Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Efficiency Costs of Subsidy Rules for Crop Insurance
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Autores: |
Wang, H. Holly
Hanson, Steven D.
Black, J. Roy
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Data: |
2006-09-21
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Ano: |
2003
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Palavras-chave: |
Crop insurance
Futures
Risk management
Subsidy
Risk and Uncertainty
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Resumo: |
Participation in federal crop insurance programs has been encouraged through premium subsidies. The current subsidy depends on contract features as well as coverage levels. This type of subsidy rule causes farmers to choose contract designs and coverages that are not efficient for managing risk, in order to capture subsidy. Farmers are found to be as well off with a flat subsidy that is up to 25% less than the value of the current regressive proportional subsidy.
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Tipo: |
Journal Article
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Idioma: |
Inglês
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Identificador: |
23721
http://purl.umn.edu/30717
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Editor: |
AgEcon Search
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Relação: |
Journal of Agricultural and Resource Economics>Volume 28, Number 01, April 2003
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Formato: |
22
application/pdf
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