dollar net premium vary across insurance plans, coverage levels, and regions. The results indicate that corn producers in riskier regions are more sensitive to premium changes for crop insurance. However, the heterogeneity of demand was overlooked in the majority of existing insurance demand studies,...
Although the demand for corn insurance is price-inelastic, the elasticities of demand with respect to per dollar net premium vary significantly among coverage levels, insurance plans, and regions. The elasticities of demand for corn yield insurance (APH) with respect to per dollar net premium are...
farmers' awareness of the importance of rice crop insurance all have significant negative effects on farmers' willingness to pay for rice crop insurance.Furthermore,it is found that under 75% and 80% levels of insurance coverage with $400/mu of loss compensation;the paddy planted farmers' ...
Probabilities of collecting peanut crop insurance for different coverage levels (50%-75%) and different planting dates (April 16 June 12) were evaluated for the three counties. Probabilities of collecting insurance varied from 9.9% for peanut planted in May 8 in Henry County (AL) at 50%...
Evaluation of risk reductions associated with multi‐peril crop insurance products This research examines risk-return tradeoffs across a full range of crop insurance products and coverage levels. Results indicate that farm-level products ... GD Schnitkey,BJ Sherrick,SH Irwin - 《Agricultural Finance ...
To the extent that producers may respond to changing premiums by altering their coverage levels (and thus lowering liability), equating participation to demand may downwardly bias parameter and elasticity estimates. This down- ward bias was confirmed in my study. Only when all insurance purchases ...
cropinsurancesubsidieshaveincreasedthedemandforinsuranceatcoveragelevelshigherthanthetraditionallevelof65percent.PremiumratesforhigherlevelsofyieldinsuranceundertheFederalActualProductionHistory(APH)programequalthepremiumrateatthe 65 percent coverage level multiplied by a rate relativity factor that varies by coverage ...
to be prepared for crop insurance audits as crop insurance claims are expected to increase in 2012 due to the drought and reduced yields in crops. Factors including crop yields, insurance coverage levels and types of policies purchased by producers will determine claims. Example shows the type ...
Time to Revisit Crop Insurance Premium Subsidies? Not surprisingly, farmers responded to these lower costs by moving to more expensive revenue insurance policies and higher coverage levels. This response is ... BA Babcock - 《Center for Agricultural & Rural Development Publications》 被引量: 21发表...
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