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Economics of Agricultural Crop Insurance: Theory and Evidence (Hardcover, 1994 ed.)
Loot Price: R5,483
Discovery Miles 54 830
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Economics of Agricultural Crop Insurance: Theory and Evidence (Hardcover, 1994 ed.)
Series: Natural Resource Management and Policy, 4
Expected to ship within 10 - 15 working days
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Government subsidized crop insurance has been used by a number 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 multiple peril crop insurance which
suggest the possibility of modification of design which could
improve performance and which explores theoretical linkages between
crop insurance decisions and other producer decisions previously
not analyzed. The main part of the book is Part three, where the
results of a series of empirical studies using databases
particularly designed to answer crop insurance questions are
presented. This part of the book tests a number of the hypotheses
which were 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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