Risk response in agriculture

Jeffrey T LaFrance, Rulon D Pope, Jesse B Tack

Research output: Chapter in Book/Report/Conference proceedingChapter (Book)Researchpeer-review

Abstract

Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs--created to support farmers but often benefiting crop processors instead--the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.
Original languageEnglish
Title of host publicationThe Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies
EditorsJoshua S Graff Zivin, Jeffrey M Perloff
Place of PublicationChicago IL USA
PublisherThe University of Chicago Press
Pages143 - 186
Number of pages44
ISBN (Print)9780226988030
Publication statusPublished - 2012
Externally publishedYes

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