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Cited by 263

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Designing and Rating an Area Yield Crop Insurance Contract

Skees, Jerry R., Black, J. Roy, Barnett, Barry J.·1997·American Journal of Agricultural Economics

Abstract

This article documents the design and rate‐making procedures used in the development of the Group Risk Plan (GRP)—the new federal crop insurance product that insures based on area yield. The authors of this article worked closely with personnel in the Federal Crop Insurance Corporation and others in developing methodological and practical constraints needed in implementing a workable area yield contract. GRP indemnity payments are made based on percentage shortfalls in actual county yields relative to a forecasted yield. Historical county yield data are used to develop forecasted yields and premium rates.

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Metadata

Authors
Skees, J. R., Black, J. R., & Barnett, B. J.
Venue
American Journal of Agricultural Economics
Publisher
Wiley
Published
1997-05
Volume
79
Issue
2
Pages
430-438
ISSN
  • 0002-9092 (ISSN-L)
  • 1467-8276
OpenAlex
W1971123613
Cited by
263
References
0
FWCI
25.08
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Designing and Rating an Area Yield Crop Insurance Contract. https://app.cochat.ai/papers/10.2307/1244141
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Skees, J. R., Black, J. R., & Barnett, B. J. (1997). Designing and Rating an Area Yield Crop Insurance Contract. American Journal of Agricultural Economics. https://doi.org/10.2307/1244141

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.