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Effects of Disaster Assistance on Multiple Peril Crop Insurance Purchases by Iowa Crop Farmers

Author

Listed:
  • Edelman, Mark A.
  • Schmiesing, Brian H.
  • Khajasteh, Khosrow
Abstract
Logit regression was used to used to explain 1989 Multiple Peril Crop Insurance CMPCI) purchase decisions by Iowa crop farmers. The primary explanatory factor was whether MPCI had been purchased in 1988. Disaster payments and expectations that government would pass future disaster legislation were also found to reduce MPCI purchases.

Suggested Citation

  • Edelman, Mark A. & Schmiesing, Brian H. & Khajasteh, Khosrow, 1990. "Effects of Disaster Assistance on Multiple Peril Crop Insurance Purchases by Iowa Crop Farmers," 1990 Annual meeting, August 5-8, Vancouver, Canada 271048, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea90:271048
    DOI: 10.22004/ag.econ.271048
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    References listed on IDEAS

    as
    1. Robert P. King & George E. Oamek, 1983. "Risk Management by Colorado Dryland Wheat Farmers and the Elimination of the Disaster Assistance Program," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(2), pages 247-255.
    2. Jeffery R. Williams, 1988. "A Stochastic Dominance Analysis of Tillage and Crop Insurance Practices in a Semiarid Region," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(1), pages 112-120.
    3. Jerry R. Skees & Michael R. Reed, 1986. "Rate Making for Farm-Level Crop Insurance: Implications for Adverse Selection," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 653-659.
    4. Zering, Kelly D. & McCorkle, C.O., Jr. & Moore, Charles V., 1987. "The Utility Of Multiple Peril Crop Insurance For Irrigated, Multiple-Crop Agriculture," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 12(1), pages 1-10, July.
    5. Leatham, David J. & McCarl, Bruce A. & Richardson, James W., 1987. "Implications of Crop Insurance for Farmers and Lenders," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 19(2), pages 113-120, December.
    6. Carl H. Nelson & Edna T. Loehman, 1987. "Further Toward a Theory of Agricultural Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 523-531.
    7. Dismukes, Robert & Allen, P. Geoffrey & Morzuch, Bernard J., 1989. "Participation In Multiple-Peril Crop Insurance: Risk Assessments And Risk Preferences Of Cranberry Growers," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 18(2), pages 1-9, October.
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    Cited by:

    1. Black, Dawn L. & Dorfman, Jeffrey H., 2000. "Identifying Farmer Characteristics Related To Crop Insurance Purchase Decisions," 2000 Annual meeting, July 30-August 2, Tampa, FL 21831, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Ashok Mishra & Barry Goodwin, 2006. "Revenue insurance purchase decisions of farmers," Applied Economics, Taylor & Francis Journals, vol. 38(2), pages 149-159.

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