Journal of Agricultural and Applied Economics
Actuarial Effects of Unit Structure in the U.S. Actual Production History Crop Insurance Program [статья]
Опубликовано на портале: 24-11-2003Thomas O. Knight, Keith H. Coble Journal of Agricultural and Applied Economics. 1999. Vol. 31. No. 3. P. 519-535.
This paper examines the effects of optional subdivision on APHP losses for wheat, corn, and soybeans. Thirty-seven state/crop programs are analyzed and the implications of the results are discussed in relation to newly developed crop and revenue insurance programs. The results illustrate the importance of incorporating actuarial experience into the premium rate structure and contract provisions of an insurance program.
Evaluating the Performance of Agricultural Bank Management: The Impact of State Regulatory Policies [статья]
Опубликовано на портале: 21-11-2003Bernard K.N. Armah, Timothy A. Park, C.A. Knox Lovell Journal of Agricultural and Applied Economics. 1999. Vol. 31. No. 3. P. 437-448.
We evaluate agricultural bank management performance, focusing on the impacts of interstate banking laws on productivity change. The generalized Malmquist productivity index decomposes productivity change into technological change, technical efficiency change, and change in scale economies. While managerial productivity rose from 1982 to 1991, states that adopted the most liberal interstate banking laws experienced the greatest improvement in productivity. Large agricultural banks were more efficient in states that had more liberalized interstate banking laws while small agricultural banks fared better in states with more restrictive laws.
Politics and Markets in the Articulation of Preferences for Attributes of the Rapidly Changing Food and Agricultural Sectors: Framing the Issues [статья]
Опубликовано на портале: 28-04-2005Charles W. Abdalla, James Shaffer Journal of Agricultural and Applied Economics. 1999. Vol. 29. No. 1. P. 57-71.
Industrialization of the food and agricultural sectors changes the pattern of external effects. Participants helped or harmed in the process attempt to influence outcomes through markets and politics. Decisions about property rights and boundaries determine benefits and burdens and the relative cost of animal agriculture in different jurisdictions. Prescriptions to redefine property rights are influenced by selective perception of rights to share in the benefits and be protected from costs. Political choices about the appropriate jurisdiction (state versus local) for addressing environmental and nuisance effects of animal agriculture affect whose preferences count and will influence the development of these sectors.
Опубликовано на портале: 21-11-2003Mark Petry, Philip L. Paarlberg, John G. Lee Journal of Agricultural and Applied Economics. 1999. Vol. 31. No. 3. P. 425-436.
The partial equilibrium model links the infection risk from imported products to a premium, which compensates the importing country for the risk incurred by allowing imports from infected countries. The model is applied to the Porcine Reproductive and Respiratory Syndrome (PRRS) and Mexican live swine imports. The premium is sensitive to the expected loss from a PRRS outbreak and to the magnitude of the risk. As the risk or severity of PRRS rises, so does the level of the barrier. If swine imports are categorized and appropriate restrictions applied, an acceptable level of disease protection can be achieved while improving national welfare.