Authors
Harun Bulut
Publication date
2019/4/5
Issue
2217-2019-1647
Description
Purpose
The article examines the impact of policy change on enterprise unit subsidies that took place in 2009 on the quantity demanded for crop insurance.
Design/methodology/approach
The analysis covers corn, soybeans, and wheat that are grown in six economic regions and uses various measures of purchasing such as acres insured, unit structure, coverage levels, as well as crop hail use as proxies for the quantity demanded.
The analysis first employs time series econometric tools to analyze whether the time path of the share of enterprise units within buyup acres is influenced by the policy change in enterprise unit subsidies. It then comparatively examines the insurance experience between 2008 (right before the change) and 2015 (well after the change).
Findings
For corn, soybean, and wheat, the analysis establishes that the time path of the share of enterprise units within buyup coverage acres is statistically …
Total citations
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