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A Spatial Econometric Analysis of Loss Experience in the U.S. Crop Insurance Program

Author

Listed:
  • Joshua D. Woodard
  • Gary D. Schnitkey
  • Bruce J. Sherrick
  • Nancy Lozano‐Gracia
  • Luc Anselin

Abstract

No abstract is available for this item.

Suggested Citation

  • Joshua D. Woodard & Gary D. Schnitkey & Bruce J. Sherrick & Nancy Lozano‐Gracia & Luc Anselin, 2012. "A Spatial Econometric Analysis of Loss Experience in the U.S. Crop Insurance Program," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 79(1), pages 261-286, March.
    • Handle: RePEc:bla:jrinsu:v:79:y:2012:i:1:p:261-286
    DOI: j.1539-6975.2010.01397.x
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    Citations

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    Cited by:

    1. Chengguo Weng & Lysa Porth & Ken Seng Tan & Ryan Samaratunga, 2017. "Modelling the Sustainability of the Canadian Crop Insurance Program: A Reserve Fund Process Under a Public–Private Partnership Model," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 42(2), pages 226-246, April.
    2. Joshua D. Woodard & Leslie J. Verteramo‐Chiu, 2017. "Efficiency Impacts of Utilizing Soil Data in the Pricing of the Federal Crop Insurance Program," American Journal of Agricultural Economics, John Wiley & Sons, vol. 99(3), pages 757-772, April.
    3. Jim Teal & Andrew W. Stevens, 2024. "Race and premium misrating in the U.S. Federal Crop Insurance Program," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 46(1), pages 169-188, March.
    4. Hungerford, Ashley, 2014. "Systemic Risk in Wheat Yields," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169376, Agricultural and Applied Economics Association.
    5. Li Li & Xuefei Hong & Dengli Tang & Ming Na, 2016. "GHG Emissions, Economic Growth and Urbanization: A Spatial Approach," Sustainability, MDPI, vol. 8(5), pages 1-16, May.
    6. Youngho Kim, 2023. "Payments for Ecosystem Services Programs and Climate Change Adaptation in Agriculture," Economics Series Working Papers 1054, University of Oxford, Department of Economics.
    7. Martínez-Salgueiro, Andrea & Tarrazón-Rodón, María-Antonia, 2020. "Is diversification effective in reducing the systemic risk implied by a market for weather index-based insurance in Spain?," MPRA Paper 119924, University Library of Munich, Germany, revised 19 May 2021.
    8. Daniel KOMADEL & Ludovit PINDA & Katarina SAKALOVA, 2018. "Securitization in crop insurance with soil classification," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(3), pages 131-140.
    9. Chen, Zhangliang, 2018. "Understanding spatial distribution of loss ratios in federal crop insurance program," 2018 Annual Meeting, August 5-7, Washington, D.C. 274112, Agricultural and Applied Economics Association.
    10. Yu, Tian, 2011. "Three essays on weather and crop yield," ISU General Staff Papers 201101010800002976, Iowa State University, Department of Economics.
    11. Woodard, Joshua D. & Chiu Verteramo, Leslie & Miller, Alyssa P., 2015. "Adaptation of U.S. Agricultural Production to Drought and Climate Change," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205903, Agricultural and Applied Economics Association.
    12. Joshua D. Woodard & Jing Yi, 2020. "Estimation of Insurance Deductible Demand Under Endogenous Premium Rates," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 87(2), pages 477-500, June.
    13. Woodard, Joshua, 2016. "Estimation of Insurance Deductible Demand under Endogenous Premium Rates," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236151, Agricultural and Applied Economics Association.
    14. Alexandre Gohin, 2019. "General Equilibrium Modelling of the Insurance Industry: U.S. Crop Insurance," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(2), pages 108-145, December.
    15. Maria Victoria Rivas-Lopez & Roman Minguez-Salido & Mariano Matilla Garcia & Alejandro Echeverria Rey, 2021. "Contributions from Spatial Models to Non-Life Insurance Pricing: An Empirical Application to Water Damage Risk," Mathematics, MDPI, vol. 9(19), pages 1-12, October.
    16. Joshua D. Woodard & Leslie Verteramo Chiu & Gabriel Power & Dmitry Vedenov & Steven Klose, 2017. "Factors Affecting Changes in Managerial Decisions," Agribusiness, John Wiley & Sons, Ltd., vol. 33(3), pages 443-465, June.
    17. Erich Seamon & Paul E. Gessler & John T. Abatzoglou & Philip W. Mote & Stephen S. Lee, 2023. "Climatic Damage Cause Variations of Agricultural Insurance Loss for the Pacific Northwest Region of the United States," Agriculture, MDPI, vol. 13(12), pages 1-13, November.
    18. Ai-Ju Shao & Tai-Yi Yu, 2022. "Spatial delineation approach to weather derivatives with three multivariate manners," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 110(2), pages 1227-1245, January.
    19. Yong Liu & Alan P. Ker, 2021. "Simultaneous borrowing of information across space and time for pricing insurance contracts: An application to rating crop insurance policies," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(1), pages 231-257, March.
    20. Baylis, Katherine R. & Paulson, Nicholas D. & Piras, Gianfranco, 2011. "Spatial Approaches to Panel Data in Agricultural Economics: A Climate Change Application," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 43(3), pages 1-14, August.
    21. Helen Naughton & Pehr-Johan Norbäck & Ayça Tekin-Koru, 2016. "Aggregation Issues of Foreign Direct Investment Estimation in an Interdependent World," The World Economy, Wiley Blackwell, vol. 39(12), pages 2046-2073, December.
    22. Li, Xiaofei & Tack, Jesse B. & Coble, Keith H. & Barnett, Barry J., 2016. "Can Crop Productivity Indices Improve Crop Insurance Rates?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235750, Agricultural and Applied Economics Association.
    23. Selene Perazzini, 2020. "Public-Private Partnership in the Management of Natural Disasters: A Review," Papers 2006.05845, arXiv.org.

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