Share Tenancy, Ownership Structure, and Prevented Planting Claims in Crop Insurance
A conceptual model based on opportunity cost and expected utility principles establishes linkages between the likelihood of prevented planting claims in crop insurance and existing share leasing arrangements/internal farm business structures. Results of heteroskedastic probit estimation procedures indicate that simpler internal business structures and more dominant farmer-tenant leasing position can increase the probability of submitting a prevented planting claim. Copyright 2005, Oxford University Press.
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Volume (Year): 87 (2005)
Issue (Month): 1 ()
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- Johnson, James D. & Perry, Janet E. & Korb, Penelope J. & Sommer, Judith E. & Ryan, James T. & Green, Robert C. & Durst, Ron L. & Monke, James D., 2001. "Structural and Financial Characteristics of U.S. Farms: 2001 Family Farm Report," Agricultural Information Bulletins 33707, United States Department of Agriculture, Economic Research Service.
- Peter J. Barry & Lindon J. Robison, 1986. "Economic versus Accounting Rates of Return for Farm Land," Land Economics, University of Wisconsin Press, vol. 62(4), pages 388-401.
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