Does Federal Crop Insurance lead to higher farm debt use? Evidence from the Agricultural Resource Management Survey
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.250011
Download full text from publisher
References listed on IDEAS
- Escalante, Cesar L. & Barry, Peter J., 2003.
"Determinants of the Strength of Strategic Adjustments in Farm Capital Structure,"
Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(01), pages 1-12, April.
- Escalante, Cesar L. & Barry, Peter J., 2003. "Determinants of the Strength of Strategic Adjustments in Farm Capital Structure," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 35(1), pages 67-78, April.
- Rajeev H. Dehejia & Sadek Wahba, 2002.
"Propensity Score-Matching Methods For Nonexperimental Causal Studies,"
The Review of Economics and Statistics, MIT Press, vol. 84(1), pages 151-161, February.
- Rajeev H. Dehejia & Sadek Wahba, 1998. "Propensity Score Matching Methods for Non-experimental Causal Studies," NBER Working Papers 6829, National Bureau of Economic Research, Inc.
- A. Smith, Jeffrey & E. Todd, Petra, 2005.
"Does matching overcome LaLonde's critique of nonexperimental estimators?,"
Journal of Econometrics, Elsevier, vol. 125(1-2), pages 305-353.
- Jeffrey Smith & Petra Todd, 2003. "Does Matching Overcome Lalonde's Critique of Nonexperimental Estimators?," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20035, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
- Yann de Mey & Frankwin van Winsen & Erwin Wauters & Mark Vancauteren & Ludwig Lauwers & Steven Van Passel, 2014. "Farm-level evidence on risk balancing behavior in the EU-15," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 74(1), pages 17-37, April.
- Ifft, Jennifer & Kuethe, Todd H. & Morehart, Mitchell, 2013. "Farm Debt Use by Farms with Crop Insurance," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 28(3), pages 1-5.
- Joseph W. Glauber, 2013. "The Growth Of The Federal Crop Insurance Program, 1990--2011," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 482-488.
- Richard E. Just & Linda Calvin & John Quiggin, 1999.
"Adverse Selection in Crop Insurance: Actuarial and Asymmetric Information Incentives,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(4), pages 834-849.
- Just, Richard E. & Calvin, Linda & Quiggin, John, 1993. "Adverse Selection in Crop Insurance: Actuarial and Asymmetric Information Incentives," Working Papers 197809, University of Maryland, Department of Agricultural and Resource Economics.
- Daniel O. Gilligan & John Hoddinott, 2007.
"Is There Persistence in the Impact of Emergency Food Aid? Evidence on Consumption, Food Security, and Assets in Rural Ethiopia,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 225-242.
- Gilligan, Daniel O. & Hoddinott, John, 2007. "AJAE Appendix: Is There Persistence in the Impact of Emergency Food Aid? Evidence on Consumption, Food Security and Assets in Rural Ethiopia," American Journal of Agricultural Economics APPENDICES, Agricultural and Applied Economics Association, vol. 89(2), pages 1-8, May.
- Katchova, Ani L., 2010.
"Agricultural Contracts and Alternative Marketing Options: A Matching Analysis,"
Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 42(2), pages 1-16, May.
- Katchova, Ani L., 2010. "Agricultural Contracts and Alternative Marketing Options: A Matching Analysis," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 42(2), pages 261-276, May.
- Katchova, Ani L., 2008. "Agricultural Contracts and Alternative Marketing Options: A Matching Analysis," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6336, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Calum G. Turvey & Rong Kong, 2009. "Business and financial risks of small farm households in China," China Agricultural Economic Review, Emerald Group Publishing Limited, vol. 1(2), pages 155-172, January.
- Lori Lynch & Xiangping Liu, 2007. "Impact of Designated Preservation Areas on Rate of Preservation and Rate of Conversion: Preliminary Evidence," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1205-1210.
- Jaclyn D. Kropp & James B. Whitaker, 2011. "The impact of decoupled payments on the cost of operating capital," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 71(1), pages 25-40, May.
- Jeremy G. Weber & Dawn Marie Clay, 2013. "Who Does Dot Respond to the Agricultural Resource Management Survey and Does It Matter?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(3), pages 755-771.
- Velandia, Margarita M. & Rejesus, Roderick M. & Knight, Thomas O. & Sherrick, Bruce J., 2009.
"Factors Affecting Farmers’ Utilization of Agricultural Risk Management Tools: The Case of Crop Insurance, Forward Contracting, and Spreading Sales,"
Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(01), pages 1-17, April.
- Velandia, Margarita & Rejesus, Roderick M. & Knight, Thomas O. & Sherrick, Bruce J., 2009. "Factors Affecting Farmers' Utilization of Agricultural Risk Management Tools: The Case of Crop Insurance, Forward Contracting, and Spreading Sales," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 41(1), pages 107-123, April.
- Allen M. Featherstone & Charles B. Moss & Timothy G. Baker & Paul V. Preckel, 1988. "The Theoretical Effects of Farm Policies on Optimal Leverage and the Probability of Equity Losses," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 572-579.
- Ifft, Jennifer & Wu, Shang & Kuethe, Todd H., 2014.
"The Impact of Pasture Insurance on Farmland Values,"
Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 0, pages 1-16.
- Ifft, Jennifer & Wu, Shang & Kuethe, Todd, 2014. "The Impact of Pasture Insurance on Farmland Values," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 43(3), pages 1-16, December.
- Ifft, Jennifer & Wu, Shang & Kuethe, Todd, 2014. "The Impact of Pasture Insurance on Farmland Values," Agricultural and Resource Economics Review, Cambridge University Press, vol. 43(3), pages 390-405, December.
- Ifft, Jennifer & Wu, Shang & Kuethe, Todd H., 2012. "The Impacts of Pasture Insurance on Farmland Values," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124317, Agricultural and Applied Economics Association.
- Keith H. Coble & Thomas O. Knight & Rulon D. Pope & Jeffery R. Williams, 1996. "Modeling Farm-Level Crop Insurance Demand with Panel Data," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 439-447.
- Marco Caliendo & Sabine Kopeinig, 2008.
"Some Practical Guidance For The Implementation Of Propensity Score Matching,"
Journal of Economic Surveys, Wiley Blackwell, vol. 22(1), pages 31-72, February.
- Marco Caliendo & Sabine Kopeinig, 2005. "Some Practical Guidance for the Implementation of Propensity Score Matching," Discussion Papers of DIW Berlin 485, DIW Berlin, German Institute for Economic Research.
- Caliendo, Marco & Kopeinig, Sabine, 2005. "Some Practical Guidance for the Implementation of Propensity Score Matching," IZA Discussion Papers 1588, Institute of Labor Economics (IZA).
- Charles A. Towe & Mitchell J. Morehart, 2009. "Credit Constraints: Their Existence, Determinants, and Implications for U.S. Farm and Nonfarm Sole Proprietorships," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(1), pages 275-289.
- Daniel O. Gilligan & John Hoddinott, 2007.
"Is There Persistence in the Impact of Emergency Food Aid? Evidence on Consumption, Food Security, and Assets in Rural Ethiopia,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 225-242.
- Gilligan, Daniel O. & Hoddinott, John F., 2006. "Is there persistence in the impact of emergency food aid?: evidence on consumption, food security, and assets in rural Ethiopia," FCND discussion papers 209, International Food Policy Research Institute (IFPRI).
- Todd Kuethe & Mitch Morehart, 2012. "The Agricultural Resource Management Survey," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(2), pages 191-200, July.
- Patrick, Kevin & Ifft, Jennifer & Kuethe, Todd, 2013. "Debt Use by Farms with Crop Insurance," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 3, November.
- Cesar L. Escalante & Calum G. Turvey & Peter J. Barry, 2009. "Farm business decisions and the sustainable growth challenge paradigm," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 69(2), pages 228-247, July.
- Todd H. Kuethe & Mitch Morehart, 2012. "The profit impacts of risk management tool adoption," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(1), pages 104-116, May.
- Vincent H. Smith & Alan E. Baquet, 1996. "The Demand for Multiple Peril Crop Insurance: Evidence from Montana Wheat Farms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(1), pages 189-201.
- Bruce J. Sherrick & Peter J. Barry & Paul N. Ellinger & Gary D. Schnitkey, 2004. "Factors Influencing Farmers' Crop Insurance Decisions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 103-114.
- Stephen C. Gabriel & C. B. Baker, 1980. "Concepts of Business and Financial Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 560-564.
- Calum G. Turvey, 2012. "Whole Farm Income Insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 79(2), pages 515-540, June.
- Ahearn, Mary Clare & Collender, Robert N. & Diao, Xinshen & Harrington, David H. & Hoppe, Robert A. & Korb, Penelope J. & Makki, Shiva S. & Morehart, Mitchell J. & Roberts, Michael J. & Roe, Terry L. , 2004. "Decoupled Payments In A Changing Policy Setting," Agricultural Economic Reports 33981, United States Department of Agriculture, Economic Research Service.
- Erik J. O’Donoghue & Michael J. Roberts & Nigel Key, 2009. "Did the Federal Crop Insurance Reform Act Alter Farm Enterprise Diversification?," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(1), pages 80-104, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sarker, Rakhal, 2021. "Farm Safety Net Payments and Risk Balancing in Ontario Beef Sector," 2021 Conference, August 17-31, 2021, Virtual 315321, International Association of Agricultural Economists.
- Sarker, Rakhal, 2024. "Farm Policy Support Payments and Risk Balancing Phenomenon in Grain and Oilseed Sector in Ontario, Canada," IAAE 2024 Conference, August 2-7, 2024, New Delhi, India 344398, International Association of Agricultural Economists (IAAE).
- Ifft, Jennifer & Jodlowski, Margaret, 2017. "Federal crop insurance and agricultural credit use," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259120, Agricultural and Applied Economics Association.
- Rakhal Sarker & Truc Phan & Yu Na Lee & Alfons Weersink, 2022. "Business Risk Management Program and risk‐balancing in Ontario hog sector: An empirical analysis," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 70(4), pages 287-304, December.
- Kuethe, Todd H. & Paulson, Nick, 2014. "Crop Insurance Use and Land Rental Agreements," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170528, Agricultural and Applied Economics Association.
- Geoffroy Enjolras & Magali Aubert, 2020.
"How does crop insurance influence pesticide use? Evidence from French farms,"
Review of Agricultural, Food and Environmental Studies, Springer, vol. 101(4), pages 461-485, December.
- Geoffroy Enjolras & Magali Aubert, 2020. "How does crop insurance influence pesticide use? Evidence from French farms," Review of Agricultural, Food and Environmental Studies, INRA Department of Economics, vol. 101(4), pages 461-485.
- Enjolras, Geoffroy & Aubert, Magali, 2020. "How does crop insurance influence pesticide use? Evidence from French farms," Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 101(4), November.
- Aderajew, Tamirat S. & Du, Xiaoxue & Pennings, Joost M. E. & Trujillo-Barrera, Andres, 2020.
"Farm-Level Risk-Balancing Behavior and the Role of Latent Heterogeneity,"
Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 45(2), March.
- Tamirat, Aderajew AS & Trujillo-Barrera, Andres A. & Pennings, Joost M. E., 2018. "Farm Level Risk Balancing Behavior and the Role of Latent Heterogeneity," 2018 Annual Meeting, August 5-7, Washington, D.C. 274467, Agricultural and Applied Economics Association.
- Adhikari, Sudip & Khanal, Aditya R., 2020. "Does higher business risk influence financial risk and induce savings among small agricultural operations? Findings from Tennessee," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304509, Agricultural and Applied Economics Association.
- Dimitar Nikolov & Sergio Gomez-y-Paloma & Minka Chopeva & Marianne Lefebvre, 2014. "Main Factors of the Development and Attractiveness of the Insurance Market for the Agricultural Companies," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 99-121.
- Geoffroy Enjolras & Magali Aubert, 2020.
"How does crop insurance influence pesticide use? Evidence from French farms,"
Review of Agricultural, Food and Environmental Studies, Springer, vol. 101(4), pages 461-485, December.
- Geoffroy Enjolras & Magali Aubert, 2020. "Correction to: How does crop insurance influence pesticide use? Evidence from French farms," Review of Agricultural, Food and Environmental Studies, Springer, vol. 101(4), pages 487-488, December.
- Liang, Lu, 2014. "Federal Crop Insurance and Credit Constraints: Theory and Evidence," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 169825, Agricultural and Applied Economics Association.
- Schilling, Brian J. & Attavanich, Witsanu & Sullivan, Kevin P. & Marxen, Lucas J., 2014. "Measuring the effect of farmland preservation on farm profitability," MPRA Paper 100122, University Library of Munich, Germany, revised Jun 2014.
- Vigani, Mauro & Khafagy, Amr & Berry, Robert, 2024. "Public spending for agricultural risk management: Land use, regional welfare and intra-subsidy substitution," Food Policy, Elsevier, vol. 123(C).
- Enjolras, Geoffroy & Capitanio, Fabian & Adinolfi, Felice, 2012. "The Demand for Crop Insurance: Combined Approaches for France and Italy," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 13(01), pages 1-18.
- Dillon, Andrew, 2011. "The Effect of Irrigation on Poverty Reduction, Asset Accumulation, and Informal Insurance: Evidence from Northern Mali," World Development, Elsevier, vol. 39(12), pages 2165-2175.
- Ming Wang & Tao Ye & Peijun Shi, 2016. "Factors Affecting Farmers’ Crop Insurance Participation in China," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(3), pages 479-492, September.
- Salvioni, Cristina & Sciulli, Dario, 2011. "Impact of Rural Development Policy and Less Favored Areas Scheme: A Difference in Difference Matching Approach," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115988, European Association of Agricultural Economists.
- Todd H. Kuethe & Mitch Morehart, 2012. "The profit impacts of risk management tool adoption," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(1), pages 104-116, May.
- Burns, Christopher & Prager, Daniel, "undated". "Do Direct Payments and Crop Insurance Influence Commercial Farm Survival and Decisions to Expand?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235693, Agricultural and Applied Economics Association.
- Grout, Travis & Ifft, Jennifer & Malinovskaya, Anna, 2021. "Energy income and farm viability: Evidence from USDA farm survey data," Energy Policy, Elsevier, vol. 155(C).
More about this item
Keywords
; ;NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGR-2016-12-18 (Agricultural Economics)
- NEP-IAS-2016-12-18 (Insurance Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:cudawp:250011. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dacorus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.