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Nonparametric Estimation of Crop Yield Distributions: Implications for Rating Group-Risk Crop Insurance Contracts

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  • Barry K. Goodwin
  • Alan P. Ker

Abstract

We use nonparametric density estimation procedures to evaluate county-level crop yield distributions. Implications for rating area-yield crop insurance contracts are discussed. The procedures developed are used to measure yield risk and calculate insurance premium rates for wheat and barley in the 1995–96 Group Risk Program. Copyright 1998, Oxford University Press.

Suggested Citation

  • Barry K. Goodwin & Alan P. Ker, 1998. "Nonparametric Estimation of Crop Yield Distributions: Implications for Rating Group-Risk Crop Insurance Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 139-153.
  • Handle: RePEc:oup:ajagec:v:80:y:1998:i:1:p:139-153
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