The biological nature of agricultural production processes induce a higher degree of uncertainty surrounding the economic performance of farm enterprises. This has contributed to the development and acceptance of forms of public intervention aimed at reducing income variability that have no parallel in other sectors of the economy. In particular, subsidized crop insurance are a widely used tool. The impact of these programs on the decisions of production generates effects on input use, land use and thus, indirectly, environmental outcomes. The importance of this issue has grown in parallel with the growth in importance of the collective role of agriculture sector that has addressed the recent guidelines adopted by many developed countries. To examine the... |