Research Catalog

Economics of agricultural crop insurance : theory and evidence

Title: Economics of agricultural crop insurance : theory and evidence / edited by Darrell L. Hueth, William H. Furtan.
Publication: Boston : Kluwer, [1994], ©1994.

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Status	Format	Access	Call Number	Item Location
Request for On-site Use Request Scan How do I pick up this item and when will it be ready?	Text	Request in advance	HG9968 .E27 1994	Off-site

Additional Authors

Description

xiv, 380 pages : illustrations; 23 cm.

Summary

Government subsidized crop insurance has been used by a number of developed countries as a mechanism to reduce farm income instability by reducing yield risks. Economics of Agricultural Crop Insurance: Theory and Evidence provides an in-depth analysis and evaluation of government provided crop insurance in developed countries.
The book is organized into three sections. Part one presents background material on crop insurance programs in the U.S., Canada and selected other countries. Part two provides some analytical models of multiple peril crop insurance which suggest the possibility of modification of design which could improve performance and which explores theoretical linkages between crop insurance decisions and other producer decisions previously not analyzed.
The main part of the book is part three where the results of a series of empirical studies using data bases particularly designed to answer crop insurance related questions are presented. This part of the book tests a number of the hypotheses which were raised in parts one and two regarding reasons for the widely held view by economists that crop insurance has not functioned well.

Series Statement

Natural resource management and policy

Uniform Title

Natural resource management and policy.

Subject

Note

Contents

I. Historical Perspectives and Overall Performance. 2. Crop Insurance in U.S. Farm Policy / Bruce Gardner. 3. An Aggregate Analysis of Canadian Crop Insurance Policy / Dale Sigurdson and Rickie Sin. 4. All-Risk Crop Insurance: Lessons From Theory and Experience / Brian D. Wright and Julie A. Hewitt -- II. Conceptual Issues. 5. The Optimal Design of Crop Insurance / John Quiggin. 6. Agricultural Insurance, Production and the Environment / Robert Innes and Sergio Ardila. 7. Crop Insurance in the Context of Canadian and U.S. Farm Programs / Andrew Schmitz, Richard E. Just and Hartley Furtan -- III. Applications and Policy Studies. 8. An Empirical Analysis of U.S. Participation in Crop Insurance / Richard Just and Linda Calvin. 9. Crop Insurance and Crop Production: An Empirical Study of Moral Hazard and Adverse Selection / John Quiggin, Giannis Karagiannis and Julie Stanton. 10. Crop Insurance Decisions and Financial Characteristics of Farms / Howard Leathers.
11. Risk Reduction from Diversification and Crop Insurance in Saskatchewan / R. A. Schoney, J. S. Taylor and Keith Hayward. 12. Crop Insurance and Agricultural Chemical Use / John Horowitz and Erik Lichtenberg. 13. Land Use Issues - Crop Insurance: Its Influence on Land and Input Use Decisions in Saskatchewan / Ward Weisensel, W. Hartley Furtan and Andy Schmitz. 14. Providing Catastrophic Yield Protection Through a Targeted Revenue Program / Joseph Glauber and Mario Miranda.

ISBN

0792394356 (acid-free paper)

LCCN

93047214

OCLC

Owning Institutions

Columbia University Libraries