THE POTENTIAL FOR REVENUE INSURANCE POLICIES IN THE SOUTH

Jerry R. Skees, Joy L. Harwood, Agapi Somwaru and Janet Perry

Journal of Agricultural and Applied Economics, 1998, vol. 30, issue 01, 15

Abstract: The 1996 Farm Act and the 1994 Crop Insurance Reform Act are recent examples of policy changes that have increased risks for U.S. farmers. New products are emerging to help farmers manage risks. This article examines some of the policy changes, farmer responses, and new risk-sharing products. The focus turns to the new revenue insurance products and their potential in the South. While there are reasons to believe revenue insurance should be attractive in the South, any revenue products that use existing crop insurance rates will face difficulties since poor actuarial performance in the South has resulted in relatively high rates.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://ageconsearch.umn.edu/record/15093/files/30010047.pdf (application/pdf)

Related works:
Journal Article: The Potential for Revenue Insurance Policies in the South (1998)
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:joaaec:15093

DOI: 10.22004/ag.econ.15093

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().