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Journal of Agricultural and Resource Economics >
Volume 23, Number 02, December 1998 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/31189
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| 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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