Cover crops, crop insurance losses, and resilience to extreme weather events (Record no. 134198)
[ view plain ]
000 -LEADER | |
---|---|
fixed length control field | 02282nam a2200253Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 241008s9999||||xx |||||||||||||| ||und|| |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 1467-8276 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Aglasan, Serkan |
9 (RLIN) | 122039 |
245 #0 - TITLE STATEMENT | |
Title | Cover crops, crop insurance losses, and resilience to extreme weather events |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | American Journal of Agricultural Economics |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1410-1434 |
520 ## - SUMMARY, ETC. | |
Abstract | This study investigates whether cover crop adoption reduces extreme-weather-related crop insurance losses. To achieve this objective, we utilize a county-level panel data set with information on cover crop adoption acres, crop insurance losses (i.e., specifically due to drought, excess heat, or excess moisture), and a number of weather variables. The data cover the main row crop production region in the Midwestern United States (US) for the period 2005 to 2018. We utilize linear fixed effects econometric models and a number of robustness checks in the empirical analysis (i.e., a fractional regression approach, two "external-instrument-free" estimation procedures, and a variety of alternative empirical specifications). The estimation methods used take advantage of the panel nature of the data to address various specification and endogeneity issues. We find evidence that counties with higher cover crop adoption tend to have lower crop insurance losses due to drought, excess heat, or excess moisture. Our analysis also indicates that cover crops likely have stronger loss mitigation effects against excess moisture events (like floods) and somewhat weaker loss mitigation impacts against droughts and excess heat. Nonetheless, our results overall suggest that cover crops can enhance resilience to extreme weather events and have the potential to be an effective climate change adaptation strategy in US agriculture. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Cover Crops |
9 (RLIN) | 122040 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Crop Insurance Losses |
9 (RLIN) | 122041 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Kinky Least Squares |
9 (RLIN) | 122042 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Moment-based Instrumental Variable (IV) |
9 (RLIN) | 122043 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Panel Data |
9 (RLIN) | 120224 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Climate Change |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Hagen, Stephen |
9 (RLIN) | 122044 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Rejesus, Roderick M. |
9 (RLIN) | 122045 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Salas, William |
9 (RLIN) | 122046 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/ajae.12431">https://onlinelibrary.wiley.com/doi/abs/10.1111/ajae.12431</a> |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 134198 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dr VKRV Rao Library | Dr VKRV Rao Library | 08/10/2024 | Vol. 106, No. 4 | AI482 | 08/10/2024 | 08/10/2024 | Article Index |