Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122317963> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W3122317963 abstract "The Agricultural Risk Protection Act (ARPA) has largely met its objectives of inducing farmers to increase their use of the crop insurance program. Both insured acreage and coverage levels have increased dramatically in response to ARPA's large increase in premium subsidies. An unintended consequence of the larger subsidies is a dramatic increase in the incentive for farmers to insure their crops under optional units, that is, insurance at the field level rather than at the farm or crop level. The expected rate of return to farmers who choose to invest additional premium dollars to move to optional unit coverage ranges from a low of 61 percent at the 85 percent coverage level to 144 percent at the 65 percent coverage level. This explains why the majority of farmers choose optional unit coverage even though the alternative unit structures provide identical insurance guarantees at a substantially lower cost. We consider two policy options to eliminate the unintended consequences of ARPA subsidies. The first would simply eliminate the ability of farmers to insure their crops under optional units. This change would save taxpayers more than $300 million (if 90 percent of current acreage is insured under optional units) and would not decrease the insurance guarantee of any farmer. However, transfers to farmers, crop insurance companies, and crop insurance agents would all fall under this policy option, decreasing its political attractiveness. The second alternative would decouple per-acre premium subsidies from a farmer's choice of unit coverage. Farmers would benefit from the ability to capture all the premium savings that would occur as they move to other unit structures. It is likely that there is a level of decoupled subsidy that would make both farm groups and taxpayers better off. Splitting farm groups off the blocking coalition increases the likelihood of acceptance of this proposal. Program integrity would be increased by dramatically increasing the incremental cost of farmers insuring their crops under optional units." @default.
- W3122317963 created "2021-02-01" @default.
- W3122317963 creator A5087635122 @default.
- W3122317963 creator A5088331933 @default.
- W3122317963 date "2005-01-01" @default.
- W3122317963 modified "2023-09-26" @default.
- W3122317963 title "ARPA Subsidies, Unit Choice, and Reform of the U.S. Crop Insurance Program" @default.
- W3122317963 hasPublicationYear "2005" @default.
- W3122317963 type Work @default.
- W3122317963 sameAs 3122317963 @default.
- W3122317963 citedByCount "0" @default.
- W3122317963 crossrefType "posted-content" @default.
- W3122317963 hasAuthorship W3122317963A5087635122 @default.
- W3122317963 hasAuthorship W3122317963A5088331933 @default.
- W3122317963 hasConcept C118518473 @default.
- W3122317963 hasConcept C122637931 @default.
- W3122317963 hasConcept C144133560 @default.
- W3122317963 hasConcept C145420912 @default.
- W3122317963 hasConcept C162324750 @default.
- W3122317963 hasConcept C175444787 @default.
- W3122317963 hasConcept C18903297 @default.
- W3122317963 hasConcept C2777802595 @default.
- W3122317963 hasConcept C29122968 @default.
- W3122317963 hasConcept C33923547 @default.
- W3122317963 hasConcept C34447519 @default.
- W3122317963 hasConcept C37621935 @default.
- W3122317963 hasConcept C39432304 @default.
- W3122317963 hasConcept C48824518 @default.
- W3122317963 hasConcept C84265765 @default.
- W3122317963 hasConcept C86803240 @default.
- W3122317963 hasConceptScore W3122317963C118518473 @default.
- W3122317963 hasConceptScore W3122317963C122637931 @default.
- W3122317963 hasConceptScore W3122317963C144133560 @default.
- W3122317963 hasConceptScore W3122317963C145420912 @default.
- W3122317963 hasConceptScore W3122317963C162324750 @default.
- W3122317963 hasConceptScore W3122317963C175444787 @default.
- W3122317963 hasConceptScore W3122317963C18903297 @default.
- W3122317963 hasConceptScore W3122317963C2777802595 @default.
- W3122317963 hasConceptScore W3122317963C29122968 @default.
- W3122317963 hasConceptScore W3122317963C33923547 @default.
- W3122317963 hasConceptScore W3122317963C34447519 @default.
- W3122317963 hasConceptScore W3122317963C37621935 @default.
- W3122317963 hasConceptScore W3122317963C39432304 @default.
- W3122317963 hasConceptScore W3122317963C48824518 @default.
- W3122317963 hasConceptScore W3122317963C84265765 @default.
- W3122317963 hasConceptScore W3122317963C86803240 @default.
- W3122317963 hasLocation W31223179631 @default.
- W3122317963 hasOpenAccess W3122317963 @default.
- W3122317963 hasPrimaryLocation W31223179631 @default.
- W3122317963 hasRelatedWork W1488523132 @default.
- W3122317963 hasRelatedWork W1503738599 @default.
- W3122317963 hasRelatedWork W1534665236 @default.
- W3122317963 hasRelatedWork W1585231467 @default.
- W3122317963 hasRelatedWork W1966280808 @default.
- W3122317963 hasRelatedWork W2010806561 @default.
- W3122317963 hasRelatedWork W2059883375 @default.
- W3122317963 hasRelatedWork W2178264678 @default.
- W3122317963 hasRelatedWork W2227164454 @default.
- W3122317963 hasRelatedWork W2251036750 @default.
- W3122317963 hasRelatedWork W2256614351 @default.
- W3122317963 hasRelatedWork W2261684661 @default.
- W3122317963 hasRelatedWork W2286659594 @default.
- W3122317963 hasRelatedWork W2517691369 @default.
- W3122317963 hasRelatedWork W2936836524 @default.
- W3122317963 hasRelatedWork W3047002357 @default.
- W3122317963 hasRelatedWork W3123995120 @default.
- W3122317963 hasRelatedWork W3125106900 @default.
- W3122317963 hasRelatedWork W3151369650 @default.
- W3122317963 hasRelatedWork W3122377921 @default.
- W3122317963 isParatext "false" @default.
- W3122317963 isRetracted "false" @default.
- W3122317963 magId "3122317963" @default.
- W3122317963 workType "article" @default.