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Registros recuperados: 4
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Impacts of the SURE Standing Disaster Assistance Program on Producer Risk Management and Crop Insurance Programs AgEcon
Anderson, John D.; Barnett, Barry J.; Coble, Keith H..
This research investigates the potential effects of the row crop provisions of the standing disaster assistance program (SURE) in the 2008 Farm Bill. Results suggest little impact on producer crop insurance purchase decisions, though the program does seem to provide an incentive for mid-level coverage. Payments under the program should be expected to differ considerably across geographic regions and levels of diversification, with the program providing the greatest benefit to undiversified producers in more risky production regions.
Tipo: Conference Paper or Presentation Palavras-chave: Crop insurance; Disaster assistance; Farm Bill; SURE; Agricultural and Food Policy; Farm Management; Risk and Uncertainty; Q12; Q18.
Ano: 2009 URL: http://purl.umn.edu/49304
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The Economics of Nested Insurance: The Case of SURE AgEcon
Cooper, Joseph C.; Sproul, Thomas W.; Zilberman, David.
Traditionally, disaster assistance was available on an ad hoc basis, but the 2008 Farm Act provides a standing disaster assistance program known as Supplemental Revenue Assistance (SURE). This paper introduces a theory of nested insurance to evaluate the impact on of SURE on intensification, acreage and adoption. The results suggest that parameters of a government program like SURE may enhance the adoption and value of crop insurance to the farm sector. A quantitative understanding of the interdependencies between programs like SURE and crop insurance, taking into account the nature of the ad hoc alternative, is important in assessing the welfare impacts on farmers, as well as insurance companies. Both our theory and simulation exercise suggest that...
Tipo: Conference Paper or Presentation Palavras-chave: Nested insurance; SURE; Crops; Adoption; Ad hoc; Disaster assistance; Crop Production/Industries; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/61579
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Impact on the SURE Program on North Dakota Farms AgEcon
Taylor, Richard D.; Koo, Won W..
Agricultural producer groups have stressed for years the need for a disaster title in the farm bill. In the 2008 Farm Bill, the Supplemental Revenue Assistance Program (SURE) was included to address that need. Previously, producers had to convince Washington to fund ad hoc and emergency disaster declarations in times of low crop returns. This study reviews the SURE program and estimates the effectiveness of the program for North Dakota farmers. The SURE program replaces disaster funding; however it also probably prevents additional assistance under extra ordinary conditions.
Tipo: Report Palavras-chave: SURE; Supplemental Revenue Assistance Program; 2008 Farm Bill; Net farm income; North Dakota Representative Farm Model; Disaster funding; Agricultural Finance; Farm Management; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/46892
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The SURE Program and Its Interaction with Other Federal Farm Programs AgEcon
Ubilava, David; Barnett, Barry J.; Coble, Keith H.; Harri, Ardian.
We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.
Tipo: Article Palavras-chave: Crop insurance; Disaster assistance; Farm bill; SURE; Agricultural and Food Policy; Farm Management; Public Economics; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/119184
Registros recuperados: 4
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