Download or read book The Political Economy of a Crop Insurance Experiment written by Jerry Robert Skees and published by . This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Crop Insurance in a Political Economy written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lawmakers often subsidize farmers in times of financial distress. This article models this political impulse as a constraint on government farm policy, describing how ex ante government farm insurance can deter ex post“disaster relief” and improve production incentives by countering the moral hazard that otherwise prevails. Absent ex ante government policy, ex post relief takes the form of revenue insurance, which prompts excessive entry into farm production and under-production by operating farmers. Ex ante government policy can raise economic and political welfare by buying out low productivity farmers and offering profitable farmers a combination of revenue insurance, price supports, and a program participation fee.
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.
Download or read book Political Economy of a Crop Insurance Experiment W I Myers Memorial Lecture October 14 1993 written by Cornell University. College of Agriculture and Life Sciences. Dept. of Agricultural, Resource and Managerial Economics and published by . This book was released on 1993 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Plowshares Pork Barrels written by E.C. Pasour, Jr. and published by Independent Institute. This book was released on 2014-10-01 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural subsidies in grains, cotton, milk, sugar, tobacco, honey, wool, and peanuts are analyzed in this examination of U.S. farm policy. Looking at such programs as food stamps, crop insurance, subsidized credit, trade credit, trade subsidies and import restrictions, conservation, agricultural research, and taxation, this historical perspective argues that these subsidies ultimately redistribute wealth to powerful agricultural interests who use their political clout to advance their economic interests at the expense of the general public. This analysis of government farm programs will appeal to professors and students who study agriculture; people affected by government farm policies; public officials, and businesses affected by agricultural policy such as those in food service, retail, and distribution.
Download or read book Agricultural Productivity and Producer Behavior written by Wolfram Schlenker and published by University of Chicago Press. This book was released on 2019-11-13 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether agricultural productivity growth has been, and will be, associated with significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.
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.
Download or read book Economic Considerations in Crop Insurance written by Warren R. Bailey and published by . This book was released on 1970 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Plowshares and Pork Barrels written by E. C. Pasour and published by Independent Studies in Politic. This book was released on 2005 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural subsidies in grains, cotton, milk, sugar, tobacco, honey, wool, and peanuts are analyzed in this examination of U.S. farm policy. Looking at such programs as food stamps, crop insurance, subsidized credit, trade credit, trade subsidies and import restrictions, conservation, agricultural research, and taxation, this historical perspective argues that these subsidies ultimately redistribute wealth to powerful agricultural interests who use their political clout to advance their economic interests at the expense of the general public. This analysis of government farm programs will appeal to professors and students who study agriculture; people affected by government farm policies; public officials, and businesses affected by agricultural policy such as those in food service, retail, and distribution.
Download or read book Economic Justification for Certain Salient Provisions of the Regulations Application and Policy for Wheat Crop Insurance written by William Hobson Rowe and published by . This book was released on 1938 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is there a market for multi peril crop insurance in developing countries moving beyond subsidies Evidence from India written by Ghosh, Ranjan Kumar and published by Intl Food Policy Res Inst. This book was released on 2019-03-29 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers and policymakers have long understood the benefits of crop insurance but have been consistently disappointed by the poor performance of these programs. Rarely have programs seen sizeable take-up rates without support through large government subsidies, and in many countries, demand has been meager even at prices well below fair-market rates. Experiences from India have largely followed this trend, despite a number of large policy initiatives. Limited demand stems from low perceived value, arguably because the existing insurance products are unsuited to farmers’ needs. The present study fills an important gap in rural development by improving upon existing insurance policy design by incorporating product characteristics better suited to farmers’ preferences. To do so, we conducted a discrete choice experiment with agricultural households in four states in India. While farmers seem to like several of the features of policies offered under existing programs, our results suggest they would generally be willing to pay more than the highly subsidized rate they currently pay and are also clearly dissatisfied with delayed and uncertain indemnity payments and would be willing to pay a significant premium for more assured and timely payment delivery.
Download or read book The Economic Impact of Public Support to Agriculture written by Virgil Ball and published by Springer Science & Business Media. This book was released on 2010-07-27 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite a gradual and sustained decline in the contribution of agriculture to the economies of the member countries of the Organization for Economic Cooperation and Development (OECD), the sector remains socially and politically important. Although agriculture accounts for less than 2% of the gross domestic product of the OECD countries, it occupies over 35% of their total land area. Predominantly rural regions, where agriculture remains particularly important, contain almost one quarter of the population of OECD countries. The past quarter century has witnessed signi?cant changes in agricultural po- cies in OECD countries. Although total support remains high, a shift has taken place from price-linked measures to direct income support, most notably in the European Union. Policies have been adapted to meet pressing social concerns, such as ens- ing food security and improving environmental quality. OECD countries face major economic issues due to the ageing of their populations and the need to adapt to gl- alization and increasing competition from emerging economies. Continued pressure to reform agricultural policies will be exerted by the need to economize on the use of scarce public resources. At the same time, agriculture faces new challenges g- erated by climate change, the “greening” of the economy, increasing scarcity of energy and water, and the demands placed on the food system by an expanding world population.
Download or read book The Economics of Risk written by Donald J. Meyer and published by W.E. Upjohn Institute. This book was released on 2003 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This book contains a collection of papers that address various aspects of risk, including riskmanagement and how it is applied to decisionmaking and the impact of risk on markets
Download or read book The Intended and Unintended Effects of U S Agricultural and Biotechnology Policies written by Joshua S. Graff Zivin and published by University of Chicago Press. This book was released on 2012-03-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.
Download or read book Agricultural Economics Bibliography written by United States. Bureau of Agricultural Economics. Library and published by . This book was released on 1936 with total page 1034 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agriculture and the State written by E. C. Pasour and published by Holmes & Meier Publishers. This book was released on 1990 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the effects of farm policies and shows how they are responsible for the high and rising cost of food and the ruin of the small farmer.
Download or read book Agricultural Policy in the United States written by James L. Novak and published by Routledge. This book was released on 2015-02-20 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural Policy in the US: Evolution and Economics traces the foundation of US agricultural policy from its colonial roots to the present, using economic concepts to analyze and interpret political and economic consequences. Ancient Roman food and agricultural reform, English Corn Law and other historic examples of agricultural policies are included to show that agricultural policy has a long history and has been found necessary for governance throughout history. Processes employed to develop US agricultural policies, the structure and function of government that develops and implements agricultural policy, and the specific evolution of policy from the early twentieth century to the Agricultural Act of 2014 are included. Specific policies in past farm bills are detailed in order to track their evolution and economic effects. This textbook includes arguments for and against common tools of US agricultural policy. This debate continues today and can be seen in a gradual change over time from taxes and tariffs to risk management. Information presented does not attempt to influence the readership towards a pro or con position but rather to present information to help the readers to understand the issues related to agricultural policy in the US.
