Add to ORKGThe government establishes insurance programs even in so-called “market-driven” economies such as the US. From a normative perspective, economists might justify government insurance when markets fail to meet a need for such insurance and the government can efficiently fulfill this need. However, whether economically justified or not, government insurance programs are vulnerable to political manipulation and exploitation to serve special economic interests. This paper evaluates the federal crop insurance program in the US as an illustration of this phenomenon. We evaluate the structure and management of the program against a set of economic principles, analyze its flaws, and discuss how the program could be restructured to best serve the pub...
We consider a political economy in which government cares about risk-averse farmers’ loss of income ...
Crop Insurance, Farm bill, Farm Programs, Resource /Energy Economics and Policy, Q18,
Moving from price-triggered to area revenue–triggered programs was perhaps the most common theme amo...
Lawmakers often subsidize farmers in times of financial distress. This article models this political...
Federal policy-makers increasingly emphasize the Federal Crop Insurance Program as the primary feder...
We consider a political economy where government cares about risk-averse farmers’ loss of income and...
The U.S. crop insurance has two distinct features that set itself apart from insurance in other area...
"We provide a broad overview of the role and history of federal disaster relief in U.S. agriculture....
The U.S. government has been extensively involved in providing income support and risk management po...
A.E. Res. 93-14A new crop insurance alternative will be available for eight major crops in 1994. Thi...
This dissertation asks how political economy concerns, namely that politicians face strong incentive...
Graduation date: 2017The publicly subsidized Federal Crop Insurance Program has expanded rapidly in ...
Federal crop insurance is a core component of U.S. agricultural policy. From its inception, however,...
A letter report issued by the Government Accountability Office with an abstract that begins "The U.S...
This paper examines how changes in major elements of the U.S. federal crop insurance program affect ...
We consider a political economy in which government cares about risk-averse farmers’ loss of income ...
Crop Insurance, Farm bill, Farm Programs, Resource /Energy Economics and Policy, Q18,
Moving from price-triggered to area revenue–triggered programs was perhaps the most common theme amo...
Lawmakers often subsidize farmers in times of financial distress. This article models this political...
Federal policy-makers increasingly emphasize the Federal Crop Insurance Program as the primary feder...
We consider a political economy where government cares about risk-averse farmers’ loss of income and...
The U.S. crop insurance has two distinct features that set itself apart from insurance in other area...
"We provide a broad overview of the role and history of federal disaster relief in U.S. agriculture....
The U.S. government has been extensively involved in providing income support and risk management po...
A.E. Res. 93-14A new crop insurance alternative will be available for eight major crops in 1994. Thi...
This dissertation asks how political economy concerns, namely that politicians face strong incentive...
Graduation date: 2017The publicly subsidized Federal Crop Insurance Program has expanded rapidly in ...
Federal crop insurance is a core component of U.S. agricultural policy. From its inception, however,...
A letter report issued by the Government Accountability Office with an abstract that begins "The U.S...
This paper examines how changes in major elements of the U.S. federal crop insurance program affect ...
We consider a political economy in which government cares about risk-averse farmers’ loss of income ...
Crop Insurance, Farm bill, Farm Programs, Resource /Energy Economics and Policy, Q18,
Moving from price-triggered to area revenue–triggered programs was perhaps the most common theme amo...