IDEAS home Printed from https://ideas.repec.org/p/ags/saeaso/35429.html
   My bibliography  Save this paper

The Viability of a Crop Insurance Investment Account: The Case for Obion, County, Tennessee

Author

Listed:
  • Gerloff, Delton C.

Abstract

This paper evaluates the feasibility of farmer-owned crop insurance accounts. The accounts, similar to retirement accounts, accumulate pre-subsidy premiums and dispense indemnities. Government involvement is that of guaranteeing loans if indemnities exceed the account balance. Substantial government savings occur through insurance premium subsidy elimination.

Suggested Citation

  • Gerloff, Delton C., 2006. "The Viability of a Crop Insurance Investment Account: The Case for Obion, County, Tennessee," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35429, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeaso:35429
    DOI: 10.22004/ag.econ.35429
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/35429/files/sp06ge01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.35429?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. Dismukes, Robert & Glauber, Joseph W., 2005. "Why Hasn't Crop Insurance Eliminated Disaster Assistance?," Amber Waves, United States Department of Agriculture, Economic Research Service, June.
    2. Bruce A. Babcock & Chad E. Hart, 2005. "Influence of the Premium Subsidy on Farmers' Crop Insurance Coverage Decisions," Center for Agricultural and Rural Development (CARD) Publications 05-wp393, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    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. Yi, Jing & Richardson, James & Bryant, Henry, 2016. "How Do Premium Subsidies Affect Crop Insurance Demand at Different Coverage Levels: the Case of Corn," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236249, Agricultural and Applied Economics Association.
    2. Wallander, Steven & Aillery, Marcel & Hellerstein, Daniel & Hand, Michael S., 2013. "The Role of Conservation Programs in Drought Risk Adaptation," Economic Research Report 262224, United States Department of Agriculture, Economic Research Service.
    3. Željko Kokot & Todor Marković & Sanjin Ivanović & Maja Meseldžija, 2020. "Whole-Farm Revenue Protection as a Factor of Economic Stability in Crop Production," Sustainability, MDPI, vol. 12(16), pages 1-11, August.
    4. Yigezu, Yigezu A. & Sanders, John H., 2008. "Introducing New Technologies And Marketing Strategies For Households With Malnutrition: An Ethiopian Case Study," Working papers 36813, Purdue University, Department of Agricultural Economics.
    5. Abdoulaye, Tahirou & Sanders, John H., 2005. "New Technologies, Marketing Strategies And Public Policy For Traditional Food Crops: Millet In Niger," Staff Papers 28670, Purdue University, Department of Agricultural Economics.
    6. Andrea E. Woolverton & Michael E. Sykuta, 2009. "Do Income Support Programs Impact Producer Hedging Decisions? Evidence from a Cross-Country Comparative," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(4), pages 834-852.
    7. Sharma, Sankalp & Walters, Cory G., 2018. "Influence of Farm and Lease Type on Crop Insurance Returns," 2018 Annual Meeting, August 5-7, Washington, D.C. 273881, Agricultural and Applied Economics Association.
    8. O'Donoghue, Erik J., 2013. "The Demand for Crop Insurance: How Important are the Subsidies?," 2013 AAEA: Crop Insurance and the Farm Bill Symposium 157282, Agricultural and Applied Economics Association.
    9. Yigezu A. Yigezu & John H. Sanders, 2008. "Introducing New Technologies And Marketing Strategies For Households With Malnutrition: An Ethiopian Case Study," Working Papers 08-05, Purdue University, College of Agriculture, Department of Agricultural Economics.
    10. Ginder, Matthew G. & Spaulding, Aslihan D., 2006. "Factors Affecting Crop Insurance Purchase Decisions in Northern Illinois," 2006 Annual meeting, July 23-26, Long Beach, CA 21073, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. O'Donoghue, Erik, 2014. "Crop Insurance Subsidies: How Important are They?," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169451, Agricultural and Applied Economics Association.
    12. Abdoulaye, Tahirou & Sanders, John H., 2006. "New technologies, marketing strategies and public policy for traditional food crops: Millet in Niger," Agricultural Systems, Elsevier, vol. 90(1-3), pages 272-292, October.
    13. Heidelbach, Olaf & Bokusheva, Raushan, 2009. "Crop insurance market development in a transition economy: The case of Kazakhstan," 2009 Conference, August 16-22, 2009, Beijing, China 51614, International Association of Agricultural Economists.
    14. Jing Yi & Henry L. Bryant & James W. Richardson, 2020. "How do premium subsidies affect crop insurance demand at different coverage levels: the case of corn," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 45(1), pages 5-28, January.
    15. O'Donoghue, Erik, 2014. "The Effects of Premium Subsidies on Demand for Crop Insurance," Economic Research Report 178405, United States Department of Agriculture, Economic Research Service.
    16. Fabian Capitanio & Antonio De Pin, 2018. "Measures of Efficiency of Agricultural Insurance in Italy, Economic Evaluations," Risks, MDPI, vol. 6(4), pages 1-19, November.
    17. Dragos, Cristian Mihai & Dragos, Simona Laura & Mare, Codruta & Muresan, Gabriela Mihaela & Purcel, Alexandra-Anca, 2023. "Does risk assessment and specific knowledge impact crop insurance underwriting? Evidence from Romanian farmers," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 343-358.
    18. Heidelbach, Olaf, 2007. "Efficiency of selected risk management instruments: An empirical analysis of risk reduction in Kazakhstani crop production," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 40, number 92323.

    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:saeaso:35429. 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/saeaaea.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.