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• W2055976128 abstract "Abstract This paper examines how crop insurance affects corn farmers' fertilizer and pesticide use in the U.S. Midwest. Crop insurance might be expected to affect chemical use because of “moral hazard”; insured farmers may undertake riskier production than do uninsured farmers. Results suggest that insurance exerts considerable influence on corn farmers' chemical use decisions. Those purchasing insurance applied significantly more nitrogen per acre (19%), spent more on pesticides (21%), and treated more acreage with both herbicides and insecticides (7% and 63%) than did those not purchasing insurance. These results suggest that both fertilizer and pesticides may be risk‐increasing inputs." @default.
• W2055976128 created "2016-06-24" @default.
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• W2055976128 date "1993-11-01" @default.
• W2055976128 modified "2023-10-11" @default.
• W2055976128 title "Insurance, Moral Hazard, and Chemical Use in Agriculture" @default.
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• W2055976128 doi "https://doi.org/10.2307/1243980" @default.
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