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Agricultural Index Insurance Products: Strengths And Limitations

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  • Barnett, Barry J.

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  • Barnett, Barry J., 2004. "Agricultural Index Insurance Products: Strengths And Limitations," Agricultural Outlook Forum 2004 32971, United States Department of Agriculture, Agricultural Outlook Forum.
  • Handle: RePEc:ags:usaofo:32971
    DOI: 10.22004/ag.econ.32971
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    References listed on IDEAS

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    1. Jerry R. Skees & Michael R. Reed, 1986. "Rate Making for Farm-Level Crop Insurance: Implications for Adverse Selection," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 653-659.
    2. Quiggin, John C. & Karagiannis, Giannis & Stanton, J., 1993. "Crop Insurance And Crop Production: An Empirical Study Of Moral Hazard And Adverse Selection," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 37(2), pages 1-19, August.
    3. Deng, Xiaohui & Barnett, Barry J. & Vedenov, Dmitry V. & West, Joe W., 2004. "Thi Application To Insuring Against Heat Stress In Dairy Cows," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34800, Southern Agricultural Economics Association.
    4. Martin, Steven W. & Barnett, Barry J. & Coble, Keith H., 2001. "Developing And Pricing Precipitation Insurance," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-14, July.
    5. 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.
    6. Barnett, Barry J. & Black, J. Roy & Hu, Yingyao & Skees, Jerry R., 2005. "Is Area Yield Insurance Competitive with Farm Yield Insurance?," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 30(2), pages 1-17, August.
    7. Keith H. Coble & Thomas O. Knight & Rulon D. Pope & Jeffery R. Williams, 1997. "An Expected-Indemnity Approach to the Measurement of Moral Hazard in Crop Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 216-226.
    8. Deng, Xiaohui & Barnett, Barry J. & Vedenov, Dmitry V., 2004. "Testing The Viability Of Area Yield Insurance For Cotton And Soybeans In The Southeast," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34718, Southern Agricultural Economics Association.
    9. Calum G. Turvey, 2001. "Weather Derivatives for Specific Event Risks in Agriculture," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 23(2), pages 333-351.
    10. Vincent H. Smith & Barry K. Goodwin, 1996. "Crop Insurance, Moral Hazard, and Agricultural Chemical Use," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(2), pages 428-438.
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    Cited by:

    1. Alberto Garrido & David Zilberman, 2008. "Revisiting the demand for agricultural insurance: the case of Spain," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 68(1), pages 43-66, May.
    2. Aditya Kusuma & Bethanna Jackson & Ilan Noy, 2018. "A viable and cost-effective weather index insurance for rice in Indonesia," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 43(2), pages 186-218, September.
    3. Chaffin, Ben, 2009. "Crop Yield and Revenue Insurance: Choosing Between Policies That Trigger On Farm vs. County Indexes," Graduate Research Master's Degree Plan B Papers 48303, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    4. Aditya Kusuma & Bethanna Jackson & Ilan Noy, 2018. "A viable and cost-effective weather index insurance for rice in Indonesia," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 43(2), pages 186-218, September.
    5. Weiping Lou & Lihong Wu & Haiyan Chen & Zongwei Ji & Yongfei Sun, 2012. "Assessment of rice yield loss due to torrential rain: a case study of Yuhang County, Zhejiang Province, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 60(2), pages 311-320, January.
    6. Simon Maina & Maryfrances Miller & Gregory L. Torell & Niall Hanan & Julius Anchang & Njoki Kahiu, 2024. "Index Insurance for Forage, Pasture, and Rangeland: A Review of Developed (USA and Canada) and Developing (Kenya and Ethiopia) Countries," Sustainability, MDPI, vol. 16(9), pages 1-23, April.
    7. Teresa Maestro & Barry J. Barnett & Keith H. Coble & Alberto Garrido & María Bielza, 2016. "Drought Index Insurance for the Central Valley Project in California," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(3), pages 521-545.
    8. Baez, Karen & Iglesias, Eva, 2011. "Innovative Tools To Address Drought Risk In Grazing Lands," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114232, European Association of Agricultural Economists.
    9. Diersen, Matthew & Gurung, Pratik & Fausti, Scott, 2015. "Optimal Allocation of Index Insurance Intervals for Commodities," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196793, Southern Agricultural Economics Association.

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