Share Tenancy, Ownership Structure, And Prevented Planting Claims In Crop Insurance
A theoretical model based on opportunity cost and expected utility principles establishes linkages between the likelihood of prevented planting claims in crop insurance, existing share leasing arrangements and internal farm business structures. Results of probit estimation procedures indicate that simpler internal business structures and a more dominant farmer-tenant leasing position can increase the probability of submitting a prevented planting claim.
|Date of creation:||2003|
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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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