The Impact of Pasture Insurance on Farmland Values
| dc.creator | Ifft, Jennifer | |
| dc.creator | Wu, Shang | |
| dc.creator | Kuethe, Todd | |
| dc.date | 2017-04-01T17:34:23Z | |
| dc.date.accessioned | 2026-07-09T08:41:33Z | |
| dc.description | This study examines the impact of publicly supported insurance on agricultural land values. The analysis employs confidential, nationally representative panel data on field-level pastureland values and exploits a natural experiment provided by gradual introduction of the Pasture, Rangeland, and Forage Insurance Pilot Program. We use a field-level fixed-effects model that controls for several time-variant factors. We find that insurance availability is associated with an increase of at least 4 percent in pastureland values. This increase is comparable with increases generated by other government programs but is much smaller than total farmland value increases experienced in recent years. | |
| dc.identifier | doi:10.22004/ag.econ.190993 | |
| dc.identifier | https://ageconsearch.umn.edu/record/190993/files/ARER2014%2043x3%20Ifft.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/190993 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/601632 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/190993 | |
| dc.title | The Impact of Pasture Insurance on Farmland Values | |
| dc.type | Text |