Revenue Protection for Organic Producers: Too Much or Too Little?
Ariel Singerman,
Chad Hart and
Sergio Lence
Journal of Agricultural and Resource Economics, 2012, vol. 37, issue 3, 20
Abstract:
A framework is developed to examine organic crop insurance established by the Risk Management Agency (RMA). Given that the RMA links organic and conventional crop prices, the model is calibrated to reflect both markets to illustrate the impacts that pricing has on insurance coverage. Findings indicate that at the 75% coverage level, the RMA’s fixed-price factor implies an effective coverage ranging from 43% to 105% depending on the ratio of planting-time organic to conventional market prices. Results suggest the RMA’s program is likely to induce adverse selection because the nominal coverage level is likely to deviate substantially from the effective coverage.
Keywords: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
https://ageconsearch.umn.edu/record/142353/files/J ... 6_pp415-434_Hart.pdf (application/pdf)
Related works:
Working Paper: Revenue Protection for Organic Producers: Too Much or Too Little (2012) 
Working Paper: Revenue Protection for Organic Producers: Too Much or Too Little (2012)
Working Paper: Revenue Protection for Organic Producers: Too Much or Too Little? (2012) 
Working Paper: Revenue protection for organic producers: too much or too little (2012) 
Working Paper: Revenue Protection for Organic Producers: Too Much or Too Little (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:142353
DOI: 10.22004/ag.econ.142353
Access Statistics for this article
More articles in Journal of Agricultural and Resource Economics from Western Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().