000188001 001__ 188001 000188001 005__ 20210122074337.0 000188001 0247_ $$2doi$$a10.22004/ag.econ.188001 000188001 037__ $$a1203-2016-95541 000188001 037__ $$a1203-2016-96248 000188001 041__ $$aeng 000188001 245__ $$aThe Impact of Pasture Insurance on Farmland Values 000188001 260__ $$c2014 000188001 269__ $$a2014 000188001 270__ $$mjifft@cornell.edu$$pIfft, Jennifer 000188001 300__ $$a16 000188001 336__ $$aJournal Article 000188001 520__ $$aThis study examines the impact of publicly supported insurance on agricultural land values. The analysis employs confidential, nationally representative panel data on field-level pastureland values and exploits a natural experiment provided by gradual introduction of the Pasture, Rangeland, and Forage Insurance Pilot Program. We use a field-level fixed-effects model that controls for several time-variant factors. We find that insurance availability is associated with an increase of at least 4 percent in pastureland values. This increase is comparable with increases generated by other government programs but is much smaller than total farmland value increases experienced in recent years. 000188001 650__ $$aLand Economics/Use 000188001 650__ $$aLivestock Production/Industries 000188001 650__ $$aProduction Economics 000188001 650__ $$aRisk and Uncertainty 000188001 6531_ $$afarmland values 000188001 6531_ $$ainsurance 000188001 6531_ $$aJune Area Survey 000188001 700__ $$aIfft, Jennifer 000188001 700__ $$aWu, Shang 000188001 700__ $$aKuethe, Todd H. 000188001 773__ $$tAgricultural and Resource Economics Review 000188001 773__ $$jPrepublication Previews 000188001 8564_ $$9fc3eb0c4-76af-49ce-a65d-80986c943a60$$s249054$$uhttps://ageconsearch.umn.edu/record/188001/files/ARER2014%2012%20Ifft%20AEPrepubl.pdf 000188001 887__ $$ahttp://purl.umn.edu/188001 000188001 909CO $$ooai:ageconsearch.umn.edu:188001$$pGLOBAL_SET 000188001 912__ $$nSubmitted by Natalie Karst (nataliek@randomfierce.com) on 2014-10-29 No. of bitstreams: 1 ARER2014 12 Ifft AEPrepubl.pdf: 249054 bytes, checksum: 9e02997e2cf1d3e06f2d95079d412bf4 (MD5) 000188001 912__ $$nMade available in DSpace on 2014-10-29 (GMT). No. of bitstreams: 1 ARER2014 12 Ifft AEPrepubl.pdf: 249054 bytes, checksum: 9e02997e2cf1d3e06f2d95079d412bf4 (MD5) Previous issue date: 2014 000188001 913__ $$aLicense granted by Natalie Karst (nataliek@randomfierce.com) on 2014-10-28T23:57:47Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000188001 980__ $$a1203 000188001 982__ $$gAgricultural and Resource Economics Review>Volume: Prepublication Reviews