OPPORTUNITY COSTS, SHARE LEASING, AND PREVENTED PLANTING CLAIMS IN CROP INSURANCE

Roderick Rejesus, Cesar Escalante () and Mike H. Cross

No 35017, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: This paper determines whether the opportunity costs of share leasing and the share amounts of farmers/tenants affect the likelihood of submitting a prevented planting claim. Results from our probit analysis shows that lower opportunity costs of share leasing and higher farmer/tenant share amount can increase the probability of submitting a prevented planting. These results have potential implications for setting prevented planting buy-up rates and crop insurance compliance procedures.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 20
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeatm:35017

DOI: 10.22004/ag.econ.35017

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