Data/hora: 11/06/2024 15:45:29

Provedor de dados: | 31
País: | United States
Título: | Evaluating Crop and Revenue Insurance Products as Risk Management Tools for Texas Cotton Producers
Autores: | Field,   James E.; Misra,   Sukant K.; Ramirez,   Octavio A.
Data: | 2008-06-19
Ano: | 2003
Palavras-chave: | Cotton; Crop insurance; Multivariate nonnormal parametric modeling; Stochastic dominance; C5; Q1.
Resumo: | This paper develops and illustrates the application of a procedure to evaluate and compare the cost effectiveness of alternative crop insurance products for cotton in terms of their effect on expected producer net returns and the variation of net returns.  Farm unit-level cotton yields and state-level price distributions are estimated by a multivariate nonnormal parametric modeling procedure and used to simulate the net returns to alternative crop insurance products over a 10-year planning horizon.  The ranking of alternative insurance products using third-degree stochastic dominance is presented for Texas cotton producers.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/37314
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 35, Number 01, April 2003
Formato: | 14