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文章基本信息

  • 标题:The Effects of Crop Insurance Subsidies and Sodsaver on Land-Use Change
  • 本地全文:下载
  • 作者:Ruiqing Miao ; David A. Hennessy ; Hongli Feng
  • 期刊名称:Journal of Agricultural and Resource Economics
  • 印刷版ISSN:1068-5502
  • 出版年度:2016
  • 卷号:41
  • 期号:2
  • 页码:247-265
  • 出版社:WAEA
  • 摘要:It is well known that insurance market information asymmetry can cause socially excessivecropping of yield-risky land. We show that crop insurance subsidies can cause the same problemabsent information failures. Using field-level yield data, we find an inversed U-shaped relationshipbetween crop prices and crop insurance subsidies’ land-use impacts. For seventeen counties inthe U.S. Prairie Pothole Region, simulations show that 0.05% to 3.3% (about 2,600 to 157,900acres) of land under crop insurance would not have been converted from grassland had premiumsubsidies not existed. Land-use impacts of Sodsaver in the 2014 Farm Act are also quantified.
  • 关键词:copula; crop insurance; grassland; land use; Sodsaver; subsidy chasing
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