Participation in yield and revenue insurance products: What are important factors?

Shiva Makki, Agapi Somwaru and Joy Harwood

American Bankers Association, 2001, vol. 14, issue 2

Abstract: Rapid expansion in the number of federally subsidized crop insurance products offered to farmers since the 1996 farm legislation, along with greater subsidy levels, has been an incentive to farmers' participation. Certainly, lenders have played a key role in recommending, or requiring, the purchase of insurance over the years to help farmers mitigate their risk exposure as a condition of lending terms. Other factors, however, also have played a key role in affecting producers' demand for insurance.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2001
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