Study Results from Ohio State University in the Area of Crop Insurance Reported (Farm Heterogeneity and Leveraging Federal Crop Insurance for Conservation Practice Adoption): Agriculture – Crop Insurance

2024 FEB 08 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on Agriculture - Crop Insurance. According to news reporting out of Columbus, Ohio, by NewsRx editors, research stated, “Current and proposed policies aim to leverage the Federal Crop Insurance Program (FCIP) to promote conservation practices. This study uses corn farm-level survey data to inform the effectiveness of targeting FCIP participants.”

Financial support for this research came from Environmental Defense Fund.

Our news journalists obtained a quote from the research from Ohio State University, “We implement an unsupervised machine learning algorithm to assess what conservation practices are most common among participants. We find that farms that use crop insurance have higher adoption rates for practices that are generally profit-maximizing. We also calculate nitrogen balance, a yield-scaled measure of nitrogen fertilizer’s potential environmental impact.”

According to the news editors, the research concluded: “We find a positive relationship between crop insurance and nitrogen balance closer to the optimum.”

This research has been peer-reviewed.

For more information on this research see: Farm Heterogeneity and Leveraging Federal Crop Insurance for Conservation Practice Adoption. Applied Economic Perspectives and Policy, 2024. Applied Economic Perspectives and Policy can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Oxford University Press - http://www.oup.com/; Applied Economic Perspectives and Policy - aepp.oxfordjournals.org)

Our news journalists report that additional information may be obtained by contacting Margaret Jodlowski, Ohio State University, Dept Agr Environm & Dev Econ, Columbus, OH, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/aepp.13407. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

(Our reports deliver fact-based news of research and discoveries from around the world.)