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Please use this identifier to cite or link to this item: http://purl.umn.edu/31189

Title: ON CHOOSING A BASE COVERAGE LEVEL FOR MULTIPLE PERIL CROP INSURANCE CONTRACTS
Authors: Ker, Alan P.
Coble, Keith H.
Issue Date: 1998-12
Abstract: For multiple peril crop insurance, the U.S. Department of Agriculture'’s Risk Management Agency estimates the premium rate for a base coverage level and then uses multiplicative adjustment factors to recover rates at other coverage levels. Given this methodology, accurate estimation of the base coverage level from 65% to 50%. The purpose of this analysis was to provide some insight into whether such a change should or should not be carried out. Not surprisingly, our findings indicate that the higher coverage level should be maintained as the base.
URI: http://purl.umn.edu/31189
Institution/Association: Journal of Agricultural and Resource Economics>Volume 23, Number 02, December 1998
Total Pages: 18
Language: English
From Page: 427
To Page: 444
Collections:Volume 23, Number 02, December 1998

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