IDEAS home Printed from https://ideas.repec.org/a/ags/jlaare/303607.html
   My bibliography  Save this article

Design of the Rainfall Index Crop Insurance Program for Pasture, Rangeland, and Forage

Author

Listed:
  • Cho, Whoi
  • Brorsen, B. Wade

Abstract

No abstract is available for this item.

Suggested Citation

  • Cho, Whoi & Brorsen, B. Wade, 2021. "Design of the Rainfall Index Crop Insurance Program for Pasture, Rangeland, and Forage," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 46(01), January.
    • Handle: RePEc:ags:jlaare:303607
    DOI: 10.22004/ag.econ.303607
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/303607/files/JARE46.1Cho85-100.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.303607?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Park, Eunchun & Harri, Ardian & Coble, Keith, 2019. "How to Estimate Crop Yield Densities of Counties with Missing Data," SCC-76 Meeting, 2019, April 4-6, Kansas City, Missouri 288097, SCC-76: Economics and Management of Risk in Agriculture and Natural Resources.
    2. Ashlee Westerhold & Cory Walters & Kathleen Brooks & Monte Vandeveer & Jerry Volesky & Walter Schacht, 2018. "Risk implications from the selection of rainfall index insurance intervals," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 78(5), pages 514-531, May.
    3. Pan, Qianyao & Sumner, Dan & Yu, Jisang, 2019. "Profitability of and Choice to Enroll in the Pasture, Rangeland and Forage Rainfall Index Insurance Program," SCC-76 Meeting, 2019, April 4-6, Kansas City, Missouri 288103, SCC-76: Economics and Management of Risk in Agriculture and Natural Resources.
    4. Andrew M. Parker & Wändi Bruine de Bruin & Baruch Fischhoff, 2007. "Maximizers versus satisficers: Decision-making styles, competence, and outcomes," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 2, pages 342-350, December.
    5. Eunchun Park & B Wade Brorsen & Ardian Harri, 2019. "Using Bayesian Kriging for Spatial Smoothing in Crop Insurance Rating," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(1), pages 330-351.
    6. Michael T. Norton, 2013. "Quantifying spatial basis risk for weather index insurance," Journal of Risk Finance, Emerald Group Publishing, vol. 14(1), pages 20-34, February.
    7. Michael T. Norton & Calum Turvey & Daniel Osgood, 2012. "Quantifying spatial basis risk for weather index insurance," Journal of Risk Finance, Emerald Group Publishing, vol. 14(1), pages 20-34, December.
    8. Gunnar Breustedt & Raushan Bokusheva & Olaf Heidelbach, 2008. "Evaluating the Potential of Index Insurance Schemes to Reduce Crop Yield Risk in an Arid Region," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(2), pages 312-328, June.
    9. repec:cup:judgdm:v:2:y:2007:i::p:342-350 is not listed on IDEAS
    10. Park, Eunchun & Brorsen, B. Wade & Harri, Ardian, 2020. "Spatially Smoothed Crop Yield Density Estimation: Physical Distance versus Climate Similarity," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 45(3), September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yikuan Chen & B. Wade Brorsen & Jon T. Biermacher & Mykel Taylor, 2022. "Spatially varying wheat protein premiums," Letters in Spatial and Resource Sciences, Springer, vol. 15(3), pages 587-598, December.
    2. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    3. Goodrich, Brittney K. & Davidson, Kelly A., . "Enrollment in Pasture, Rangeland, and Forage Rainfall Index Insurance: Awareness Matters," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(2).
    4. Collins, Wilson, 2022. "Potential Changes To Improve The Pasture, Rangeland, Forage Insurance Program," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322574, Agricultural and Applied Economics Association.
    5. Marin Elisabeth Skidmore, 2023. "Outsourcing the dry season: Cattle ranchers' responses to weather shocks in the Brazilian Amazon," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 409-433, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jensen, Nathaniel D. & Barrett, Christopher B. & Mude, Andrew G., 2014. "Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya," MPRA Paper 59153, University Library of Munich, Germany.
    2. Vroege, Willemijn & Dalhaus, Tobias & Finger, Robert, 2019. "Index insurances for grasslands – A review for Europe and North-America," Agricultural Systems, Elsevier, vol. 168(C), pages 101-111.
    3. Mengmeng Qiang & Manhong Shen & Guanjun Xia, 2023. "The effectiveness of weather index insurance in managing mariculture production risk," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(2), pages 245-262, April.
    4. Park, Eunchun & Harri, Ardian & Coble, Keith H., 2022. "Estimating Crop Yield Densities for Counties with Missing Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(3), September.
    5. Antoine Leblois & Philippe Quirion & Benjamin Sultan, 2013. "Price vs. weather shock hedging for cash crops: ex ante evaluation for cotton producers in Cameroon," Working Papers hal-00796528, HAL.
    6. Huo, Ran & Octavio, Ramirez, 2017. "Basis risk and welfare effect of weather index insurance for smallholders in China," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252816, Southern Agricultural Economics Association.
    7. Sibiko, Kenneth W. & Veettil, Prakashan C. & Qaim, Matin, 2016. "Small Farmers’ Preferences for Weather Index Insurance: Insights from Kenya," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246399, African Association of Agricultural Economists (AAAE).
    8. Pelka, Niels & Mußhoff, Oliver, 2015. "Das Risikoreduzierungspotenzial von Wetterindexversicherungen im Agribusiness – Die Bedeutung des Aggregationsniveaus von Ertragszeitreihen," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 64(02), June.
    9. Norton, Michael & Boucher, Stephen & Verteramo Chiu, Leslie, 2015. "Geostatistics, Basis Risk, and Index Insurance," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205755, Agricultural and Applied Economics Association.
    10. Tappi, Marco & Nardone, Gianluca & Santeramo, Fabio Gaetano, 2022. "On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 11(2), July.
    11. Alex Boakye, 2023. "Estimating agriculture technologies’ impact on maize yield in rural South Africa," SN Business & Economics, Springer, vol. 3(8), pages 1-17, August.
    12. Niyibizi, Bart & Brorsen, Wade & Park, Eunchun, 2018. "Using Bayesian Kriging for Spatial Smoothing of Trends in the Means and Variances of Crop Yield Densities," 2018 Annual Meeting, August 5-7, Washington, D.C. 274403, Agricultural and Applied Economics Association.
    13. Antoine Leblois & Philippe Quirion & Agali Alhassane & Seydou Traoré, 2014. "Weather Index Drought Insurance: An Ex Ante Evaluation for Millet Growers in Niger," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(4), pages 527-551, April.
    14. Qing Sun & Zaiqiang Yang & Xianghong Che & Wei Han & Fangmin Zhang & Fang Xiao, 2018. "Pricing weather index insurance based on artificial controlled experiment: a case study of cold temperature for early rice in Jiangxi, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 91(1), pages 69-88, March.
    15. Berg, Erlend & Blake, Michael & Morsink, Karlijn, 2022. "Risk sharing and the demand for insurance: Theory and experimental evidence from Ethiopia," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 236-256.
    16. Pelka, Niels & Mußhoff, Oliver, 2013. "Das Risikoreduzierungspotenzial von Wetterderivaten im Ackerbau: Einfachindizes versus Mischindizes," Journal of International Agricultural Trade and Development, Journal of International Agricultural Trade and Development, vol. 62(4).
    17. Eltazarov, Sarvarbek, 2023. "The potential of satellite-based data to detect weather extremes and crop yield variation for hedging agricultural weather risks in Central Asia and Mongolia: Three essays," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 286134, March.
    18. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    19. Brittney Goodrich & Jisang Yu & Monte Vandeveer, 2020. "Participation patterns of the rainfall index insurance for pasture, rangeland and forage programme," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 45(1), pages 29-51, January.
    20. A. Ford Ramsey & Yong Liu, 2023. "Linear pooling of potentially related density forecasts in crop insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 90(3), pages 769-788, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlaare:303607. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.