Opportunity Costs, Share Leasing, And Prevented Planting Claims In Crop Insurance

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Rejesus, Roderick M, Escalante, Cesar L, Cross, Mike H
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2003
• Subjects: Crop insurance; Leasing; Opportunity costs

This paper determines whether the opportunity costs of share leasing and the share amounts of farmers/tenants affect the likelihood of submitting a prevented planting claim. Results from our probit analysis shows that lower opportunity costs of share leasing and higher farmer/tenant share amount can...