Appendix II to: Crop Insurance Savings Accounts: A Viable Alternative to Crop Insurance?
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
Given the procedures to be followed in this research, time series of price and yield realizations
that are representative of what farmers might face in future years are needed to evaluate the
feasibility of the proposed CISA. Reliable parametric estimates of future price and yield
distributions are required to generate those realizations and sufficiently long historical price and
yield time series are necessary in order to estimate those distributions. While long time series are
available for most major commodity prices, multi-decade farm-level yield records are not as
common. Fortunately, the University of Illinois Endowment Farms project has been collecting
such records from 26 different “representative” corn producers during the last 50 years.
Therefore, the “test-of-concept” analyses presented in this article are conducted for the specific
case of corn producers in the State of Illinois.
Appendix II to article published in Applied Economic Perspectives and Policy
Appendix II to article published in Applied Economic Perspectives and Policy