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/lp/emerald-publishing/adoption-of-crop-versus-revenue-insurance-a-farmlevel-analysis-j0dFmiiq3U
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0002-1466
- DOI
- 10.1108/00215050380001146
- Publisher site
- See Article on Publisher Site
Abstract
This research examines factors influencing the adoption of crop and revenue insurance. This is accomplished by estimating a multinomial logit model of insurance choices facing U.S. farmers. Results indicate significant differences in the probabilities of adoption of each insurance plan. The levels of selected explanatory variables, such as operators education level, debttoasset ratio, offfarm income, soil productivity, participation in production and marketing contracts, and type of farm ownership, appear to be the determinants of the probability of having adopted each insurance plan.
Journal
Agricultural Finance Review – Emerald Publishing
Published: Nov 1, 2003