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PUBLIC POLICY FOR CATASTROPIDC YIELD RISK: An Alternative Crop Insurance Program

Author

Listed:
  • Barnaby, Glenn Arthur, Jr.
  • Skees, Jerry R.

Abstract

U.S. farmers have for years relied on the financial support of both federally funded crop insurance and direct disaster assistance. Limits on availability of federal funds dictate that programs less costly to the government than disaster programs but more effective than past crop insurance programs be devised. An insurance program that pays according to losses in areas such as a county is one alternative. With such a plan farmers would pay less for protection. Its administrative cost would be less than typical crop insurance programs. Quality county yield data would be required.

Suggested Citation

  • Barnaby, Glenn Arthur, Jr. & Skees, Jerry R., 1990. "PUBLIC POLICY FOR CATASTROPIDC YIELD RISK: An Alternative Crop Insurance Program," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 5(2), pages 1-3.
    • Handle: RePEc:ags:aaeach:131188
    DOI: 10.22004/ag.econ.131188
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    Citations

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    Cited by:

    1. Glauber, Joseph W. & Harwood, Joy L. & Skees, Jerry R., 1993. "An Alternative for Reducing Federal Crop Insurance Program Losses," Agricultural Economic Reports 308267, United States Department of Agriculture, Economic Research Service.
    2. Vandeveer, Monte L., 2001. "Demand for area crop insurance among litchi producers in northern Vietnam," Agricultural Economics, Blackwell, vol. 26(2), pages 173-184, November.
    3. Gonzales, Clemen & Luo, Haiping & Skees, Jerry R. & Marchant, Mary A., 1991. "Combining Longer Series Of Weather And Climate Data With Short Series Of Yield Data To Enhance Information About Yield Risk," Staff Papers 140275, University of Kentucky, Department of Agricultural Economics.
    4. Carriker, Gordon L. & Williams, Jeffery R. & Barnaby, Glenn Arthur, Jr. & Black, J. Roy, 1991. "Yield And Income Risk Reduction Under Alternative Crop Insurance And Disaster Assistance Designs," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(2), pages 1-13, December.
    5. Deng, Xiaohui & Barnett, Barry J. & Hoogenboom, Gerrit & Yu, Yingzhuo & Garcia, Axel, 2006. "Evaluating the Efficiency of Crop Index Insurance Products," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35333, Southern Agricultural Economics Association.
    6. Carriker, Gordon L. & Williams, Jeffery R. & Barnaby, Glenn Arthur, Jr. & Black, J. Roy, 1990. "Risk Reduction Under An Area Yield-Based Crop Insurance Plan for Southcentral Kansas Winter Wheat," Staff Papers 133756, Kansas State University, Department of Agricultural Economics.
    7. Carriker, Gordon L. & Williams, Jeffery R. & Barnaby, Glenn Arthur, Jr. & Black, J. Roy, 1990. "Reduction of Yield and Income Risk Under Alternative Crop Insurance and Disaster Assistance Plans," Staff Papers 118191, Kansas State University, Department of Agricultural Economics.
    8. Yehouenou, Lauriane S. M. & Barnett, Barry J. & Harri, Ardian & Coble, Keith H., 2016. "An Analysis of Factors Affecting Bias and Inefficiency in Area Yield Indexes Based on Aggregated Farm Yields," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230081, Southern Agricultural Economics Association.

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