the current program offered producers in Manitoba a level of coverage sufficient to meet annual out of pocket costs for their wheat, oats, and barley enterprises. A similar comparison was conducted using the now defunct Improved Practises program. A related investigation was conducted to determine what additional costs, depreciation and consumption, might be covered by the higher coverage options where coverage surpluses were generated in excess of out of pocket costs. Finally the effect on the performance of crop insurance options of providing coverage using a five year moving average trend yield method was examined ...

Book An Economic Analysis of a Crop Cost Approach to Crop Insurance

Download or read book An Economic Analysis of a Crop Cost Approach to Crop Insurance written by B. VanKoughnet and published by . This book was released on 1992 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Economics of Agricultural Crop Insurance  Theory and Evidence

Download or read book Economics of Agricultural Crop Insurance Theory and Evidence written by Darrell L. Hueth and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government subsidized crop insurance has been used by a number of developed countries as a mechanism to reduce farm income instability by reducing yield risks. This book provides an in-depth analysis and evaluation of government provided crop insurance in developed countries. The book is organized into three sections: Part one presents background material on crop insurance programs in the U.S., Canada and selected other countries. Part two provides some analytical models of multiple peril crop insurance which suggest the possibility of modification of design which could improve performance and which explores theoretical linkages between crop insurance decisions and other producer decisions previously not analyzed. The main part of the book is Part three, where the results of a series of empirical studies using databases particularly designed to answer crop insurance questions are presented. This part of the book tests a number of the hypotheses which were raised in Parts one and two regarding reasons for the view widely held by economists that crop insurance has not functioned well.

Book The Economics of Crop Insurance and Disaster Aid

Download or read book The Economics of Crop Insurance and Disaster Aid written by Barry K. Goodwin and published by American Enterprise Institute. This book was released on 1995 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the first to provide a comprehensive and in-depth economic analysis of the origins and consequences of U.S. crop insurance and disaster relief programs. The authors investigate the policy options for disaster assistance and crop insurance, beginning with the recognition that current policies are unsatisfactory.

Book An Economic Analysis of Farm Revenue Insurance

Download or read book An Economic Analysis of Farm Revenue Insurance written by David Dale Trechter and published by . This book was released on 1984 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book An Economic and Actuarial Evaluation and Comparative Study of All risk Crop Insurance Programs in Manitoba

Download or read book An Economic and Actuarial Evaluation and Comparative Study of All risk Crop Insurance Programs in Manitoba written by Yongsheng Ye and published by . This book was released on 1994 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis conducts a comprehensive evaluation and a comparative study of crop insurance programs in Manitoba. The main purpose of the study is to investigate the most effective crop insurance program structures for both the government crop insurance corporation and the insured farmers. The major objective is to provide theoretical and empirical insights into some important issues with which a voluntary all-risk crop insurance is often confronted, and to seek some plausible solutions in two distinct ways: (1) to construct improved program designs including better actuarial structures, better premium ratemaking methodologies, and better coverage frameworks, and (2) to induce stronger program demand. The thesis contains three parts. An extensive economic literature review of general insurance and crop insurance is first conducted. The fundamentals of the actuarial aspect of insurance are outlined. The basic framework of insurance economics is introduced and discussed within the context of demand for and supply of insurance, A general public all-risk crop insurance model is then developed. The resource distortion effects of crop insurance program parameters are isolated and the resource neutrality conditions are derived... Parts two and three present some empirical results. In part two ( Chapter 3 ), three crop insurance programs are evaluated in terms of their effectiveness of yield risk reductions for more than 450 Manitoba farms... In part three (Chapter 4 ), theoretical and analytical issues in pure premium ratemaking for an all-risk crop insurance program are evaluated. Explicit actuarially fair rate formulas for normal yield distribution and beta yield distribution are presented... The Bayesian framework gives rise to some median rates and it is a very useful premium revision technique. It is also found that the current rate formula used by the Manitoba Crop Insurance Corporation is only partly justified and it could be improved by utilizing a formal Bayesian methodology. The chapter also demonstrates that an indemnity-truncated or deductible-shifted program needs to be considered by the insurance corporation. It is attractive for both the insurer and the insured in the sense that an equivalent or higher yield protection could be obtained by the insured and the program management cost savings could be very significant to the insurance agency.

Book Crop Insurance in Manitoba   a Report on the Feasibility and Practicability of Crop Insurance in Manitoba

Download or read book Crop Insurance in Manitoba a Report on the Feasibility and Practicability of Crop Insurance in Manitoba written by Manitoba. Economic Survey Board and published by Manitoba : conomic Survey Board. This book was released on 1940 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book A Study on the Feasibility of a Crop hail Insurance Program in Manitoba

Download or read book A Study on the Feasibility of a Crop hail Insurance Program in Manitoba written by Roger Stephen Chychota and published by . This book was released on 1967 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variations in crop yields cause variations in farm incomes. To help stabilize the income from crop production most Manitoba farmers may insure their crops against unavoidable losses with hail insurance and all-risk crop insurance. The all-risk crop insurance in Manitoba protects against losses due to all unavoidable losses including hail. However, this insurance does not cover to the full value of the insured crops. The coverage is sixty percent of the long-term average yield of the crop in each area. Only crops which yield below the coverage level are indemnified the amount the actual yield is different from the coverage level. Hail damage on crops is in most cases not to the extent that the crop qualifies for indemnity from all-risk crop insurance ... Three alternatives were examined in the study to determine the alternative which would give the best protection against the crop losses due to hail damage and all other unavoidable causes ... The proposed crop-hail insurance program offers separate coverage for hail damage under the all-risk crop insurance program. Some conclusions drawn from the study are: (1) All-risk crop insurance does not apparently offer adequate protection against hail damages. (2) Separate coverage for hail under the all-risk crop insurance is feasible in an area where hail damage is to the extent that the average crop yield is not brought substantially below the all-risk crop insurance coverage level. A program of this type would be feasible in the Russell and Silvercreek Municipalities of Manitoba. (3) A feasible crop-hail insurance program is one which offers better protection to the farmers than any existing formal insurance or any conceivable alternative. It is also a self-sustaining program which may be put into operation by an insurer such as the Manitoba Crop Insurance Corporation, providing that the portion of the yield variability between farms attributable to the risk hail, may be estimated from past records of an all-risk crop insurance program ...

Book Western Journal of Agricultural Economics

Download or read book Western Journal of Agricultural Economics written by and published by . This book was released on 1977 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Canadian Theses

Download or read book Canadian Theses written by National Library of Canada and published by . This book was released on 1975 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Annual Progress Report

Download or read book Annual Progress Report written by and published by . This book was released on 1977 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Annual Progress Review

Download or read book Annual Progress Review written by and published by . This book was released on 1986 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Crop and Livestock Insurance  1941 1948

Download or read book Crop and Livestock Insurance 1941 1948 written by and published by . This book was released on 1949 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Library List

    Book Details:
  • Author : National Agricultural Library (U.S.)
  • Publisher :
  • Release : 1948
  • ISBN :
  • Pages : 1338 pages

Download or read book Library List written by National Agricultural Library (U.S.) and published by . This book was released on 1948 with total page 1338 pages. Available in PDF, EPUB and Kindle. Book excerpt: