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| Carriker, Gordon L.; Williams, Jeffery R.; Barnaby, Glenn Arthur, Jr.; Black, J. Roy. |
| This study compares the effectiveness of five crop insurance/disaster assistance plans: an individual farm-yield insurance plan similar to the current Federal Crop Insurance Corporation multiperil program, two area-yield insurance plans, a farm-yield disaster assistance plan, and an area-yield disaster assistance plan. These methods are examined for reduction in yield and gross income variability with and without participation in the government deficiency payment program using farm-level yield data from 98 dryland wheat farms and 38 dryland corn farms in Kansas. Although individual farm-yield insurance is complex, suffers from moral hazard and adverse selection problems, and is likely to be the most expensive to administer, it provides more yield and gross... |
| Tipo: Journal Article |
Palavras-chave: Risk and Uncertainty. |
| Ano: 1991 |
URL: http://purl.umn.edu/32588 |
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| Pendell, Dustin L.; Perry, William R.; Williams, Jeffery R.; Barnaby, Glenn Arthur, Jr.; Lubben, Bradley D.. |
| The purpose of this report is to provide a revised version of the publication, "Mathematical Formulas for Calculating Net Returns from Participation in Government Commodity Programs including Marketing Loans" (Williams and Barnaby, 1994). The change in design of the government commodity programs and development of several crop insurance alternatives has been significant since the previous paper was published. The formulas for calculating net returns incorporate provisions from the Farm Security and Rural Investment Act of 2002 and several crop insurance designs developed in the 1990s. Individuals conducting research or education programs will be able to use this revision for reference when estimating net returns for producers under current commodity... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance. |
| Ano: 2003 |
URL: http://purl.umn.edu/30711 |
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