Simultaneous Analysis of Insurance Participation and Acreage Response from Subsidized Crop Insurance for Cotton
US crop insurance is subsidized to encourage producers to participate and reduce their risk exposure. However, what has been the impact of these subsidies on insurance demand and crop acres planted? Using a simultaneous system of two equations, we quantify both insurance participation and acreage re...
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Main Authors: | , |
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Format: | article |
Language: | EN |
Published: |
MDPI AG
2021
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Subjects: | |
Online Access: | https://doaj.org/article/414fc1ef1106465cad0588815937d56f |
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