|
|
|
Registros recuperados: 65 | |
|
|
Anderson, John D.; Barnett, Barry J.; Coble, Keith H.. |
This research investigates the potential effects of the standing disaster assistance program proposed in the Senate version of the 2008 Farm Bill. Results suggest no significant impact on producer crop insurance purchase decisions. Payments under the program should be expected to differ considerably across geographic regions and levels of diversification, with the program providing the greatest benefit to undiversified producers in more risky production regions (e.g., the Southern Plains). |
Tipo: Conference Paper or Presentation |
|
Ano: 2008 |
URL: http://purl.umn.edu/48102 |
| |
|
|
Coble, Keith H.; Knight, Thomas O.; Patrick, George F.; Baquet, Alan E.. |
Changes in the risk environment and tools available to manage risk have resulted in an increased need for risk management skills among farmers and ranchers. In response the USDA initiated a risk management education competitive grants program in the spring of 1998. This is the first report from one of the grant-funded projects. The project's primary objective is to provide supporting research that will contribute to the design and implementation of effective risk management education programs, policies and tools. This report provides selected summary statistics, without analysis, from a survey of crop producers conducted as part of the first phase of the project. Over 1,800 usable producer responses from Mississippi, Texas, Indiana, and Nebraska are... |
Tipo: Working or Discussion Paper |
Palavras-chave: Risk Insurance Marketing Policy; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/15805 |
| |
|
|
Harwood, Joy L.; Heifner, Richard G.; Coble, Keith H.; Perry, Janet E.; Somwaru, Agapi. |
The risks confronted by grain and cotton farmers are of particular interest, given the changing role of the Government after passage of the 1996 Farm Act. With the shift toward less government intervention in the post-1996 Farm Act environment, a more sophisticated understanding of risk and risk management is important to help producers make better decisions in risky situations and to assist policymakers in assessing the effectiveness of different types of risk protection tools. In response, this report provides a rigorous, yet accessible, description of risk and risk management tools and strategies at the farm level. It also provides never-before-published data on farmers' assessments of the risks they face, their use of alternative risk management... |
Tipo: Report |
Palavras-chave: Crop insurance; Diversification; Futures contracts; Leasing; Leveraging; Liquidity; Livestock insurance; Marketing contracts; Options contracts; Production contracts; Revenue insurance; Risk; Vertical integration; Farm Management; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/34081 |
| |
|
|
Liang, Yan; Miller, J. Corey; Harri, Ardian; Coble, Keith H.. |
In this paper we consider factors that affect both crop prices and yields in order to examine supply responses of major crops in the Southeast. Due to the variable nature of crop production in the Southeast, previous studies that ignore price and yield risk may fail to capture one of the salient features of the region’s agriculture. Our results indicate supply elasticity values for corn, cotton, and soybeans of approximately 0.670, 0.506, and 0.195, respectively. Compared with the results of studies in other regions, corn and cotton acres respond more to price changes and soybean acres respond less to price changes. |
Tipo: Journal Article |
Palavras-chave: Acreage supply; Crop supply response model; Risk analysis; Southeast U.S. agriculture; Crop Production/Industries; Production Economics; Q12; Q13; Q16. |
Ano: 2011 |
URL: http://purl.umn.edu/104615 |
| |
|
| |
|
|
Coble, Keith H.. |
Legislatively mandated declines in government program payments have coincided with sharp declines in most major crop commodity prices. Thus, a debate has begun about the direction of future farm policy. The debate has been largely expressed in terms of a "safety net" for producers. This paper address several economic issues associated with proposals to enhance the agricultural "safety net." The case is made that crop insurance reform cannot satisfy the desire for above-market price supports. Characteristics required for an insurable risk are discussed, as are the interactions between public and private risk-management tools. |
Tipo: Journal Article |
Palavras-chave: Agricultural policy; Crop insurance; Risk; Agricultural and Food Policy; Risk and Uncertainty. |
Ano: 2000 |
URL: http://purl.umn.edu/14704 |
| |
|
| |
|
|
Goodwin, Barry K.; Roberts, Matthew C.; Coble, Keith H.. |
A variety of crop revenue insurance programs have recently been introduced. A critical component of revenue insurance contracts is quantifying the risk associated with stochastic prices. Forward-looking, market-based measures of price risk which are often available in form of options premia are preferable. Because such measures are not available for every crop, some current revenue insurance programs alternatively utilize historical price data to construct measures of price risk. This study evaluates the distributional implications of alternative methods for estimating price risk and deriving insurance premium rates. A variety of specification tests are employed to evaluate distributional assumptions. Conditional heteroskedasticity models are used to... |
Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
Ano: 2000 |
URL: http://purl.umn.edu/30830 |
| |
|
| |
|
|
Murova, Olga I.; Coble, Keith H.; Trueblood, Michael A.. |
This study explores the impact of technical inefficiency on agricultural supply functions in Ukraine. Two models using a system of output supply and input demand equations were evaluated in this research: one without inefficiency included in the model and another with inefficiency included. A likelihood ratio test found that the model with inefficiency included was the preferred model in this case. Incorporation of inefficiency into the model increased output supply elasticities and did not dramatically change input demand elasticities. The own-price elasticities for grains, sugar beets, sunflowers, and potatoes showed inelastic positive signs that were statistically significant. The own-price input demands were negative and also inelastic; however,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
Ano: 2001 |
URL: http://purl.umn.edu/20539 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Barnett, Barry J.; Coble, Keith H.. |
Federal policy-makers increasingly emphasize the Federal Crop Insurance Program as the primary federal risk management program for farmers. Farm leaders need to understand the underlying mechanics of insurance products if they are to effectively argue their interests and contribute constructively to future agricultural policy dialogue. Further they need to understand the unique circumstances created by the fact that the Federal Crop Insurance program functions as a public-private partnership between the U.S. government and private insurance companies. This manuscript describes both the fundamental features of insurance products and the political economy of the federal crop insurance program. |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop insurance; Revenue insurance; Insurability criteria; Risk and Uncertainty. |
Ano: 1999 |
URL: http://purl.umn.edu/15784 |
| |
|
| |
|
|
Coble, Keith H.; Dismukes, Robert; Thomas, Sarah E.. |
Revenue variability at different levels of aggregation has been the focus of several proposals to reform U.S. commodity programs with the 2007 farm bill. In this paper, we estimate revenue variabilityyear-to-year deviations from expected revenuefor corn, soybeans, and cotton at four levels of aggregation: national, state, county and farm. We examine the factors that cause revenue variability and how differences across crops and regions would affect producers risks. We find that national-level revenue variability is nearly double national-level yield variability. Spatial disaggregation increases price and yield variability, but yield variability increases more rapidly than price and revenue variability. A hypothetical national-level revenue... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2007 |
URL: http://purl.umn.edu/9759 |
| |
|
|
Ker, Alan P.; Coble, Keith H.. |
For multiple peril crop insurance, the U.S. Department of Agriculture's Risk Management Agency estimates the premium rate for a base coverage level and then uses multiplicative adjustment factors to recover rates at other coverage levels. Given this methodology, accurate estimation of the base coverage level from 65% to 50%. The purpose of this analysis was to provide some insight into whether such a change should or should not be carried out. Not surprisingly, our findings indicate that the higher coverage level should be maintained as the base. |
Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
Ano: 1998 |
URL: http://purl.umn.edu/31189 |
| |
Registros recuperados: 65 | |
|
|
|