Crop Insurance: Its Influence on Land and Input Use Decisions in Saskatchewan

1994 ◽  
pp. 323-347
Author(s):  
W. P. Weisensel ◽  
W. H. Furtan ◽  
A. Schmitz
Keyword(s):  
Crop Insurance ◽  
Input Use

scholarly journals Effects of Insurance Adoption and Risk Aversion on Agricultural Production and Technical Efficiency: A Panel Analysis for Italian Grape Growers

Economies ◽  
2022 ◽  
Vol 10 (1) ◽  
pp. 20
Author(s):  
Simone Russo ◽  
Francesco Caracciolo ◽  
Cristina Salvioni
Keyword(s):  
Technical Efficiency ◽  
Crop Insurance ◽  
Stochastic Frontier ◽  
Risk Averse ◽  
Stochastic Frontier Approach ◽  
Intermediate Inputs ◽  
Input Use ◽  
Farm Accountancy Data Network ◽  
Using Data ◽  
Profit Maximisation

This article aims to evaluate the effect of insurance on production, technical efficiency, and input use of Italian specialised-quality grape growers. A panel instrumental variable stochastic frontier approach is applied over the years 2008–2017 using data from the Farm Accountancy Data Network. The results show the requirement to correct for the endogeneity that stems from insurance adoption. Insurance has an enhancing effect on production and efficiency and reduces the use of intermediate inputs. It suggests that insurance helps to diminish the risk-averse farmers’ suboptimal input use due to the presence of uncertainty. Crop insurance leads risk-averse farmers to behave as if they were risk neutral and employs the profit-maximising input vector. Therefore, by reducing the risks linked to the uncertainty of outcomes, crop insurance leads grape growers to go in the direction of profit maximisation.

Preferences for crop insurance attributes among cocoa farmers in Ghana

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Victor Owusu ◽  
Awudu Abdulai ◽  
Williams Ali
Keyword(s):  
Latent Class ◽  
Credit Constraints ◽  
Crop Insurance ◽  
Content Type ◽  
Processing Strategies ◽  
Input Use ◽  
Cocoa Farmers ◽  
The Impact ◽  
Participation Decisions ◽  
Southern Ghana

PurposeThis article analyzes farmers' preferences for different nonindexed crop insurance alternatives, using discrete choice experiment data on cocoa farmers from southern Ghana. We examine farmers' attendance to attributes by comparing self-reported attribute nonattendance (ANA) to the behavior inferred from the choices.Design/methodology/approachWe utilize the latent class endogenous attribute attendance (EAA) model to address potential endogeneity by jointly modelling farmers' attribute processing strategies with their choice of attributes of the insurance products.FindingsThe results show that premium levels, mode and length of indemnity payouts tend to influence farmers' preferences for crop insurance products. The findings also reveal that credit-constrained farmers attend more to premium and payment mode attributes of the crop insurance products and that credit-constrained farmers tend to exhibit lower willingness-to-pay estimates for the crop insurance attributes.Research limitations/implicationsThe findings from the study suggest that credit constraints do not only limit input use, but also tend to have statistically significant impact on farmers' cocoa insurance participation decisions.Originality/valueThe study examines the impact of credit constraints on farmers' crop insurance preferences while accounting for ANA.

scholarly journals Input use under cost‐of‐production crop insurance: Theory and evidence

2020 ◽  
Vol 51 (3) ◽  
pp. 343-357
Author(s):  
Juan He ◽  
Xiaoyong Zheng ◽  
Roderick Rejesus ◽  
Jose Yorobe
Keyword(s):  
Crop Insurance ◽  
Input Use ◽  
Cost Of Production

scholarly journals Input Use under Crop Insurance: The Role of Actual Production History

2018 ◽  
Vol 100 (5) ◽  
pp. 1469-1485 ◽  
Author(s):  
Taro Mieno ◽  
Cory G. Walters ◽  
Lilyan E. Fulginiti
Keyword(s):  
Crop Insurance ◽  
Actual Production ◽  
Input Use ◽  
Production History

Input Use and Productivity across Farm Sizes: A Comparison of the Two Punjabs

1988 ◽  
Vol 27 (4II) ◽  
pp. 595-604 ◽  
Author(s):  
Eshya Mujahid Mukhtar ◽  
Hanid Mukhtar
Keyword(s):  
Agricultural Practices ◽  
Distribution Networks ◽  
Climatic Conditions ◽  
Government Policies ◽  
Economic Costs ◽  
Land Distribution ◽  
Input Use ◽  
Policy Measures ◽  
Ideal Framework ◽  
Productivity Gains

Agricultural production depends upon certain crucial inputs e.g., water, fertilizer etc. In the less developed regions of South Asia in general, and the indo-Pakistan sub-continent in particular, the use of these inputs depends not only upon the financial affordability but also upon the institutional accessibility of farmers to these inputs. Besides high economic costs, bureaucratic controls and corruption regarding the distribution of inputs have created problems of limited accessibility, especially to the small farmers. In the absence of any credit, information and/or input distribution networks, the use of these inputs, and related productivity gains, become confined to that class of farmers which not only has better access to these inputs but is capable of using them in the best possible way e.g. use of water and fertilizer in the appropriate amount and at the appropriate time. This paper attempts to study how input use and input productivity vary across farm sizes, with some reference to the infrastructural and institutional factors, whose development play an important role in improving the distribution and productivity of inputs. For such an analysis, a comparison of the two Punjabs i.e. Pakistani and Indian Punjabs, presents an ideal framework, Separated by a national boundary since 1947, the two Punjabs enjoy a common history and culture, similar agricultural practices and agro-climatic conditions, Government policies in the two Punjabs, however, have not only differed between the two provinces at the same time, but also over time in the same province. It may be noted that due to certain policy measures, land distribution, tenancy conditions, promotion of agricultural co-operatives and provision of infrastructural features, such as roads and electricity, are relatively more improved in Indian than Pakistani Punjab.

Technical and Chemical Input Use Efficiencies of Small-Scale Sugarcane Growers: A Case of Northern KwaZulu-Natal

2019 ◽  
Vol 14 (2) ◽  
pp. 127-147
Author(s):  
Mushoni Bulagi ◽  
◽  
Irrshad Kaseeram ◽  
Devi Datt Tewari ◽  
◽  
...  
Keyword(s):  
Small Scale ◽  
Input Use ◽  
Kwazulu Natal

An Economic Analysis of Tomato Production in South Gujarat

2020 ◽  
pp. 161-164
Keyword(s):  
Crop Insurance ◽  
Sampling Technique ◽  
Economic Viability ◽  
Production Economics ◽  
Net Income ◽  
Insurance Scheme ◽  
Tomato Production ◽  
Input Ratio ◽  
Selection Of ◽  
High Output

ABSTRACT The study was conducted in South Gujarat for examining the production economics of tomato in the study area. Multistage random sampling technique was employed for the selection of 120 tomato farmers from Kaparada, Mandvi and Vyara talukas of Valsad, Surat and Tapi district, respectively. The net income of 1.57 lakh/ha showed the economic viability of the crop in the study area with a high output-input ratio of 3.25. It was suggested that the timely supply of credit and crop insurance scheme could further encourage growers for tomato production.

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