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Shaik, Saleem; Coble, Keith H.; Hudson, Darren; Miller, James C.; Hanson, Terrill R.; Sempier, Stephen H.. |
Using trout producer survey data and the contingent valuation method, we estimate willing-ness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using standard willingness-to-pay techniques, we assess the premium rate that producers with varying practices and regions are willing to pay for two different cov-erage levels of insurance. In general, trout producers appear willing to pay premium rates of 2 to 11 percent for these coverage levels. |
Tipo: Journal Article |
Palavras-chave: Willingness to pay; Subjective elicitation and survey data; Aquaculture trout insurance; Livestock Production/Industries; Risk and Uncertainty. |
Ano: 2008 |
URL: http://purl.umn.edu/44737 |
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Miller, James C.; Coble, Keith H.. |
The term "cheap food policy" has frequently been used as a descriptor for U.S. commodity programs by those who contend these payments to farmers ultimately result in lower food costs for consumers. More recently, farm policy has been criticized for contributing to the obesity problem in the U.S. by making large quantities of fattening foods widely available and relatively inexpensive. This paper econometrically evaluates the impact of direct government payments to farmers from 1960-1999 on the proportion of disposable income consumers spend on food. The model finds the payments do not significantly affect the affordability of food. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/19310 |
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