{"title":"Does crop insurance influence crop yield impacts of warming temperatures? A farm-level analysis","authors":"Madhav Regmi, Jesse Tack, Allen M. Featherstone","doi":"10.1002/jaa2.92","DOIUrl":null,"url":null,"abstract":"<p>We examine the effects of the federal crop insurance program on crop production under extreme heat using farm-level data from Kansas. We find that insured dryland corn is 38% more sensitive to extreme heat than uninsured dryland corn. Results also suggest that a uniform <math>\n <semantics>\n <mrow>\n \n <mrow>\n <mo>+</mo>\n \n <mn>1</mn>\n \n <mo>°</mo>\n </mrow>\n </mrow>\n <annotation> <math altimg=\"urn:x-wiley:27692485:media:jaa292:jaa292-math-0001\" wiley:location=\"equation/jaa292-math-0001.png\" xmlns=\"http://www.w3.org/1998/Math/MathML\"><mrow><mrow><mo>\\unicode{x0002B}</mo><mn>1</mn><mo>\\unicode{x000B0}</mo></mrow></mrow></math></annotation>\n </semantics></math>C warming scenario leads to yield reductions of 16.7% (11.8%) for insured (uninsured) corn production; and 6.0% (4.4%) for insured (uninsured) wheat production. Warming had a stronger impact with reduced rainfall, especially on insured farms compared with uninsured farms, while altered growing seasons showed potential benefits for wheat but limited improvements for corn.</p>","PeriodicalId":93789,"journal":{"name":"Journal of the Agricultural and Applied Economics Association","volume":"2 4","pages":"808-822"},"PeriodicalIF":0.0000,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jaa2.92","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Agricultural and Applied Economics Association","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/jaa2.92","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
We examine the effects of the federal crop insurance program on crop production under extreme heat using farm-level data from Kansas. We find that insured dryland corn is 38% more sensitive to extreme heat than uninsured dryland corn. Results also suggest that a uniform C warming scenario leads to yield reductions of 16.7% (11.8%) for insured (uninsured) corn production; and 6.0% (4.4%) for insured (uninsured) wheat production. Warming had a stronger impact with reduced rainfall, especially on insured farms compared with uninsured farms, while altered growing seasons showed potential benefits for wheat but limited improvements for corn.