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	Provedor de dados AgEcon (2) Autor Adhikari, Shyam (2) Belasco, Eric J. (2) Knight, Thomas O. (2) Palavra-chave Actual Production History (2) Crop Insurance (2) Production Economics (2) Risk and Uncertainty (2) Yield Guarantee (2) Sampling Error (1) Yield Trend (1) Mais... Tipo do documento Conference Paper or Presentation (2) Ano 2011 (1) 2010 (1) País United States (2) Idioma Inglês (2)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 2 Primeira ... 1 ... Última YIELD GUARANTEES AND THE PRODUCER WELFARE BENEFITS OF CROP INSURANCE AgEcon Adhikari, Shyam; Knight, Thomas O.; Belasco, Eric J.. Crop yield and revenue insurance products with coverage based on actual production history (APH) yields dominate the U.S. Federal Crop Insurance Program. The APH yield, which plays a critical role in determining the coverage offered to producers, is based on a small sample of historical yields for the insured unit. The properties of this yield measure are critical in determining the value of the insurance to producers. Sampling error in APH yields has the potential to lead to over-insurance in some years and under-insurance in other years. Premiums, which are in part determined by the ratio of the APH yield to the county reference yield, are also affected by variations in APH yields. Congress has enacted two measures, yield substitution and yield floors,... Tipo: Conference Paper or Presentation Palavras-chave: Actual Production History; Crop Insurance; Sampling Error; Yield Guarantee; Production Economics; Risk and Uncertainty. Ano: 2010 URL: http://purl.umn.edu/61476 Evaluation of Crop Insurance Yield Guarantees and Producer Welfare with Upward Trending Yields AgEcon Adhikari, Shyam; Knight, Thomas O.; Belasco, Eric J.. Actual Production History (APH) yields play a critical role in determining the coverage offered to producers by the Risk Management Agency’s (RMA) Yield Protection, Revenue Protection, and Revenue Protection-Harvest Price Exclusion crop insurance products. The RMA currently uses the simple average of from 4 to 10 years of historical yields to determine the APH yield guarantee. If crop yields are trending upward, use of a simple average of historical yields introduces bias into the insurance offering. Using both county and individual insured unit data, we examine the producer impact of APH yield trends for Texas cotton and Illinois corn. Our findings indicate that biases due to using simple average APH yields when yields are trending upward reduce the... Tipo: Conference Paper or Presentation Palavras-chave: Actual Production History; Crop Insurance; Yield Trend; Yield Guarantee; Production Economics; Risk and Uncertainty. Ano: 2011 URL: http://purl.umn.edu/98855 Registros recuperados: 2 Primeira ... 1 ... Última

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