Design of the Rainfall Index Crop Insurance Program for Pasture, Rangeland, and Forage

IF 1.2 4区经济学 Q3 AGRICULTURAL ECONOMICS & POLICY

Journal of Agricultural and Resource Economics Pub Date : 2021-01-01 DOI:10.22004/AG.ECON.303607

Whoi Cho, B. Brorsen

引用次数: 7

Abstract

This article considers three possible issues about the design of the Rainfall Index Pasture, Rangeland and Forage (RI-PRF) crop insurance program: (i) how well the rainfall index matches actual rainfall, (ii) whether the county base values can be made more accurate using spatial smoothing, and (iii) optimal choices of RI-PRF crop insurance alternatives for producers and reducing the number of choices that producers have to make. Based on the results, we conclude that the RI-PRF crop insurance program needs to reduce the number of choices and provide suggestions for restricting the choices.

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牧草、牧场和饲草降雨指数作物保险方案的设计

本文考虑了RI-PRF作物保险方案设计中可能存在的三个问题:(1)降雨指数与实际降雨量的匹配程度;(2)利用空间平滑法是否可以提高县基准值的准确性;(3)为生产者提供RI-PRF作物保险备选方案的最优选择，并减少生产者必须做出的选择数量。研究结果表明，RI-PRF作物保险项目需要减少选择的数量，并提出限制选择的建议。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Agricultural and Resource Economics 社会科学-农业经济与政策

CiteScore

2.30

自引率

7.10%

发文量

审稿时长

>36 weeks

期刊介绍： The mission of the Journal of Agricultural and Resource Economics is to publish creative and scholarly economic studies in agriculture, natural resources, and related areas. Manuscripts dealing with the economics of food and agriculture, natural resources and the environment, human resources, and rural development issues are especially encouraged. The Journal provides a forum for topics of interest to those performing economic research as well as to those involved with economic policy and education. Submission of comments on articles previously published in the Journal is welcomed.