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A rangeland grasshopper insurance program

The incidence of benefits and costs from controlling rangeland grasshoppers on public grazing lands poses problems of economic efficiency and distributional equity. Public grasshopper control programs operate like public disaster assistance. However, grasshopper infestations are an insurable risk. T...

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Bibliographic Details
Published in:Journal of agricultural and resource economics 1995-12, Vol.20 (2), p.291-300
Main Authors: Skold, M.D. (Colorado State University.), Davis, R.M
Format: Article
Language:English
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Summary:The incidence of benefits and costs from controlling rangeland grasshoppers on public grazing lands poses problems of economic efficiency and distributional equity. Public grasshopper control programs operate like public disaster assistance. However, grasshopper infestations are an insurable risk. This article proposes a rangeland grasshopper insurance program which reduces the economic inefficiencies and distributional inequities of the existing program.
ISSN:1068-5502
2327-8285
DOI:10.22004/ag.econ.30765