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Registros recuperados: 6
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Impacts of the SURE Standing Disaster Assistance Program on Producer Risk Management and Crop Insurance Programs AgEcon
Anderson, John D.; Barnett, Barry J.; Coble, Keith H..
This research investigates the potential effects of the row crop provisions of the standing disaster assistance program (SURE) in the 2008 Farm Bill. Results suggest little impact on producer crop insurance purchase decisions, though the program does seem to provide an incentive for mid-level coverage. 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.
Tipo: Conference Paper or Presentation Palavras-chave: Crop insurance; Disaster assistance; Farm Bill; SURE; Agricultural and Food Policy; Farm Management; Risk and Uncertainty; Q12; Q18.
Ano: 2009 URL: http://purl.umn.edu/49304
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The Economics of Nested Insurance: The Case of SURE AgEcon
Cooper, Joseph C.; Sproul, Thomas W.; Zilberman, David.
Traditionally, disaster assistance was available on an ad hoc basis, but the 2008 Farm Act provides a standing disaster assistance program known as Supplemental Revenue Assistance (SURE). This paper introduces a theory of nested insurance to evaluate the impact on of SURE on intensification, acreage and adoption. The results suggest that parameters of a government program like SURE may enhance the adoption and value of crop insurance to the farm sector. A quantitative understanding of the interdependencies between programs like SURE and crop insurance, taking into account the nature of the ad hoc alternative, is important in assessing the welfare impacts on farmers, as well as insurance companies. Both our theory and simulation exercise suggest that...
Tipo: Conference Paper or Presentation Palavras-chave: Nested insurance; SURE; Crops; Adoption; Ad hoc; Disaster assistance; Crop Production/Industries; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/61579
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Weather, Climate, and Agricultural Disaster Payments in the Southeastern U.S. AgEcon
Nadolnyak, Denis A.; Hartarska, Valentina M..
Direct disaster payments have been criticized as inefficient and inequitable. In this article, the impact of weather and climate, as well as economic and political variables, on crop disaster payments is analyzed using county level data from four states in the southeastern United States. The results of panel data analysis suggest that weather and climate variables explain most of the crop disaster payments at the county level while socioeconomic and political variables do not, suggesting that advancements in weather and climate forecasts could be helpful in budgeting.
Tipo: Conference Paper or Presentation Palavras-chave: Disaster assistance; Weather; ENSO; Agricultural and Food Policy; Risk and Uncertainty.
Ano: 2009 URL: http://purl.umn.edu/51802
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Estimating the Costs of Revenue Deficiency Programs AgEcon
Cooper, Joseph C..
This paper develops an approach to empirically demonstrate how the within-season distribution of U.S. domestic commodity support for corn differs between current-style approaches of support and revenue-based support. From a purely economic standpoint, the results show the revenue-based payment scenarios to be preferable at the national level to the uncoordinated forms of support currently in use, even in a situation where the annual mean payments are set equal across the support scenarios. For revenue-based support, the variability around the total expected annual payment is lower, and perhaps more importantly, the probability of high payments is lower. These results suggest advantages to this type of support, both in terms of lower budgetary uncertainty –...
Tipo: Conference Paper or Presentation Palavras-chave: Domestic support; Marketing loan benefits; Counter-cyclical payments; Disaster assistance; Revenue support; Corn; Nonparametric; Semi-nonparametric; Bootstrap; Financial Economics.
Ano: 2007 URL: http://purl.umn.edu/9699
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Economic Aspects of Revenue-Based Commodity Support AgEcon
Cooper, Joseph C..
Interest in revenue-based commodity support is evident in the Food, Conservation and Energy Act of 2008 (the 2008 Farm Bill), which gives eligible producers the option of participating in the Average Crop Revenue Election (ACRE) program in return for reductions and eliminations of payments under more traditional programs. This report examines how the uncertainty in U.S. domestic commodity support payments for corn may differ between traditional-style approaches (defined as price-based payments plus yield-based disaster payments) to support and two revenue-based support scenarios. Variability around the total expected annual payment was found to be lower under revenue-based support, as was the probability of high payments. These results suggest potential...
Tipo: Report Palavras-chave: Domestic commodity support; Revenue-based support; Marketing loan benefits; Countercyclical payments; Disaster assistance; Federal crop insurance; Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/55838
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The SURE Program and Its Interaction with Other Federal Farm Programs AgEcon
Ubilava, David; Barnett, Barry J.; Coble, Keith H.; Harri, Ardian.
We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.
Tipo: Article Palavras-chave: Crop insurance; Disaster assistance; Farm bill; SURE; Agricultural and Food Policy; Farm Management; Public Economics; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/119184
Registros recuperados: 6
Primeira ... 1 ... Última
 

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