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Real Subsidy, Elusive Harvest: Timing, Frictions, and the Economics of Livestock Risk Protection Arbitrage

In: Risk and Risk Management in the Agricultural Economy

Author

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  • Yifei Zhang
  • Andrew Keller
  • Shawn Arita
  • Sandro Steinbach

Abstract

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Suggested Citation

  • Yifei Zhang & Andrew Keller & Shawn Arita & Sandro Steinbach, 2026. "Real Subsidy, Elusive Harvest: Timing, Frictions, and the Economics of Livestock Risk Protection Arbitrage," NBER Chapters, in: Risk and Risk Management in the Agricultural Economy, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:15388
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    References listed on IDEAS

    as
    1. Chad E. Hart & Bruce A. Babcock & Dermot J. Hayes, 2001. "Livestock Revenue Insurance," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 21(6), pages 553-580, June.
    2. Barry K. Goodwin, 1993. "An Empirical Analysis of the Demand for Multiple Peril Crop Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(2), pages 425-434.
    3. Bruce A. Babcock, 2015. "Using Cumulative Prospect Theory to Explain Anomalous Crop Insurance Coverage Choice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(5), pages 1371-1384.
    4. Teresa Serra & Barry K. Goodwin & Allen M. Featherstone, 2003. "Modeling changes in the U.S. demand for crop insurance during the 1990s," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 63(2), pages 109-125, November.
    5. Fields, Deacue & Gillespie, Jeffrey, 2008. "Beef Producer Preferences and Purchase Decisions for Livestock Price Insurance," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(3), pages 789-803, December.
    6. Barry K. Goodwin & Vincent H. Smith, 2013. "What Harm Is Done By Subsidizing Crop Insurance?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 489-497.
    7. Christopher N. Boyer & Andrew P. Griffith, 2022. "Livestock risk protection subsidies changes on producer premiums," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 83(2), pages 201-210, August.
    8. Christopher N. Boyer & Karen L. DeLong & Andrew P. Griffith & Charles C. Martinez, 2024. "Factors influencing United States cattle producers use of livestock risk protection," Agricultural Economics, International Association of Agricultural Economists, vol. 55(4), pages 677-689, July.
    9. Burdine, Kenneth H. & Halich, Greg, 2014. "Payout Analysis of Livestock Risk Protection Insurance for Feeder Cattle," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-14.
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