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Economics of Agricultural Crop Insurance: Theory and Evidence (Natural Resource Management and Policy)

Amazon.com Price: $229.39 (as of 12/05/2019 17:34 PST- Details)

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Government subsidized crop insurance has been used by plenty of developed countries as a mechanism to reduce farm income instability by reducing yield risks. This book provides an in-depth analysis and evaluation of government provided crop insurance in developed countries.
The book is organized into three sections: Part one presents background material on crop insurance programs in the U.S., Canada and selected other countries. Part two provides some analytical models of a couple of peril crop insurance which suggest the opportunity of modification of design which could enhance performance and which explores theoretical linkages between crop insurance decisions and other producer decisions in the past not analyzed. The main a part of the book is Part three, where the result of a series of empirical studies the usage of databases particularly designed to reply to crop insurance questions are presented. This a part of the book tests plenty of the hypotheses that have been raised in Parts one and two regarding reasons for the view widely held by economists that crop insurance has not functioned well.

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Economics of Agricultural Crop Insurance: Theory and Evidence (Natural Resource Management and Policy)

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