IDEAS home Printed from https://ideas.repec.org/p/ags/aaea03/22203.html
   My bibliography  Save this paper

Farmers' Veg Risk Perceptions And Adoption Of Veg Crop Insurance

Author

Listed:
  • Bard, Sharon K.
  • Stewart, Robert K.
  • Hill, Lowell D.
  • Hoffman, Linwood A.
  • Dismukes, Robert
  • Chambers, William

Abstract

Producer survey results are analyzed to determine factors influencing value-enhanced grain (VEG) risk perceptions and VEG crop insurance adoption. VEG production is perceived to be riskier than commodity production. VEG types, input costs, and production problems affect risk perceptions. Factors including previous insurance use impact VEG crop insurance adoption.

Suggested Citation

  • Bard, Sharon K. & Stewart, Robert K. & Hill, Lowell D. & Hoffman, Linwood A. & Dismukes, Robert & Chambers, William, 2003. "Farmers' Veg Risk Perceptions And Adoption Of Veg Crop Insurance," 2003 Annual meeting, July 27-30, Montreal, Canada 22203, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea03:22203
    DOI: 10.22004/ag.econ.22203
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/22203/files/sp03ba05.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.22203?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. Thomas O. Knight & Keith H. Coble, 1997. "Survey of U.S. Multiple Peril Crop Insurance Literature Since 1980," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 19(1), pages 128-156.
    2. Makki, Shiva S. & Somwaru, Agapi & Harwood, Joy L., 2001. "Biotechnology In Agriculture: Implications For Farm-Level Risk Management," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 19(01), pages 1-17.
    Full references (including those not matched with items on IDEAS)

    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. Knight, Thomas O. & Coble, Keith H., 1999. "Actuarial Effects of Unit Structure in the U.S. Actual Production History Crop Insurance Program," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 31(3), pages 519-535, December.
    2. Krogmeier, Joseph L. & Wang, H. Holly, 1998. "The Possibility Of A Private Crop Insurance Market: The Theoretical Foundations," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20902, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Makki, Shiva S. & Somwaru, Agapi, 2002. "Asymmetric Information In Cotton Insurance Markets: Evidence From Texas," 2002 Annual meeting, July 28-31, Long Beach, CA 19827, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Dorfman, Jeffrey H., 2000. "Looking For Government'S Role As An Agricultural Safety Net," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(01), pages 1-10, March.
    5. Marc F. Bellemare & Yu Na Lee & David R. Just, 2020. "Producer Attitudes Toward Output Price Risk: Experimental Evidence from the Lab and from the Field," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(3), pages 806-825, May.
    6. F. G. Santeramo & B. K. Goodwin & F. Adinolfi & F. Capitanio, 2016. "Farmer Participation, Entry and Exit Decisions in the Italian Crop Insurance Programme," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 639-657, September.
    7. Olen, Beau & Wu, Junjie, 2013. "Supply of Insurance for Specialty Crops and its Effect on Yield and Acreage," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150787, Agricultural and Applied Economics Association.
    8. Hanson, Steven D. & Black, J. Roy & Wang, H. Holly, 2000. "Can Revenue Insurance Substitute For Price And Yield Risk Management Instruments?," Staff Paper Series 11655, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    9. Smith, Vincent H. & Glauber, Joseph & Dismukes, Robert, 2016. "Rent Dispersion in the US Agricultural Insurance Industry:," IFPRI discussion papers 1532, International Food Policy Research Institute (IFPRI).
    10. R M Rejesus, 2003. "Ex post Moral Hazard in Crop Insurance: Costly State Verification or Falsification?," Economic Issues Journal Articles, Economic Issues, vol. 8(2), pages 29-46, September.
    11. He, Juan & Zheng, Xiaoyong & Rejesus, Roderick M. & Yorobe Jr., Jose M., 2019. "Moral hazard and adverse selection effects of cost-of-production crop insurance: evidence from the Philippines," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(01), January.
    12. Li, Ziyue & Zhang, Zhao & Zhang, Lingyan, 2021. "Improving regional wheat drought risk assessment for insurance application by integrating scenario-driven crop model, machine learning, and satellite data," Agricultural Systems, Elsevier, vol. 191(C).
    13. Roger Claassen & Christian Langpap & JunJie Wu, 2017. "Impacts of Federal Crop Insurance on Land Use and Environmental Quality," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 592-613, April.
    14. Sommarat Chantarat & Krirk Pannangpetch & Nattapong Puttanapong & Preesan Rakwatin & Thanasin Tanompongphandh, 2015. "Index-Based Risk Financing and Development of Natural Disaster Insurance Programs in Developing Asian Countries," Risk, Governance and Society, in: Daniel P. Aldrich & Sothea Oum & Yasuyuki Sawada (ed.), Resilience and Recovery in Asian Disasters, edition 127, chapter 0, pages 171-200, Springer.
    15. Coble, Keith H. & Barnett, Barry J., 1999. "The Role Of Research In Producer Risk Management," Professional Papers 15803, Mississippi State University, Department of Agricultural Economics.
    16. Eric J. Belasco & Kate Binzen Fuller, 2022. "Who buys crop insurance? Predictors of the participation gap between organic and conventional farms," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(3), pages 1554-1572, September.
    17. Rogna, Marco & Schamel, Günter & Weissensteiner, Alex, 2019. "Choosing Between Hail Insurance and Anti-Hail Nets: A Simple Model and a Simulation among Apples Producers in South Tyrol," 2019: Trading for Good - Agricultural Trade in the Context of Climate Change Adaptation and Mitigation... Symposium, June 23-25, 2019, Seville, Spain 312593, International Agricultural Trade Research Consortium.
    18. Makki, Shiva S. & Miranda, Mario J., 1998. "Self-Insurance And The Utility Of Standard Risk Management Contracts," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20975, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. Richards, Timothy J., 2000. "A Two-Stage Model Of The Demand For Specialty Crop Insurance," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(01), pages 1-18, July.
    20. Ruojin Zhang & Dan Fan, 2016. "Evaluating Farm-Level Crop Insurance Demand in China: A Double-Bounded Dichotomous Approach," Journal of Agricultural Science, Canadian Center of Science and Education, vol. 8(3), pages 1-10, February.

    More about this item

    Keywords

    Risk and Uncertainty;

    Statistics

    Access and download statistics

    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:aaea03:22203. 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/aaeaaea.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.