The Effects of Crop Insurance Subsidies and Sodsaver on Land-Use Change
dc.contributor.author | Miao, Ruiqing | |
dc.contributor.author | Hennessy, David | |
dc.contributor.author | Feng, Hongli | |
dc.contributor.author | Hennessy, David | |
dc.contributor.department | Economics | |
dc.contributor.department | Center for Agricultural and Rural Development | |
dc.date | 2021-08-03T14:11:09.000 | |
dc.date.accessioned | 2021-08-14T04:32:13Z | |
dc.date.available | 2021-08-14T04:32:13Z | |
dc.date.copyright | Fri Jan 01 00:00:00 UTC 2016 | |
dc.date.issued | 2016-05-01 | |
dc.description.abstract | <p>It is well known that insurance market information asymmetry can cause socially excessive cropping of yield-risky land. We show that crop insurance subsidies can cause the same problem absent information failures. Using field-level yield data, we find an inversed U-shaped relationship between crop prices and crop insurance subsidies’ land-use impacts. For seventeen counties in the U.S. Prairie Pothole Region, simulations show that 0.05% to 3.3% (about 2,600 to 157,900 acres) of land under crop insurance would not have been converted from grassland had premium subsidies not existed. Land-use impacts of Sodsaver in the 2014 Farm Act are also quantified.</p> | |
dc.description.comments | <p>This article is published as Miao, Ruiqing, David A. Hennessy, and Hongli Feng. "The effects of crop insurance subsidies and Sodsaver on land-use change." <em>Journal of Agricultural and Resource Economics</em> 41 (2016): 247-265. doi:<a href="http://dx.doi.org/10.22004/ag.econ.235189" target="_blank" title="DOI">10.22004/ag.econ.235189</a>. Posted with permission.</p> | |
dc.format.mimetype | application/pdf | |
dc.identifier | archive/lib.dr.iastate.edu/econ_las_pubs/796/ | |
dc.identifier.articleid | 1803 | |
dc.identifier.contextkey | 24076566 | |
dc.identifier.s3bucket | isulib-bepress-aws-west | |
dc.identifier.submissionpath | econ_las_pubs/796 | |
dc.identifier.uri | https://dr.lib.iastate.edu/handle/20.500.12876/JwjbVOVw | |
dc.language.iso | en | |
dc.source.bitstream | archive/lib.dr.iastate.edu/econ_las_pubs/796/2016_Feng_EffectsCrop.pdf|||Sat Jan 15 01:56:40 UTC 2022 | |
dc.source.uri | 10.22004/ag.econ.235189 | |
dc.subject.disciplines | Agricultural and Resource Economics | |
dc.subject.disciplines | Agriculture | |
dc.subject.disciplines | Economic Policy | |
dc.subject.disciplines | Insurance | |
dc.subject.keywords | copula | |
dc.subject.keywords | crop insurance | |
dc.subject.keywords | grassland | |
dc.subject.keywords | land use | |
dc.subject.keywords | Sodsaver | |
dc.subject.keywords | subsidy chasing | |
dc.title | The Effects of Crop Insurance Subsidies and Sodsaver on Land-Use Change | |
dc.type | article | |
dc.type.genre | article | |
dspace.entity.type | Publication | |
relation.isAuthorOfPublication | 391fa56d-abad-402c-a62c-06701fca45ad | |
relation.isAuthorOfPublication | bf1d1e25-161b-47e8-8b24-916b06376371 | |
relation.isOrgUnitOfPublication | 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d | |
relation.isOrgUnitOfPublication | 1a6be5f1-4f64-4e48-bb66-03bbcc25c76d |
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