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Title:The impact of crop insurance participation on farmers' use of marketing contracts
Author(s):Li, Li
Advisor(s):Kirwan, Barrett E.
Department / Program:Agr & Consumer Economics
Discipline:Agricultural & Applied Econ
Degree Granting Institution:University of Illinois at Urbana-Champaign
Degree:M.S.
Genre:Thesis
Subject(s):Marketing Contract
Crop Insurance
Impact
Endogeneity
Instrument
Abstract:This thesis investigates the impact of crop insurance participation on farmers’ use of marketing contracts. Both the decisions of adopting a marketing contract and the quantity placed under contract are examined. A preliminary estimation is first performed using the OLS approach. To address the potential endogeneity problem of crop insurance participation, an instrumental variable is introduced and a 2SLS approach is employed to conduct a farm-level analysis. Results suggest a negative impact of crop insurance participation on marketing contract adoption, while the fraction of production contracted is positively affected by the participation in crop insurance.
Issue Date:2013-08-22
URI:http://hdl.handle.net/2142/45571
Rights Information:Copyright 2013 Li Li
Date Available in IDEALS:2013-08-22
2015-08-22
Date Deposited:2013-08


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