IDEAS home Printed from https://ideas.repec.org/a/ags/arerjl/155319.html
   My bibliography  Save this article

High Tunnels Are My Crop Insurance: An Assessment of Risk Management Tools for Small-scale Specialty Crop Producers

Author

Listed:
  • Belasco, Eric J.
  • Galinato, Suzette P.
  • Marsh, Tom
  • Miles, Carol
  • Wallace, Russell

Abstract

High tunnels are being used by specialty crop producers to enhance production yields and quality, extend growing seasons, and protect crops from extreme weather. The tunnels are unheated, plastic-covered structures under which crops are planted directly in the soil, and they provide greater environmental protection and control than open-field production. This study uses field-level experiments to evaluate high-tunnel production. The results suggest that investments in high tunnels can provide increased profits and superior protection against adverse risks relative to crop insurance.

Suggested Citation

  • Belasco, Eric J. & Galinato, Suzette P. & Marsh, Tom & Miles, Carol & Wallace, Russell, 2013. "High Tunnels Are My Crop Insurance: An Assessment of Risk Management Tools for Small-scale Specialty Crop Producers," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 42(2), pages 1-16, August.
    • Handle: RePEc:ags:arerjl:155319
    DOI: 10.22004/ag.econ.155319
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/155319/files/ARER%2042x2%202013%20Belasco.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.155319?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Vincent H. Smith & Barry K. Goodwin, 1995. "The Economics of Crop Insurance and Disaster Aid," Books, American Enterprise Institute, number 53374, September.
    2. Ethan Ligon, 2011. "Supply and Effects of Specialty Crop Insurance," NBER Chapters, in: The Intended and Unintended Effects of US Agricultural and Biotechnology Policies, pages 113-142, National Bureau of Economic Research, Inc.
    3. Donnell, Jeri & Biermacher, Jon T. & Upson, Steve, 2011. "Economic Potential of Using High Tunnel Hoop Houses to Produce Fruits and Vegetables," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98840, Southern Agricultural Economics Association.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ho, Shuay-Tsyr & Ifft, Jennifer E. & Rickard, Bradley J. & Turvey, Calum G., 2018. "Alternative Strategies to Manage Weather Risk in Perennial Fruit Crop Production," Agricultural and Resource Economics Review, Cambridge University Press, vol. 47(3), pages 452-476, December.
    2. Nicholas A. Lancaster & Ariana P. Torres, 2019. "Investigating the Drivers of Farm Diversification Among U.S. Fruit and Vegetable Operations," Sustainability, MDPI, vol. 11(12), pages 1-20, June.
    3. Bonanomi, Giuliano & Chirico, Giovanni Battista & Palladino, Mario & Gaglione, Salvatore A. & Crispo, Domenico G. & Lazzaro, Ugo & Sica, Benedetto & Cesarano, Gaspare & Ippolito, Francesca & Sarker, T, 2017. "Combined application of photo-selective mulching films and beneficial microbes affects crop yield and irrigation water productivity in intensive farming systems," Agricultural Water Management, Elsevier, vol. 184(C), pages 104-113.
    4. Shuoli Zhao & Chengyan Yue, 2020. "Risk preferences of commodity crop producers and specialty crop producers: An application of prospect theory," Agricultural Economics, International Association of Agricultural Economists, vol. 51(3), pages 359-372, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Knight, Thomas O. & Coble, Keith H., 1999. "Actuarial Effects of Unit Structure in the U.S. Actual Production History Crop Insurance Program," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 31(3), pages 519-535, December.
    2. Chen, Shu-Ling & Miranda, Mario J., 2006. "Modeling Yield Distribution In High Risk Counties: Application To Texas Upland Cotton," 2006 Annual meeting, July 23-26, Long Beach, CA 21392, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Glauber, Joseph W., 2017. "Agricultural insurance and the WTO:," IFPRI book chapters, in: Bouët, Antoine & Laborde Debucquet, David (ed.), Agriculture, development, and the global trading system: 2000– 2015, chapter 10, International Food Policy Research Institute (IFPRI).
    4. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    5. Hertzler, Greg & Collinson, Duane & Heemst, Natasha van, 2002. "Prospects for Crop Insurance in Western Australia," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125111, Australian Agricultural and Resource Economics Society.
    6. Eric J Belasco & Joseph Cooper & Vincent H Smith, 2020. "The Development of a Weather‐based Crop Disaster Program," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(1), pages 240-258, January.
    7. Olen, Beau & Wu, Junjie, 2013. "Supply of Insurance for Specialty Crops and its Effect on Yield and Acreage," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150787, Agricultural and Applied Economics Association.
    8. Smith, Vincent H. & Glauber, Joseph & Dismukes, Robert, 2016. "Rent Dispersion in the US Agricultural Insurance Industry:," IFPRI discussion papers 1532, International Food Policy Research Institute (IFPRI).
    9. Keith H. Coble & Robert Dismukes & Joseph W. Glauber, 2007. "Private Crop Insurers and the Reinsurance Fund Allocation Decision," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(3), pages 582-595.
    10. E. C. Pasour, Jr., 2004. "Agricultural Economists and the State," Econ Journal Watch, Econ Journal Watch, vol. 1(1), pages 106-133, April.
    11. Oñate, Carlos Andrés & Ozaki, Vitor Augusto & Bravo-Ureta, Boris, 2016. "Impact Evaluation of the Brazilian crop insurance public program “Proagro Mais”," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236096, Agricultural and Applied Economics Association.
    12. Fahad, Shah & Wang, Jing & Hu, Guangyin & Wang, Hui & Yang, Xiaoying & Shah, Ashfaq Ahmad & Huong, Nguyen Thi Lan & Bilal, Arshad, 2018. "Empirical analysis of factors influencing farmers crop insurance decisions in Pakistan: Evidence from Khyber Pakhtunkhwa province," Land Use Policy, Elsevier, vol. 75(C), pages 459-467.
    13. Breustedt, G., 2004. "Subventionen für landwirtschaftliche Einkommensversicherungen - „Nützlich und notwendig?"," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 39.
    14. Kirwan, Barrett E., 2017. "The Benefits of Crop Insurance," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259162, Agricultural and Applied Economics Association.
    15. Rogna, Marco & Schamel, Günter & Weissensteiner, Alex, 2019. "Choosing Between Hail Insurance and Anti-Hail Nets: A Simple Model and a Simulation among Apples Producers in South Tyrol," 2019: Trading for Good - Agricultural Trade in the Context of Climate Change Adaptation and Mitigation... Symposium, June 23-25, 2019, Seville, Spain 312593, International Agricultural Trade Research Consortium.
    16. Garrett, Thomas A. & Marsh, Thomas L. & Marshall, Maria I., 2006. "Political allocation of US agriculture disaster payments in the 1990s," International Review of Law and Economics, Elsevier, vol. 26(2), pages 143-161, June.
    17. Tejeda, Hernan A. & Goodwin, Barry K., 2008. "Modeling Crop prices through a Burr distribution and Analysis of Correlation between Crop Prices and Yields using a Copula method," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6061, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Smith, Vincent H. & Goodwin, Barry K., 2003. "An Ex Post Evaluation of the Conservation Reserve, Federal Crop Insurance, and Other Government Programs: Program Participation and Soil Erosion," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(2), pages 1-16, August.
    19. Joshua D. Woodard & Philip Garcia, 2008. "Basis risk and weather hedging effectiveness," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 68(1), pages 99-117, May.
    20. Smith, Vincent, 2017. "The US Federal Crop Insurance Program: A Case Study in Rent-Seeking," Working Papers 06899, George Mason University, Mercatus Center.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:arerjl:155319. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/nareaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.