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Federal Crop Insurance and the 1990 Farm Bill: An Assessment of Program Options

Author

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  • Glauber, Joseph W.
  • Harwood, Joy L.
  • Miranda, Mario J.

Abstract

In December 1988, the Office of Management and Budget (OMB) requested that the Economic Research Service (ERS) evaluate the Federal crop insurance program. E5e study addresses how the current crop insurance program functions as a risk management tool; the role of multiple-peril crop insurance (MPCI) offered through the Federal Crop Insurance Corporation (FCIC) compared with other Government programs designed to assist the agricultural sector, such as price and income supports and disaster assistance; and the impact of alternative vehicles for providing disaster relief, including compulsory crop insurance, disaster assistance, and revenue insurance, on market prices, commodity program participation, and Treasury costs.

Suggested Citation

  • Glauber, Joseph W. & Harwood, Joy L. & Miranda, Mario J., 1989. "Federal Crop Insurance and the 1990 Farm Bill: An Assessment of Program Options," Staff Reports 278249, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:278249
    DOI: 10.22004/ag.econ.278249
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    File URL: https://ageconsearch.umn.edu/record/278249/files/ers-report-422.pdf
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    References listed on IDEAS

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    1. Ligita Gasparėnienė & Rita Remeikienė & Colin C. Williams, 2022. "Introduction," SpringerBriefs in Economics, in: Unemployment and the Informal Economy, chapter 0, pages 1-6, Springer.
    2. Lipton, Kathryn L. & Pollack, Susan L., 1988. "The Disaster Assistance Act Of 1988: A Description Of The Provisions," Staff Reports 278123, United States Department of Agriculture, Economic Research Service.
    3. Miller, Thomas A. & Walter, Alan S., 1977. "Options for Improving Government Programs that Cover Crop Losses Caused by Natural Hazards," Miscellaneous Publications 330054, United States Department of Agriculture, Economic Research Service.
    4. Wright, Brian D & Williams, Jeffrey C, 1982. "The Economic Role of Commodity Storage," Economic Journal, Royal Economic Society, vol. 92(367), pages 596-614, September.
    5. Brian D. Wright & Jeffrey C. Williams, 1984. "The Welfare Effects of the Introduction of Storage," The Quarterly Journal of Economics, Oxford University Press, vol. 99(1), pages 169-192.
    6. Plato, Gerald & Gordon, Douglas, 1983. "Dynamic Programming and the Economics of Optimal Grain Storage," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 35(1), pages 1-13, January.
    7. Gardiner, Walter H. & Dixit, Praveen M, 1987. "Price Elasticity of Export Demand: Concepts and Estimates," Foreign Agricultural Economic Report (FAER) 305286, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Glauber, Joseph W. & Harwood, Joy L. & Skees, Jerry R., 1993. "An Alternative for Reducing Federal Crop Insurance Program Losses," Agricultural Economic Reports 308267, United States Department of Agriculture, Economic Research Service.
    2. Carey, Marc & Heimlich, Ralph & Brazee, Richard, 1990. "A Permanent Wetland Reserve: Analysis of a New Approach to Wetland Protection," Agricultural Information Bulletins 309561, United States Department of Agriculture, Economic Research Service.
    3. Abel Tiemtore, 2021. "Examining the effects of agricultural income insurance on farmers in Burkina Faso," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 46(3), pages 422-439, July.

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