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          Volume 32, Number 01, April 2000 >

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Authors: Miller, Stephen E.
Kahl, Kandice H.
Rathwell, P. James
Keywords: crop insurance
revenue insurance
yield insurance
Issue Date: 2000-04
Abstract: We estimate actuarially fair premium rates for yield and revenue insurance for Georgia and South Carolina peaches. The premium rates for both products decrease at a decreasing rate as the mean farm-level yield increases. In general, the premium rate for revenue insurance exceeds the premium rate for yield insurance for a given coverage level and expected yield. Although the revenue and yield insurance rates differ in a statistical sense, they do not appear to differ in an economic sense except at high coverage levels for growers with very high yields.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 32, Number 01, April 2000
Total Pages: 10
Language: English
From Page: 123
To Page: 132
Collections:Volume 32, Number 01, April 2000

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