Implications of Integrated Commodity Programs and Crop Insurance
| Autor: | Barry J. Barnett, Keith H. Coble |
|---|---|
| Rok vydání: | 2008 |
| Předmět: |
Finance
Crop insurance Economics and Econometrics Government Public economics business.industry Public policy Private sector Agricultural and Biological Sciences (miscellaneous) commodity programs revenue insurance systemic risk Agribusiness Crop Production/Industries Productivity Analysis D81 G22 Q18 Commodity programs Systemic risk Economics Revenue business Agribusiness |
| Zdroj: | Journal of Agricultural and Applied Economics. 40:431-442 |
| ISSN: | 2056-7405 1074-0708 |
| DOI: | 10.1017/s1074070800023725 |
| Popis: | Moving from price-triggered to area revenue–triggered programs was perhaps the most common theme among 2007 farm bill proposals. Area revenue–triggered commodity programs may make farm-level revenue insurance products seem redundant, raising questions about why the federal government should continue both programs. Area revenue–triggered programs would remove much of the systemic risk faced by producers. As a result, private sector insurers may be able to insure the residual risk without federal involvement. This paper examines the effects of moving to area revenue–triggered commodity programs with a focus on public policy issues that would likely arise. |
| Databáze: | OpenAIRE |
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