SCC76: Economics and Management of Risk in Agriculture and Natural Resources

(Multistate Research Coordinating Committee and Information Exchange Group)

Status: Active

SAES-422 Reports

06/01/2021

Anand, Mohit, Ruiqing Miao, and Madhu Khanna. 2019. Adopting Bioenergy Crops: Does Farmers’ Attitude toward Loss Matter? Agricultural Economics 50(4):435-450.


Bekkerman, A., Belasco, E.J. and Smith, V.H., 2019. Does farm size matter? Distribution of crop insurance subsidies and government program payments across US farms. Applied Economic Perspectives and Policy, 41(3), pp.498-518.


Belasco, E.J., Cooper, J. and Smith, V.H., 2020. The Development of a Weather‐based Crop Disaster Program. American Journal of Agricultural Economics, 102(1), pp.240-258.


Belasco, E. and Schahczenski, J., 2021. Is organic farming risky? An evaluation of WFRP in organic and conventional production systems. Agricultural and Resource Economics Review, 50(1), pp.63-75.


Cho, W., and B.W. Brorsen. 2021. Evaluation of RI-PRF Crop Insurance Program Design. Journal of Agricultural and Resource Economics. Forthcoming.


Goodrich, B.K. and Goodhue, R.E., 2020. Are All Colonies Created Equal? The Role of Honey Bee Colony Strength in Almond Pollination Contracts. Ecological Economics, 177, p.106744.


Goodrich, B., Yu, J. and Vandeveer, M., 2020. Participation patterns of the rainfall index insurance for pasture, rangeland and forage programme. The Geneva Papers on Risk and Insurance-Issues and Practice, 45(1), pp.29-51.


He, J., Zheng, X., Rejesus, R. and Yorobe Jr, J., 2020. Input use under cost‐of‐production crop insurance: Theory and evidence. Agricultural Economics, 51(3), pp.343-357.


Kim, Y., Yu, J. and Pendell, D.L., 2020. Effects of crop insurance on farm disinvestment and exit decisions. European Review of Agricultural Economics, 47(1), pp.324-347.


Malikov, Emir, Ruiqing Miao, and Jingfang Zhang. 2020. Distributional and Temporal Heterogeneity in the Climate Change Effects on U.S. Agriculture. Journal of Environmental Economics and Management 104:1-10. 


Miao, Ruiqing. 2020. Climate, Insurance, and Innovation: The Case of Drought and Innovations in Drought-Tolerant Traits in U.S. Agriculture. European Review of Agricultural Economics 47(5):1826-1860. 


Park, E., B.W. Brorsen, and A. Harri. 2019. Using Bayesian Kriging for Spatial Smoothing in Crop Insurance Rating. American Journal of Agricultural Economics. 101(1):330-351.


Park, E., B.W. Brorsen, and A. Harri. 2021. Spatially Smoothed Crop Yield Density: Physical Distance vs Climate Similarity. Journal of Agricultural and Resource Economics. Forthcoming.


Park, S., Goodwin, B.K., Zheng, X. and Rejesus, R.M., 2020. Contract elements, growing conditions, and anomalous claims behaviour in US crop insurance. The Geneva Papers on Risk and Insurance-Issues and Practice, 45(1), pp.157-183.


Perry, E.D., Yu, J. and Tack, J., 2020. Using insurance data to quantify the multidimensional impacts of warming temperatures on yield risk. Nature communications, 11(1), pp.1-9.


Ramsey, A.F., 2020. Probability distributions of crop yields: A bayesian spatial quantile regression approach. American Journal of Agricultural Economics, 102(1), pp.220-239.


Ramsey, A.F., Ghosh, S.K. and Goodwin, B.K., 2020. Rating exotic price coverage in crop revenue insurance. Agricultural Finance Review.


ShalekBriski, A., B.W. Brorsen, J. Rogers, J.T. Biermacher, D.A. Marburger, and J. Edwards. 2020. Design of the Rainfall Index Annual Forage Program. Agricultural Finance Review


Shee, A., Turvey, C.G. and Marr, A., 2021. Heterogeneous Demand and Supply for an Insurance‐linked Credit Product in Kenya: A Stated Choice Experiment Approach. Journal of Agricultural Economics, 72(1), pp.244-267.


Tsiboe, F. and Tack, J., 2021. Utilizing Topographic and Soil Features to Improve Rating for Farm-Level Insurance American Journal of Agricultural Economics.


Turvey, C.G., Carduner, A. and Ifft, J., 2020. Market microstructure and the historical relationship between the US farm credit system, farm service agency and commercial bank lending. Agricultural Finance Review.


Yu, Chengzheng, Ruiqing Miao, and Madhu Khanna. forthcoming. Maladaptation of U.S. Corn and Soybeans to a Changing Climate. Scientific Reports.


Yu, J. and Hendricks, N.P., 2020. Input Use Decisions with Greater Information on Crop Conditions: Implications for Insurance Moral Hazard and the Environment. American Journal of Agricultural Economics, 102(3), pp.826-845.


Yu, J., Sumner, D.A. and Lee, H., 2021. Premium rates and selection in specialty crop insurance markets: Evidence from the catastrophic coverage participation. Food Policy, 101, p.102079.


Wang, H.H., Liu, L., Ortega, D.L., Jiang, Y. and Zheng, Q., 2020. Are smallholder farmers willing to pay for different types of crop insurance? An application of labelled choice experiments to Chinese corn growers. The Geneva Papers on Risk and Insurance-Issues and Practice, 45(1), pp.86-110.

06/06/2022

Adkins, K., C.N. Boyer, S.A. Smith, A.P. Griffith, and A. Muhammad. 2020. “Analyzing Corn and Cotton Producers Optimal Prevented Planting Decision on Moral Hazard.” Agronomy Journal 112(3):2047-2057. (Link)


Boyer, C.N., and A.P. Griffith. 2021. “Livestock Risk Protection for Feeder Cattle during COVID-19.” Choices Quarter 4. (Link)


Boyer, C.N., A.P. Griffith, and K.L. DeLong. 2021. “Evaluating Optimal Purchasing and Selling Decisions of Beef Cattle Replacement Females.” Agricultural Finance Review 81(3):430-443. (Link)


Boyer, C.N., K. Burdine, J. Rhinehart, and C. Martinez. 2021. “Replacing Late Calving Beef Cows to Shorten Calving Season.” Journal of Agricultural and Resource Economics 43(2):228-241. (Link)


Boyer, C.N., K. Zechiel, P.D. Keyser, J. Rhinehart, and G. Bates. 2020. “Risk and Returns from Grazing Beef Cattle on Warm-Season Grasses in Tennessee” Agronomy Journal 112(1):301-308. (Link)


Boyer, C.N., A.P. Griffith, and K.L. DeLong. 2020. “Reproductive Failure and Long-Term Profitability of Spring and Fall Calving Beef Cows.” Journal of Agricultural and Resource Economics 45(1):78-91. (Link)


Bruhin, J., C. Trejo-Pech, C.N. Boyer, and S.A. Smith. 2022. “Profitability, Risk, and Cash Flow Deficit for Beginning Cow Calf Producers.” Agricultural Finance Review 82(1):1-19. (Link)


Campbell*, K., C.N. Boyer, D.M. Lambert, C.D. Clark, and S.A. Smith. 2021. “Risk, Cost-Share Payment, and Adoption of Cover Crops and No-Till.” Journal of Soil and Water Conservation 76(2):166-174. (Link)


Cai, Qingyin, et al. "The influence of past experience on farmers’ preferences for hog insurance products: a natural experiment and choice experiment in China." The Geneva Papers on Risk and Insurance-Issues and Practice 46.3 (2021): 399-421.


Davidson, K. and B. Goodrich. 2021. “Nudge to Insure: Can Informational Nudges Change Enrollment Decisions in Pasture, Rangeland, and Forage Rainfall Index Insurance?” Applied Economics Policy and Perspectiveshttps://doi.org/10.1002/aepp.13215


Dizon, F. and Yu, J., 2021. Nudges versus subsidies: Experimental evidence on the demand for a nutritious food in India. Journal of Economic Behavior & Organization, 191, pp.1091-1111. https://doi.org/10.1016/j.jebo.2021.08.017


Pasaribu, K.N., L.H. Lambert, D.M. Lambert, B.C. English, C.D. Clark, C. M. Hellwinckel, C.N. Boyer, and A. Smith. 2021. “Profitability of Irrigating for Corn, Cotton, and Soybean under Projected Drought Scenarios.” Irrigation Science 39(3):315-328. (Link)


Tack, J. and Yu, J., 2021. Risk management in agricultural production. In Handbook of Agricultural Economics (Vol. 5, pp. 4135-4231). Elsevier. https://doi.org/10.1016/bs.hesagr.2021.10.004


Yu, J. and Goh, G., 2021. Estimating temperature impacts on perennial crop losses in California: Insights from insurance data. Applied Economic Perspectives and Policy. https://doi.org/10.1002/aepp.13222


 

06/02/2023

Chen, L., Rejesus, R.M., Aglasan, S., Hagen, S. and Salas, W., 2023. The impact of no‐till on agricultural land values in the United States Midwest. American Journal of Agricultural Economics, 105(3), pp.760-783.


Davidson, K.A. and Goodrich, B.K., 2023. Nudge to insure: Can informational nudges change enrollment decisions in pasture, rangeland, and forage rainfall index insurance?. Applied Economic Perspectives and Policy, 45(1), pp.534-554


Ghosh, P.N., Miao, R. and Malikov, E., 2021. Crop insurance premium subsidy and irrigation water withdrawals in the western United States. The Geneva Papers on Risk and Insurance-Issues and Practice, pp.1-25.


Hadachek, Jeffrey, Ma, Meilin, and Sexton, Richard J.. 2023. Market Structure and Resilience of Food Supply Chains under Extreme Events. American Journal of Agricultural Economics 1– 24. https://doi.org/10.1111/ajae.12393


Majeed, F., Khanna, M., Miao, R., Blanc‐Betes, E., Hudiburg, T. and DeLucia, E., 2023. Carbon mitigation payments can reduce the riskiness of bioenergy crop production. Journal of the Agricultural and Applied Economics Association.


Pinto, A.F., Goodrich, B.K., Kelley, W. and Runge, M., 2023. Price determinants of bred heifers: Do reputations matter?. Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie.


Tsiboe, F. and Tack, J., 2022. Utilizing Topographic and Soil Features to Improve Rating for Farm‐Level Insurance Products. American Journal of Agricultural Economics, 104(1), pp.52-69..


Tsiboe, F. and Turner, D., 2023. Econometric identification of crop insurance participation. Agricultural and Resource Economics Review, pp.1-22.


Turner, D. and Tsiboe, F., 2022. The crop insurance demand response to the Wildfire and Hurricane Indemnity Program Plus. Applied Economic Perspectives and Policy44(3), pp.1273-1292.


Wang, H.H., Liu, L., Ortega, D.L., Jiang, Y. and Zheng, Q., 2020. Are smallholder farmers willing to pay for different types of crop insurance? An application of labelled choice experiments to Chinese corn growers. The Geneva Papers on Risk and Insurance-Issues and Practice, 45, pp.86-110.


Wang, H.H., Tack, J.B. and Coble, K.H., 2020. Frontier studies in agricultural insurance. The Geneva Papers on Risk and Insurance-Issues and Practice, 45, pp.1-4.


Won, S., Rejesus, R.M., Goodwin, B.K. and Aglasan, S., 2023. Understanding the effect of cover crop use on prevented planting losses. American Journal of Agricultural Economics.


Yu, J. and Goh, G., 2022. Estimating temperature impacts on perennial crop losses in California: Insights from insurance data. Applied Economic Perspectives and Policy, 44(3), pp.1409-1423.


Yu, J., Goodrich, B. and Graven, A., 2022. Competing farm programs: Does the introduction of a risk management program reduce the enrollment in the Conservation Reserve Program?. Journal of the Agricultural and Applied Economics Association, 1(3), pp.320-333.

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