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Federal Crop Insurance and the Disincentive to Adapt to Extreme Heat

Citations

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Cited by:

  1. Fernando M. Aragón & Francisco Oteiza & Juan Pablo Rud, 2018. "Climate Change and Agriculture: Farmer Adaptation to Extreme Heat," Discussion Papers dp18-02, Department of Economics, Simon Fraser University.
  2. Lu, Xun & Che, Yuyuan & Rejesus, Roderick M. & Goodwin, Barry K. & Ghosh, Sujit K. & Paudel, Jayash, 2023. "Unintended environmental benefits of crop insurance: Nitrogen and phosphorus in water bodies," Ecological Economics, Elsevier, vol. 204(PA).
  3. Rejesus, R. & Park, S. & Zheng, X. & Goodwin, G., 2018. "How does a Fraud Mitigation Program Influence Insurance Claims filing Behavior? Evidence from the "Spot Check List" Program in U.S. Crop Insurance," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277452, International Association of Agricultural Economists.
  4. Tsiboe, Francis & Turner, Dylan, 2023. "The crop insurance demand response to premium subsidies: Evidence from U.S. Agriculture," Food Policy, Elsevier, vol. 119(C).
  5. Aucejo, Esteban M. & Coate, Patrick & Fruehwirth, Jane Cooley & Kelly, Sean & Mozenter, Zachary, 2018. "Teacher effectiveness and classroom composition," LSE Research Online Documents on Economics 91696, London School of Economics and Political Science, LSE Library.
  6. Pierre Mérel & Matthew Gammans, 2021. "Climate Econometrics: Can the Panel Approach Account for Long‐Run Adaptation?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1207-1238, August.
  7. Ming Hu & Yan Liu & Wenbin Wang, 2019. "Socially Beneficial Rationality: The Value of Strategic Farmers, Social Entrepreneurs, and For-Profit Firms in Crop Planting Decisions," Management Science, INFORMS, vol. 65(8), pages 3654-3672, August.
  8. Sunjae Won & Roderick M. Rejesus & Barry K. Goodwin & Serkan Aglasan, 2024. "Understanding the effect of cover crop use on prevented planting losses," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(2), pages 659-683, March.
  9. Lé Mathias, 2022. "The adaptation of economies to climate change: lessons from the economic research [L’adaptation des économies au changement climatique : les enseignements tirés de la recherche économique]," Bulletin de la Banque de France, Banque de France, issue 239.
  10. Steven M. Ramsey & Jason S. Bergtold & Jessica L. Heier Stamm, 2021. "Field‐Level Land‐Use Adaptation to Local Weather Trends," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1314-1341, August.
  11. Chekenya, Nixon S., 2023. "Climate-induced crop failure and crop abandonment: What do we know and not know?," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 18(2), October.
  12. Regmi, Madhav & Tack, Jesse B., 2018. "Does Crop Insurance Enrollment Exacerbate the Negative Effects of Extreme Heat? A Farm-level Analysis," 2018 Annual Meeting, August 5-7, Washington, D.C. 274468, Agricultural and Applied Economics Association.
  13. Trisha R. Shrum & William R. Travis, 2022. "Experiments in ranching: Rain‐index insurance and investment in production and drought risk management," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(3), pages 1513-1533, September.
  14. Perloff, Jeffrey M. & Schlenker, Wolfram & Sears, Molly & Wu, Ximing, 2020. "Crop Failures from Temperature and Precipitation Shocks: Implications for U.S. Crop Insurance," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304540, Agricultural and Applied Economics Association.
  15. Jianhong E. Mu & Benjamin M. Sleeter & John T. Abatzoglou & John M. Antle, 2017. "Climate impacts on agricultural land use in the USA: the role of socio-economic scenarios," Climatic Change, Springer, vol. 144(2), pages 329-345, September.
  16. Chen, Le & Rejesus, Roderick M. & Aglasan, Serkan & Park, Byungyul & Hagen, Stephen & Salas, William, 2021. "The Impact of Cover Crops and No-Till Systems on Soil Erosion," 2021 Annual Meeting, August 1-3, Austin, Texas 314005, Agricultural and Applied Economics Association.
  17. Kakuho Furukawa & Hibiki Ichiue & Noriyuki Shiraki, 2020. "How Does Climate Change Interact with the Financial System? A Survey," Bank of Japan Working Paper Series 20-E-8, Bank of Japan.
  18. Zhang, Hongliang & Mu, Jianhong E. & McCarl, Bruce A., 2018. "Adaptation to climate change via adjustment in land leasing: Evidence from dryland wheat farms in the U.S. Pacific Northwest," Land Use Policy, Elsevier, vol. 79(C), pages 424-432.
  19. Liu, Ziheng & Lu, Qinan, 2023. "Ozone stress and crop harvesting failure: Evidence from US food production," Food Policy, Elsevier, vol. 121(C).
  20. Daniel Cooley & Steven M. Smith, 2022. "Center Pivot Irrigation Systems as a Form of Drought Risk Mitigation in Humid Regions," NBER Chapters, in: American Agriculture, Water Resources, and Climate Change, pages 135-171, National Bureau of Economic Research, Inc.
  21. Hsing-Hsiang Huang & Michael R. Moore, 2018. "Farming under Weather Risk: Adaptation, Moral Hazard, and Selection on Moral Hazard," NBER Chapters, in: Agricultural Productivity and Producer Behavior, pages 77-124, National Bureau of Economic Research, Inc.
  22. Sungkwol Park & Xiaoyong Zheng & Roderick M. Rejesus & Barry K. Goodwin, 2022. "Somebody's watching me! Impacts of the spot check list program in U.S. crop insurance," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(3), pages 921-946, May.
  23. Xun Su & Minpeng Chen, 2022. "Econometric Approaches That Consider Farmers’ Adaptation in Estimating the Impacts of Climate Change on Agriculture: A Review," Sustainability, MDPI, vol. 14(21), pages 1-23, October.
  24. Miao, Qing & Welch, Eric W. & Sriraj, P.S., 2019. "Extreme weather, public transport ridership and moderating effect of bus stop shelters," Journal of Transport Geography, Elsevier, vol. 74(C), pages 125-133.
  25. Ariel Ortiz-Bobea, 2021. "Climate, Agriculture and Food," Papers 2105.12044, arXiv.org.
  26. Antonio Bento & Noah S. Miller & Mehreen Mookerjee & Edson R. Severnini, 2021. "Time is of the Essence: Climate Adaptation Induced by Existing Institutions," NBER Working Papers 28783, National Bureau of Economic Research, Inc.
  27. Dhakal, Rajan & Connor, Lawson, 2022. "Cover Crops and Interactions with Corn and Soybean Yields: Evidence from Satellite data in Indiana," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322587, Agricultural and Applied Economics Association.
  28. Söhnke M Bartram & Jennifer Conrad & Jongsub Lee & Marti G Subrahmanyam, 2022. "Credit Default Swaps around the World," The Review of Financial Studies, Society for Financial Studies, vol. 35(5), pages 2464-2524.
  29. Lint Barrage, 2023. "Fiscal Costs of Climate Change in the United States," CER-ETH Economics working paper series 23/380, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
  30. Demissie, Birhan S. & Kasie, Tesfahun A. & Upton, Joanna B. & Blom, Sylvia A., 2021. "Climate Shocks And Resilience: Evidence From Rural Ethiopia," PRCI Research Papers 320707, Michigan State University, Department of Agricultural, Food and Resource Economics, Food Security Group.
  31. Katherine Baldwin & Anne Effland, 2022. "Integrating prevention into the risk management policy toolkit: A strategy for improving resilience to extreme events," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(3), pages 1222-1240, September.
  32. Cui, Xiaomeng & Tang, Qu, 2024. "Extreme heat and rural household adaptation: Evidence from Northeast China," Journal of Development Economics, Elsevier, vol. 167(C).
  33. Azzam, Azzeddine & Walters, Cory & Kaus, Taylor, 2021. "Does subsidized crop insurance affect farm industry structure? Lessons from the U.S," Journal of Policy Modeling, Elsevier, vol. 43(6), pages 1167-1180.
  34. Konstantinos Metaxoglou & Aaron Smith, 2022. "Nutrient Pollution and US Agriculture: Causal Effects, Integrated Assessment, and Implications of Climate Change," NBER Chapters, in: American Agriculture, Water Resources, and Climate Change, pages 297-341, National Bureau of Economic Research, Inc.
  35. Barry K. Goodwin & Nicholas E. Piggott, 2020. "Has Technology Increased Agricultural Yield Risk? Evidence from the Crop Insurance Biotech Endorsement," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(5), pages 1578-1597, October.
  36. Xuche Gong & David A. Hennessy & Hongli Feng, 2023. "Systemic risk, relative subsidy rates, and area yield insurance choice," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(3), pages 888-913, May.
  37. Wang, Yang & Annan, Francis, 2016. "On the Demand for Federal Crop Insurance," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235250, Agricultural and Applied Economics Association.
  38. Belasco, Eric J., 2020. "WAEA Presidential Address: Moving Agricultural Policy Forward: Or, There and Back Again," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 45(3), September.
  39. Arbex, Marcelo & Batu, Michael, 2020. "What if people value nature? Climate change and welfare costs," Resource and Energy Economics, Elsevier, vol. 61(C).
  40. Sarah E. Anderson & Terry L. Anderson & Alice C. Hill & Matthew E. Kahn & Howard Kunreuther & Gary D. Libecap & Hari Mantripragada & Pierre Mérel & Andrew J. Plantinga & V. Kerry Smith, 2019. "The Critical Role Of Markets In Climate Change Adaptation," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-17, February.
  41. DePaula, Guilherme, 2020. "The distributional effect of climate change on agriculture: Evidence from a Ricardian quantile analysis of Brazilian census data," Journal of Environmental Economics and Management, Elsevier, vol. 104(C).
  42. Aglasan, Serkan & Goodwin, Barry K. & Rejesus, Roderick, 2020. "Genetically Modified Rootworm-Resistant Corn, Risk, and Weather: Evidence from High Dimensional Methods," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 305181, Agricultural and Applied Economics Association.
  43. Fernando M. Aragón & Francisco Oteiza & Juan Pablo Rud, 2018. "Climate change and agriculture: farmer adaptation to extreme heat," IFS Working Papers W18/06, Institute for Fiscal Studies.
  44. Charlotte Fabri & Michele Moretti & Steven Van Passel, 2022. "On the (ir)relevance of heatwaves in climate change impacts on European agriculture," Climatic Change, Springer, vol. 174(1), pages 1-20, September.
  45. Zhang, Jingfang & Malikov, Emir & Miao, Ruiqing & Ghosh, Prasenjit N., 2024. "Geography of Climate Change Adaptation in U.S. Agriculture: Evidence from Spatially Varying Long-Differences Approach," 2024 Annual Meeting, July 28-30, New Orleans, LA 343758, Agricultural and Applied Economics Association.
  46. Yan, Hongqiang & Rejesus, Roderick M. & Chen, Le & Aglasan, Serkan, 2024. "The Impact of Soil Erosion on Mean Yields and Yield Risk," 2024 Annual Meeting, July 28-30, New Orleans, LA 343580, Agricultural and Applied Economics Association.
  47. Marcus Dillender, 2021. "Climate Change and Occupational Health: Are There Limits to Our Ability to Adapt?," Journal of Human Resources, University of Wisconsin Press, vol. 56(1), pages 184-224.
  48. Chen, Zhangliang & Dall'Erba, Sandy, 2018. "Do crop insurance programs preclude their recipients from adapting to new climate conditions?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274398, Agricultural and Applied Economics Association.
  49. Connor, Lawson & Marlow, Scott & Rejesus, Roderick M., "undated". "Effect of the Federal Crop Insurance Program on Cover Crop Adoption," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259957, Agricultural and Applied Economics Association.
  50. Ferreira, Susana, 2024. "Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies," IZA Discussion Papers 16715, Institute of Labor Economics (IZA).
  51. Park, Jisung & Bangalore, Mook & Hallegatte, Stephane & Sandhoefner, Evan, 2018. "Households and heat stress: estimating the distributional consequences of climate change," Environment and Development Economics, Cambridge University Press, vol. 23(3), pages 349-368, June.
  52. Mehrabi, Zia & Delzeit, Ruth & Ignaciuk, Adriana & Levers, Christian & Braich, Ginni & Bajaj, Kushank & Amo-Aidoo, Araba & Anderson, Weston & Balgah, Roland A. & Benton, Tim G. & Chari, Martin M. & El, 2022. "Research priorities for global food security under extreme events," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 5(7), pages 756-766.
  53. Sarah C. Sellars & Nathanael M. Thompson & Michael E. Wetzstein & Laura Bowling & Keith Cherkauer & Charlotte Lee & Jane Frankenberger & Ben Reinhart, 2022. "Does crop insurance inhibit climate change technology adoption?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(3), pages 1-20, March.
  54. repec:ags:aaea22:335468 is not listed on IDEAS
  55. 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.
  56. Miao, Ruiqing, 2020. "Tradeoff between Short-Term and Long-Term Risk Management Tools: New Study Shows that Crop Insurance May Hinder Agricultural Innovations in Drought-Tolerant Technologies," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 10(115), June.
  57. Aglasan, Serkan & Rejesus, Roderick M., 2022. "Do Cover Crops Reduce Production Risk?," 2022 Annual Meeting, July 31-August 2, Anaheim, California 324776, Agricultural and Applied Economics Association.
  58. Nora M C Pankratz & Christoph M Schiller, 2024. "Climate Change and Adaptation in Global Supply-Chain Networks," The Review of Financial Studies, Society for Financial Studies, vol. 37(6), pages 1729-1777.
  59. repec:ags:aaea22:335469 is not listed on IDEAS
  60. Fezzi, Carlo & Menapace, Luisa & Raffaelli, Roberta, 2021. "Estimating risk preferences integrating insurance choices with subjective beliefs," European Economic Review, Elsevier, vol. 135(C).
  61. Meyers, Keith A., 2017. "In the Shadow of the Mushroom Cloud: Nuclear Testing, Radioactive Fallout and Damage to U.S. Agriculture," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258121, Agricultural and Applied Economics Association.
  62. Njuki, Eric, 2020. "Examining the effects of federal crop insurance premium subsidies on allocative and technical inefficiency in the U.S. cornbelt," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304285, Agricultural and Applied Economics Association.
  63. Serkan Aglasan & Barry K. Goodwin & Roderick M. Rejesus, 2023. "Risk effects of GM corn: Evidence from crop insurance outcomes and high‐dimensional methods," Agricultural Economics, International Association of Agricultural Economists, vol. 54(1), pages 110-126, January.
  64. repec:ags:aaea22:335443 is not listed on IDEAS
  65. Vibhuti Dhingra & Harish Krishnan, 2021. "Managing Reputation Risk in Supply Chains: The Role of Risk Sharing Under Limited Liability," Management Science, INFORMS, vol. 67(8), pages 4845-4862, August.
  66. Mu, Jianhong E. & McCarl, Bruce A. & Sleeter, Benjamin & Abatzoglou, John T. & Zhang, Hongliang, 2018. "Adaptation with climate uncertainty: An examination of agricultural land use in the United States," Land Use Policy, Elsevier, vol. 77(C), pages 392-401.
  67. Solomon Hsiang & Paulina Oliva & Reed Walker, 2019. "The Distribution of Environmental Damages," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 13(1), pages 83-103.
  68. Nicole Karwowski, 2022. "Estimating the Effect of Easements on Agricultural Production," NBER Chapters, in: American Agriculture, Water Resources, and Climate Change, pages 53-105, National Bureau of Economic Research, Inc.
  69. Emanuele Massetti & Robert Mendelsohn, 2020. "Temperature thresholds and the effect of warming on American farmland value," Climatic Change, Springer, vol. 161(4), pages 601-615, August.
  70. Jesse Tack & Keith Coble & Barry Barnett, 2018. "Warming temperatures will likely induce higher premium rates and government outlays for the U.S. crop insurance program," Agricultural Economics, International Association of Agricultural Economists, vol. 49(5), pages 635-647, September.
  71. Byungyul Park & Roderick M. Rejesus & Serkan Aglasan & Yuyuan Che & Stephen C. Hagen & William Salas, 2023. "Payments from agricultural conservation programs and cover crop adoption," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 984-1007, June.
  72. Cui, Xiaomeng & Zhong, Zheng, 2024. "Climate change, cropland adjustments, and food security: Evidence from China," Journal of Development Economics, Elsevier, vol. 167(C).
  73. Timothy Neal & Michael Keane, 2020. "Climate Change and U.S. Agriculture: Accounting for Multi-dimensional Slope Heterogeneity in Production Functions," Discussion Papers 2018-08a, School of Economics, The University of New South Wales.
  74. Liu, Ziheng & Lu, Qinan, 2024. "Carbon dioxide fertilization, carbon neutrality, and food security," China Economic Review, Elsevier, vol. 85(C).
  75. Joakim A. Weill, 2023. "Flood Risk Mapping and the Distributional Impacts of Climate Information," Finance and Economics Discussion Series 2023-066, Board of Governors of the Federal Reserve System (U.S.).
  76. Somdeep Chatterjee, 2022. "How Hard Did That Sting? Estimating the Economic Costs of Locust Attacks on Agricultural Production†," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 434-459, March.
  77. Medhavi Sandhani & Anubhab Pattanayak & K.S. Kavi Kumar, 2020. "Impact of Climate Change on Economic Growth: A Case Study of India," Working Papers 2020-204, Madras School of Economics,Chennai,India.
  78. Fang, Ming & Jin, Songqing & Deininger, Klaus W., 2022. "Climate, land productivity and agricultural adaptation in Ukraine," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322437, Agricultural and Applied Economics Association.
  79. Chemeris, Anna & Liu, Yong & Ker, Alan P., 2022. "Insurance subsidies, climate change, and innovation: Implications for crop yield resiliency," Food Policy, Elsevier, vol. 108(C).
  80. repec:ags:aaea22:335585 is not listed on IDEAS
  81. Doidge, Mary, 2020. "Crowding out or crowding in? The influence of subsidised crop insurance on climate change adaptation," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304369, Agricultural and Applied Economics Association.
  82. Tesfahun, Birhan S. & Kasie, A. & Upton, Joanna B. & Blom, Sylvia A., 2021. "Climate Shocks And Resilience: Evidence From Rural Ethiopia," PRCI Research Papers 321060, Michigan State University, Department of Agricultural, Food and Resource Economics, Food Security Group.
  83. Lawson Connor & Roderick M. Rejesus & Mahmut Yasar, 2022. "Crop insurance participation and cover crop use: Evidence from Indiana county‐level data," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(4), pages 2181-2208, December.
  84. Yaoyao Wu & Hao Guo & Jing’ai Wang, 2018. "Quantifying the Similarity in Perceptions of Multiple Stakeholders in Dingcheng, China, on Agricultural Drought Risk Governance," Sustainability, MDPI, vol. 10(9), pages 1-21, September.
  85. Christopher N. Boyer & Eunchun Park & Seong D. Yun, 2023. "Corn and soybean prevented planting acres response to weather," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 970-983, June.
  86. Zappalà, Guglielmo, 2024. "Adapting to climate change accounting for individual beliefs," Journal of Development Economics, Elsevier, vol. 169(C).
  87. Yugang Ding & Cheng Sun, 2022. "Does agricultural insurance promote primary industry production? Evidence from a quasi-experiment in China," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 47(2), pages 434-459, April.
  88. Prasenjit N. Ghosh & Ruiqing Miao & Emir Malikov, 2023. "Crop insurance premium subsidy and irrigation water withdrawals in the western United States," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 48(4), pages 968-992, October.
  89. Konstantinos Metaxoglou & Aaron Smith, 2020. "Productivity Spillovers From Pollution Reduction: Reducing Coal Use Increases Crop Yields," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(1), pages 259-280, January.
  90. Joakim Weill, 2023. "Flood Risk Mapping and the Distributional Impacts of Climate Information," Working Papers 2023.10, FAERE - French Association of Environmental and Resource Economists.
  91. Michael Keane & Timothy Neal, 2020. "Climate change and U.S. agriculture: Accounting for multidimensional slope heterogeneity in panel data," Quantitative Economics, Econometric Society, vol. 11(4), pages 1391-1429, November.
  92. Charles A. Taylor, 2022. "Irrigation and Climate Change: Long-Run Adaptation and Its Externalities," NBER Chapters, in: Economic Perspectives on Water Resources, Climate Change, and Agricultural Sustainability, National Bureau of Economic Research, Inc.
  93. repec:ags:aaea22:335514 is not listed on IDEAS
  94. Serkan Aglasan & Roderick M. Rejesus & Stephen Hagen & William Salas, 2024. "Cover crops, crop insurance losses, and resilience to extreme weather events," American Journal of Agricultural Economics, John Wiley & Sons, vol. 106(4), pages 1410-1434, August.
  95. Lis-Castiblanco, Catherine & Jordi, Louis, 2024. "Adaptation to Frost and Heat Risks in French Viticulture: Are Grape Growers Dumb Farmers?," 2024 Annual Meeting, July 28-30, New Orleans, LA 343569, Agricultural and Applied Economics Association.
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