STAX Appeal?

Lauriane Yehouenou, Barry J. Barnett, Ardian Harri, Keith H. Coble

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

The Stacked Income Protection Plan (STAX) county-level insurance product is analyzed for cotton producers in Texas. In contrast to studies based on representative farms, this analysis uses actual farm-level yield data, which allows one to observe the heterogeneity of STAX effectiveness across farms in a county. The findings indicate that, for most farms, STAX is not a very effective alternative to farm-level crop insurance. However, contrary to observed behavior, the findings suggest that many cotton producers in Texas would benefit from using STAX as a complement to their farm-level crop insurance.

Original languageEnglish
Pages (from-to)563-584
Number of pages22
JournalApplied Economic Perspectives and Policy
Volume40
Issue number4
DOIs
StatePublished - Dec 2018

Bibliographical note

Publisher Copyright:
© The Author(s) 2018. Published by Oxford University Press on behalf of the Agricultural and Applied Economics Association. All rights reserved.

Keywords

  • Cotton
  • Crop insurance
  • Revenue Protection
  • Stacked Income Protection Plan

ASJC Scopus subject areas

  • Development
  • Economics and Econometrics

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