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| Cabas, Juan H.; Leiva, Akssell J.; Weersink, Alfons. |
| This paper examines the factors influencing farmer participation in crop insurance schemes, but unlike previous studies that focus on total demand, participation is disaggregated into entrants and those exiting. Modeling entry and exit decisions separately illustrates that the effect of a given variable is often muted by aggregation. In addition, the approach in this paper distinguishes between price and yield variables rather than total returns and is consequently able to demonstrate that price variables are particularly important for farmers considering enrolling in crop insurance, while yield variables and other risk management opportunities are more important for farmers who have been in the program but are deciding to exit. The result suggests that... |
| Tipo: Journal Article |
Palavras-chave: Crop insurance; Entry and exit; Panel data; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/44741 |
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