Rent Dispersion In The Us Agricultural Insurance Industry
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Rent Dispersion In The Us Agricultural Insurance Industry
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Author : Smith, Vincent H.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-05-20
Rent Dispersion In The Us Agricultural Insurance Industry written by Smith, Vincent H. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-20 with Political Science categories.
A central, but inadequately explored issue with respect to subsidized crop insurance programs concerns the costs of delivering insurance coverage to farmers. This study examines that issue in the context of the heavily subsidized US crop insurance program which has often been put forward as a model for agricultural insurance programs in other countries. US Government programs often rely on private firms to deliver income transfers or services, which then establish their own rent-seeking lobbies, which are shared with input suppliers. This rent dispersion process is examined in the context of the U.S. agricultural insurance industry, which receives as much as one third of the annual subsidies that support the federal crop insurance program. We find that as total payments to insurance companies increased between 2001 and 2009, an increasingly large share of the agricultural insurance industry’s rents accrued to insurance agents, although in markets where insurance companies possessed some oligopsony power, agent payments are smaller. The findings also suggest that the insurance industry (companies and independent agents) would almost surely provide the same service for substantially less than the gross revenues from the subsidies and underwriting gains they received.
Agricultural Policy In Disarray
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Author : Vincent H. Smith
language : en
Publisher: Rowman & Littlefield
Release Date : 2018-12-13
Agricultural Policy In Disarray written by Vincent H. Smith and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-13 with Political Science categories.
Agricultural Policy in Disarray provides fascinating, detailed, and contemporary evidence of how rent-seeking by small, well-organized interest groups results in government policies that do little good and much harm.
United States Agricultural Policy
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Author : Glauber, Joseph W.
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-07-20
United States Agricultural Policy written by Glauber, Joseph W. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-20 with Political Science categories.
This paper examines the development of US agricultural policy and considers how it has affected US consumers and producers, as well as how US programs affect foreign producers and consumers within the context of the United States’ obligations under the World Trade Organization. Throughout its history, the United States has supported the farm sector through a myriad of policies affecting prices, production, and farm incomes. Although many of the policies put in place during the New Deal legislation in the 1930s were seen as temporary at the time, most have persisted in one form or another to the present day. And while many would argue that the form and function of today’s agricultural programs are less distortionary than before, the level of support provided to the sector is several billion dollars annually.
World Agricultural Resources And Food Security
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Author : Andrew Schmitz
language : en
Publisher: Emerald Group Publishing
Release Date : 2017-07-26
World Agricultural Resources And Food Security written by Andrew Schmitz and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-26 with Business & Economics categories.
This volume analyzes food security issues such as agricultural policy, global agricultural trade, international agricultural research and development, biotechnology, climate change, food waste, and nutrition guidelines.
Advances In Spatial And Economic Modeling Of Disaster Impacts
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Author : Yasuhide Okuyama
language : en
Publisher: Springer Nature
Release Date : 2019-11-08
Advances In Spatial And Economic Modeling Of Disaster Impacts written by Yasuhide Okuyama and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-08 with Business & Economics categories.
This book presents essential advances in analytical frameworks and tools for modeling the spatial and economic impacts of disasters. In the wake of natural disasters, such as Hurricane Katrina, the Haiti Earthquake, and the East Japan Earthquake and Tsunami, as well as major terrorist attacks, the book analyzes disaster impacts from various perspectives, including resilience, space-time extensions, and decision-making strategies, in order to better understand how and to what extent these events impact economies and societies around the world. The contributing authors are internationally recognized experts from various disciplines, such as economics, geography, planning, regional science, civil engineering, and risk management. Thanks to the insights they provide, the book will benefit not only researchers in these and related fields, but also graduate students, disaster management professionals, and other decision-makers.
The Effects Of Farm And Food Policy On Obesity In The United States
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Author : Julian M. Alston
language : en
Publisher: Springer
Release Date : 2017-07-18
The Effects Of Farm And Food Policy On Obesity In The United States written by Julian M. Alston and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-18 with Business & Economics categories.
This book uses an economic framework to examine the consequences of U.S. farm and food policies for obesity, its social costs, and the implications for government policy. Drawing on evidence from economics, public health, nutrition, and medicine, the authors evaluate past and potential future roles of policies such as farm subsidies, public agricultural R&D, food assistance programs, taxes on particular foods (such as sodas) or nutrients (such as fat), food labeling laws, and advertising controls. The findings are mostly negative—it is generally not economic to use farm and food policies as obesity policy—but some food policies that combine incentives and information have potential to make a worthwhile impact. This book is accessible to advanced undergraduate and graduate students across the sciences and social sciences, as well as to decision-makers in the public, private, and not-for-profit sectors. Winner of the Quality of Research Discovery Award from the Australasian Agricultural and Resource Economics Society.
Can Labor Market Imperfections Explain Changes In The Inverse Farm Size Productivity Relationship
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Author : Deininger, Klaus
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-06-24
Can Labor Market Imperfections Explain Changes In The Inverse Farm Size Productivity Relationship written by Deininger, Klaus and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-24 with Political Science categories.
To understand whether and how inverse relationship between farm size and productivity changes when labor market performance improves, we use large national farm panel from India covering a quarter-century (1982, 1999, 2008) to show that the inverserelationship weakened significantly over time, despite an increase in the dispersion of farm sizes. A key reason was the substitution of capital for labor in response to nonagricultural labor demand. In addition, family labor wasmore efficient than hired labor in the 1982–1999 period, but not during the 1999–2008period.In line with labor market imperfections as a key factor, separability of labor supply and demand decisions cannot be rejected in the second period,except in villages with very low nonagricultural labor demand.
Market Integration And Price Transmission In Tajikistan S Wheat Markets
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Author : Ilyasov, Jarilkasin
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-08-05
Market Integration And Price Transmission In Tajikistan S Wheat Markets written by Ilyasov, Jarilkasin and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-05 with Political Science categories.
The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have examined these issues for countries in Central Asia, however. This paper aims to fill this gap by examining wheat market integration and price transmission in Tajikistan, the most food-insecure country in Central Asia. In particular, in this study we measure how well wheat market prices in Tajikistan are integrated with international and regional markets, as well as domestically with each other. Subsequently, we assess the nature of price transmission between these markets. Using horizontal price transmission analysis and asymmetric price relationships, a.k.a. rockets and feathers, we demonstrate how prices change in peripheral food-shortage markets compared to markets located in zones with abundant local production.
Agricultural Inputs Policy Under Macroeconomic Uncertainty
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Author : Resnick, Danielle
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-08-26
Agricultural Inputs Policy Under Macroeconomic Uncertainty written by Resnick, Danielle and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-26 with Political Science categories.
Ghana’s Fertilizer Subsidy Programme (GFSP) was initiated in 2008 in response to the global food and fuel price crisis. Although initially intended to be a temporary measure that became increasingly expensive as Ghana’s macroeconomy deteriorated, farmers, civil society organizations, and politicians began to expect the subsidy on an annual basis. This paper applies the kaleidoscope model for agricultur and food security policy change to the case of GFSP. In doing so, it uses a variety of analytical tools to highlight how many of the weak outcomes of GFSP can be attributed to the nature of the broader policy process that has surrounded GFSP as well as the underlying political and institutional context in which policy making occurs in Ghana. Based on semi-structured interviews conducted with knowledgeable stakeholders spanning the government, donor, civil society, and research communities, the paper identifies the bottlenecks that need to be addressed if the program is to be more effective in the future.
Impacts Of Caadp On Africa S Agricultural Led Development
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Author : Benin, Samuel
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2016-09-02
Impacts Of Caadp On Africa S Agricultural Led Development written by Benin, Samuel and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-02 with Political Science categories.
This paper uses panel data on 46 African countries from 2001 to 2014 to estimate the impacts of the Comprehensive Africa Agriculture Development Programme (CAADP), an agriculture-led integrated framework of development priorities in Africa, on agricultural expenditure and productivity, income, and nutrition. A difference-in-difference treatment-effects model (based on when a CAADP compact is signed and the level of CAADP implementation reached) and different estimation methods and model specifications are used. The results show that CAADP has had a positive impact on agricultural value-added and land and labor productivity. The impact on agriculture expenditure is generally negative, suggesting that there is a substitution effect between the government’s own funding and external sources of funding for the sector. The estimated impact on income and nutrition is generally insignificant. There are some puzzling results from the interaction between specific period of compact signing and level of implementation reached. Implications for maintaining the positive impacts, as well as for further research to understand the puzzling results, are discussed.