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Investigating The Implications Of Multi-Crop Revenue Insurance For Producer Risk Management


  • Miller, J. Corey
  • Coble, Keith H.
  • Barnett, Barry J.


This study investigates the potential for alternative multi-crop revenue insurance designs in comparison to single crop yield and revenue insurance designs. A non-parametric multi-crop insurance model is developed which subsumes the single crop designs. The results compare alternative designs in terms of rate levels and risk reduction gains for representative Mississippi producers.

Suggested Citation

  • Miller, J. Corey & Coble, Keith H. & Barnett, Barry J., 2000. "Investigating The Implications Of Multi-Crop Revenue Insurance For Producer Risk Management," Professional Presentations 15802, Mississippi State University, Department of Agricultural Economics.
  • Handle: RePEc:ags:misppr:15802
    DOI: 10.22004/ag.econ.15802

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    Cited by:

    1. Joshua D. Woodard & Bruce J. Sherrick & Gary D. Schnitkey, 2010. "Revenue Risk-Reduction Impacts of Crop Insurance in a Multicrop Framework," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 32(3), pages 472-488.
    2. Williams, Jeffery R. & Saffert, Andrew T. & Barnaby, G. Art & Llewelyn, Richard V. & Langemeier, Michael R., 2014. "A Risk Analysis of Adjusted Gross Revenue-Lite on Beef Farms," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 46(2), pages 227-244, May.

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