Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program?
The successful expansion of the U.S. crop insurance program has not eliminated ad hoc disaster assistance. An alternative currently being explored by Congress in preparation of the 2008 farm bill is a standing disaster relief program. One form such a program could take can be found in the area insur...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Western Agricultural Economics Association
2008-08-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/42458 |
| _version_ | 1828443557348769792 |
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| author | Nicholas D. Paulson Bruce A. Babcock |
| author_facet | Nicholas D. Paulson Bruce A. Babcock |
| author_sort | Nicholas D. Paulson |
| collection | DOAJ |
| description | The successful expansion of the U.S. crop insurance program has not eliminated ad hoc disaster assistance. An alternative currently being explored by Congress in preparation of the 2008 farm bill is a standing disaster relief program. One form such a program could take can be found in the area insurance programs currently offered by the U.S. crop insurance program. Total per acre taxpayer costs of offering Group Risk Income Protection (GRIP) in Indiana, Illinois, and Iowa for corn and soybeans are estimated to have the ability to fund a country target revenue program at the 93% coverage level. |
| first_indexed | 2024-12-10T21:30:52Z |
| format | Article |
| id | doaj.art-ce5ba4e29dde42419d2cb3f397a1a5d2 |
| institution | Directory Open Access Journal |
| issn | 1068-5502 2327-8285 |
| language | English |
| last_indexed | 2024-12-10T21:30:52Z |
| publishDate | 2008-08-01 |
| publisher | Western Agricultural Economics Association |
| record_format | Article |
| series | Journal of Agricultural and Resource Economics |
| spelling | doaj.art-ce5ba4e29dde42419d2cb3f397a1a5d22022-12-22T01:32:48ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852008-08-0133213715310.22004/ag.econ.4245842458Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program?Nicholas D. PaulsonBruce A. BabcockThe successful expansion of the U.S. crop insurance program has not eliminated ad hoc disaster assistance. An alternative currently being explored by Congress in preparation of the 2008 farm bill is a standing disaster relief program. One form such a program could take can be found in the area insurance programs currently offered by the U.S. crop insurance program. Total per acre taxpayer costs of offering Group Risk Income Protection (GRIP) in Indiana, Illinois, and Iowa for corn and soybeans are estimated to have the ability to fund a country target revenue program at the 93% coverage level.https://ageconsearch.umn.edu/record/42458area insurancecommodity programscrop insurancefarm billgroup risk income protection |
| spellingShingle | Nicholas D. Paulson Bruce A. Babcock Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? Journal of Agricultural and Resource Economics area insurance commodity programs crop insurance farm bill group risk income protection |
| title | Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? |
| title_full | Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? |
| title_fullStr | Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? |
| title_full_unstemmed | Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? |
| title_short | Get a Grip: Should Area Revenue Coverage Be Offered through the Farm Bill or as a Crop Insurance Program? |
| title_sort | get a grip should area revenue coverage be offered through the farm bill or as a crop insurance program |
| topic | area insurance commodity programs crop insurance farm bill group risk income protection |
| url | https://ageconsearch.umn.edu/record/42458 |
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