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文章基本信息

  • 标题:The Impact of Pasture Insurance on Farmland Values
  • 本地全文:下载
  • 作者:Ifft, Jennifer ; Wu, Shang ; Kuethe, Todd
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2014
  • 卷号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:This 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.
  • 关键词:farmland values;insurance;June Area Survey
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