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Revenue Insurance for Georgia and South Carolina Peaches

Опубликовано на портале: 21-11-2003
Journal of Agricultural and Applied Economics. 2000.  Vol. 32. No. 1. P. 123-132. 
We estimate actuarially fair premium rates for yield and revenue insurance for Georgia and South Carolina peaches. The premium rates for both products decrease at a decreasing rate as the mean farm-level yield increases. In general, the premium rate for revenue insurance exceeds the premium rate for yield insurance for a given coverage level and expected yield. Although the revenue and yield insurance rates differ in a statistical sense, they do not appear to differ in an economic sense except at high coverage levels for growers with very high yields.

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