Risk Management Subsidies, Production System Switching Costs, and Native Grassland Conversion

dc.contributor.author Feng, Hongli
dc.contributor.author Hennessy, David
dc.contributor.author Miao, Ruiqing
dc.contributor.department Economics
dc.date 2021-08-09T18:07:52.000
dc.date.accessioned 2021-08-14T04:23:14Z
dc.date.available 2021-08-14T04:23:14Z
dc.date.copyright Wed Jan 01 00:00:00 UTC 2014
dc.date.embargo 2021-08-09
dc.date.issued 2014-01-01
dc.description.abstract <p>Native and unimproved grasslands are critical habitat for many North American duck, shorebird and songbird species, and also for some increasingly rare insects. These habitats coexist with agriculture and the agricultural production environment is changing. A variety of evidence suggests that the rate of native sod conversion to cropland in the United States has increased since the 1990s, and especially in the Dakotas. There may be many reasons for cropland expansion in a historically marginal and yield risky area. Growing demand for commodities in international markets and for fuel has made crop farming more attractive. Innovations in seed technology have reduced non-seed costs, relieved farmers from some environmental compliance constraints, and made crops more drought tolerant. Our concern is with the role of crop insurance subsidies, where subsidy amount varies directly with production riskiness.</p>
dc.description.comments <p>This proceeding is published as Miao, Ruiqing, Hennessy, D.A., and Hongli Feng*. “Risk Management Subsidies, Production System Switching Costs, and Native Grassland Conversion,” pp. 25-26. Glaser, A., ed. 2014. America’s Grasslands Conference: The Future of Grasslands in a Changing Landscape. Proceedings of the 2nd Biennial Conference on the Conservation of America’s Grasslands. August 12-14, 2013, Manhattan, KS. Washington, DC and Manhattan, KS: National Wildlife Federation and Kansas State University. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_conf/71/
dc.identifier.articleid 1071
dc.identifier.contextkey 24246234
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_conf/71
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/7wbOPpMv
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_conf/71/0-Permission_from_NWF.pdf|||Sat Jan 15 01:42:39 UTC 2022
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_conf/71/2013_Feng_RiskManagement.pdf|||Sat Jan 15 01:42:41 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agriculture
dc.subject.disciplines Insurance
dc.subject.disciplines Natural Resources and Conservation
dc.title Risk Management Subsidies, Production System Switching Costs, and Native Grassland Conversion
dc.type article
dc.type.genre conference
dspace.entity.type Publication
relation.isAuthorOfPublication 391fa56d-abad-402c-a62c-06701fca45ad
relation.isOrgUnitOfPublication 4c5aa914-a84a-4951-ab5f-3f60f4b65b3d
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