Long Term Drivers Of Food And Nutrition Security

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Long-term drivers of food and nutrition security

Author : Laborde Debucquet, David
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4./5 ( download)

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Book Synopsis Long-term drivers of food and nutrition security by : Laborde Debucquet, David

Download or read book Long-term drivers of food and nutrition security written by Laborde Debucquet, David and published by Intl Food Policy Res Inst. This book was released on 2016-05-18 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2015 Global Hunger Index suggests that despite progress in reducing hunger worldwide, hunger levels in 52 of 117 countries in the 2015 Global Hunger Index remain “serious” or “alarming.” Since achieving and maintaining food and nutrition security (FNS) remains a goal for all countries, it is important to understand the individual, national, and global factors that affect FNS. This paper proposes an analytical framework to identify and analyze the respective roles of key long-term drivers of FNS. We start by identifying what the key variables affecting FNS are at the household and country level, and then we continue by defining what the main exogenous or endogenous drivers affecting these variables are. We discuss the key drivers of both aggregated food supply and demand and therefore their impact on prices. Specifically, for aggregated food demand, we discuss demographic factors, income growth, changes in dietary preferences, aggregated domestic distortions, and overall quality of the food system. With respect to the drivers of aggregated food supply, we discuss land available for food products and the drivers behind land availability, the share of waste/losses generated by the food system, and the normalized average yield. We define yield as the amount of nutrients produced by unit of land. It depends both on the physical yield of the crop or the livestock and on the quality of the food produced. It also can be affected by the changes in production patterns linked to the different dietary patterns of the consumers and by climate change. We emphasize the fact that in many cases, key drivers may have ambiguous effects on the FNS situation of different agents. For instance, more liberal trade policies will affect real income, terms of trade, demand and supply, returns of factors, foreign direct investments, and food prices and thus may lead to the improvement of the global-level FNS, that is, the FNS of the majority of the population. At the same time, more liberal trade policies may bring food insecurity to some households. Therefore, careful quantitative assessment is needed for each policy option. Finally, we propose a typology of variables that will help modelers adapt their models to study the different drivers through both direct and indirect effects.

Food Security and Nutrition

Author : Charis M. Galanakis
Publisher : Academic Press
ISBN 13 : 0128205210
Total Pages : 294 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Food Security and Nutrition by : Charis M. Galanakis

Download or read book Food Security and Nutrition written by Charis M. Galanakis and published by Academic Press. This book was released on 2020-11-02 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food and nutrition security - identified via availability, access, utilization, and stability - and transitions to sustainable food systems are major discourses in the agro-food arena, as many countries today experience different forms of malnutrition simultaneously, such as child undernutrition, anemia among women, and adult obesity. Meanwhile, the triple burden of malnutrition (undernutrition, overnutrition, and micronutrient deficiency) is still widespread. Food Security and Nutrition explores integrated, context-specific approaches to food security challenges, emphasizing nutrition security as an integral component and addressing the implications of food content to food and nutrition security policies. Providing insight into these challenges through agricultural, policy, nutritional, geographic and sustainability lenses, Food Security and Nutrition is a valuable reference for food scientists and nutrition researchers working in food supply, food security, and nutrition security, and policy makers, investors, and other decision-makers seeking to address food insecurity around the world. Addresses nutrition security as part of the overall challenge of food security Explores contributing factors that impact both food and nutrition security Presents insights into effective policy development and implementation

The State of Food Security and Nutrition in the World 2018

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
ISBN 13 : 9251305722
Total Pages : 302 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The State of Food Security and Nutrition in the World 2018 by : Food and Agriculture Organization of the United Nations

Download or read book The State of Food Security and Nutrition in the World 2018 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2018-09-14 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: New evidence this year corroborates the rise in world hunger observed in this report last year, sending a warning that more action is needed if we aspire to end world hunger and malnutrition in all its forms by 2030. Updated estimates show the number of people who suffer from hunger has been growing over the past three years, returning to prevailing levels from almost a decade ago. Although progress continues to be made in reducing child stunting, over 22 percent of children under five years of age are still affected. Other forms of malnutrition are also growing: adult obesity continues to increase in countries irrespective of their income levels, and many countries are coping with multiple forms of malnutrition at the same time – overweight and obesity, as well as anaemia in women, and child stunting and wasting.

Resilience for food and nutrition security

Author : Fan, Shenggen
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896296784
Total Pages : 230 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis Resilience for food and nutrition security by : Fan, Shenggen

Download or read book Resilience for food and nutrition security written by Fan, Shenggen and published by Intl Food Policy Res Inst. This book was released on 2014-10-28 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic shocks including food price shocks, environmental shocks, social shocks, political shocks, health shocks, and many other types of shocks hit poor people and communities around the world, compromising their efforts to improve their well-being. As shocks evolve and become more frequent or intense, they further threaten people’s food and nutrition security and their livelihoods. How do we help people and communities to become more resilient, to not only bounce back from shocks but to also to get ahead of them and improve their well-being so that they are less vulnerable to the next shock? How do we get better at coping with—and even thriving—in the presence of shocks?

Food Price Volatility and Its Implications for Food Security and Policy

Author : Matthias Kalkuhl
Publisher : Springer
ISBN 13 : 3319282018
Total Pages : 626 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Food Price Volatility and Its Implications for Food Security and Policy by : Matthias Kalkuhl

Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.

Nutrition Economics

Author : Suresh Babu
Publisher : Academic Press
ISBN 13 : 0128011505
Total Pages : 404 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Nutrition Economics by : Suresh Babu

Download or read book Nutrition Economics written by Suresh Babu and published by Academic Press. This book was released on 2016-11-02 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nutrition Economics: Principles and Policy Applications establishes the core criteria for consideration as new policies and regulations are developed, including application-based principles that ensure practical, effective implementation of policy. From the economic contribution of nutrition on quality of life, to the costs of malnutrition on society from both an individual and governmental level, this book guides the reader through the factors that can determine the success or failure of a nutrition policy. Written by an expert in policy development, and incorporating an encompassing view of the factors that impact nutrition from an economic standpoint (and their resulting effects), this book is unique in its focus on guiding other professionals and those in advanced stages of study to important considerations for correct policy modeling and evaluation. As creating policy without a comprehensive understanding of the relevant contributing factors that lead to failure is not an option, this book provides a timely reference. Connects the direct and indirect impacts of economic policy on nutritional status Provides practical insights into the analysis of nutrition policies and programs that will produce meaningful results Presents a hands-on approach on how to apply economic theory to the design of nutritional policies and programs

Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security?

Author : Mr. Christian Bogmans
Publisher : International Monetary Fund
ISBN 13 : 155775246X
Total Pages : 40 pages
Book Rating : 4.5/5 (577 download)

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Book Synopsis Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? by : Mr. Christian Bogmans

Download or read book Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? written by Mr. Christian Bogmans and published by International Monetary Fund. This book was released on 2021-09-24 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how two aspects of food insecurity - caloric insufficiency and diet composition - are affected by aggregate economic fluctuations. The use of cross-country panel data allows us to adopt a global prospective on the identification of the macroeconomic determinants of food insecurity. Income shocks are the most relevant driver of food insecurity, displaying high elasticities at the early stages of economic development. The role of food price shocks is more limited. Social protection has a direct effect and mitigates the impact of income shocks. Effects are highly heterogeneous across a range of structural characteristics of the economy, highlighting the role of distributional aspects and of food import dependency.

Biofuels, Bioenergy and Food Security

Author : Deepayan Debnath
Publisher : Academic Press
ISBN 13 : 0128039817
Total Pages : 290 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Biofuels, Bioenergy and Food Security by : Deepayan Debnath

Download or read book Biofuels, Bioenergy and Food Security written by Deepayan Debnath and published by Academic Press. This book was released on 2019-06-15 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Biofuels, Bioenergy and Food Security: Technology, Institutions and Policies explores the popular ‘Food versus Fuel’ debates, discussing the complex relationship between the biofuel and agricultural markets. From the importance of bioenergy in the context of climate change, to the potentially positive environmental consequences of growing second generation biofuels crops, this book provides important insights into the impact of policy, the technical implementation and the resulting impact of biofuels. The discussion of existing issues hindering the growth of the cellulosic biofuel industry and their remedies are particularly relevant for policy makers and others associated with the biofuel industry. Transferring information on bioenergy economy through the discussion of the current and emerging biofuel market, country specific case studies explain the existing biofuel policy and its consequences to both the energy and agricultural markets. Economic simulation models explain the future of the bioenergy markets. Biofuels, Bioenergy and Food Security: Technology, Institutions and Policies is an invaluable resource to the students, scientific community, policy makers, and investors in the bioenergy industry. Students will benefit from a variety of perspectives on major societal questions in context of the interaction between food security and bioenergy. Its review of existing literature on the biofuel marker, investment opportunities, and energy independence provides a broad overview to allow informed decision making regarding the industry. Provides an integrated overview of the world biofuel market by country, including a summary of the existing biofuel policies, role of investment opportunities, and rural development potential Discusses the impact of biofuels on efforts by developing countries to become more energy self-sufficient Examines the environmental consequences of biomass-based biofuel use.

The State of Food Security and Nutrition in the World 2021

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
ISBN 13 : 925134325X
Total Pages : 240 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The State of Food Security and Nutrition in the World 2021 by : Food and Agriculture Organization of the United Nations

Download or read book The State of Food Security and Nutrition in the World 2021 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2021-07-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, several major drivers have put the world off track to ending world hunger and malnutrition in all its forms by 2030. The challenges have grown with the COVID-19 pandemic and related containment measures. This report presents the first global assessment of food insecurity and malnutrition for 2020 and offers some indication of what hunger might look like by 2030 in a scenario further complicated by the enduring effects of the COVID-19 pandemic. It also includes new estimates of the cost and affordability of healthy diets, which provide an important link between the food security and nutrition indicators and the analysis of their trends. Altogether, the report highlights the need for a deeper reflection on how to better address the global food security and nutrition situation. To understand how hunger and malnutrition have reached these critical levels, this report draws on the analyses of the past four editions, which have produced a vast, evidence-based body of knowledge of the major drivers behind the recent changes in food security and nutrition. These drivers, which are increasing in frequency and intensity, include conflicts, climate variability and extremes, and economic slowdowns and downturns – all exacerbated by the underlying causes of poverty and very high and persistent levels of inequality. In addition, millions of people around the world suffer from food insecurity and different forms of malnutrition because they cannot afford the cost of healthy diets. From a synthesized understanding of this knowledge, updates and additional analyses are generated to create a holistic view of the combined effects of these drivers, both on each other and on food systems, and how they negatively affect food security and nutrition around the world. In turn, the evidence informs an in-depth look at how to move from silo solutions to integrated food systems solutions. In this regard, the report proposes transformative pathways that specifically address the challenges posed by the major drivers, also highlighting the types of policy and investment portfolios required to transform food systems for food security, improved nutrition, and affordable healthy diets for all. The report observes that, while the pandemic has caused major setbacks, there is much to be learned from the vulnerabilities and inequalities it has laid bare. If taken to heart, these new insights and wisdom can help get the world back on track towards the goal of ending hunger, food insecurity, and malnutrition in all its forms.

Progress towards ending hunger and malnutrition: A cross-country cluster analysis

Author : Food and Agricultural Organization of the United Nations (FAO)
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4./5 ( download)

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Book Synopsis Progress towards ending hunger and malnutrition: A cross-country cluster analysis by : Food and Agricultural Organization of the United Nations (FAO)

Download or read book Progress towards ending hunger and malnutrition: A cross-country cluster analysis written by Food and Agricultural Organization of the United Nations (FAO) and published by Intl Food Policy Res Inst. This book was released on 2020-08-14 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a quantitative assessment of progress made towards the sustainable development goal of ending hunger and all forms of malnutrition since 1990. Using a cluster analysis, it categorizes country performance along three dimensions: (1) food security and nutrition outcomes; (2) structural drivers of food security and nutrition; and (3) past and present policy interventions in support of food security and nutrition. Key findings show that much progress has been made towards the goal of ending hunger. Yet, many countries continue to face moderate to high degrees of undernourishment, especially where economies made least progress in transitioning towards high-productivity, modern agriculture and non-farm economic development and where policy stances have been weak in promoting agricultural development, reducing gender inequalities, and improving infrastructure and basic social services. The decline in undernourishment has come with a rise in the prevalence in overweight and obesity. The spread of this form of malnutrition has come with dietary shifts towards the consumption of more animalsourced and processed foods that have accompanied urbanization and income growth. By 2015, the vast majority of countries faced moderate to high prevalence of adult overweight, and this form of malnutrition is also on the rise in countries with still significant rates of child undernourishment. No country in the world is showing declines in the rate of adult overweight.

The State of Food Security and Nutrition in the World 2020

Author : Food and Agriculture Organization of the United Nations
Publisher : Food & Agriculture Org.
ISBN 13 : 925132901X
Total Pages : 320 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The State of Food Security and Nutrition in the World 2020 by : Food and Agriculture Organization of the United Nations

Download or read book The State of Food Security and Nutrition in the World 2020 written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2020-07-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updates for many countries have made it possible to estimate hunger in the world with greater accuracy this year. In particular, newly accessible data enabled the revision of the entire series of undernourishment estimates for China back to 2000, resulting in a substantial downward shift of the series of the number of undernourished in the world. Nevertheless, the revision confirms the trend reported in past editions: the number of people affected by hunger globally has been slowly on the rise since 2014. The report also shows that the burden of malnutrition in all its forms continues to be a challenge. There has been some progress for child stunting, low birthweight and exclusive breastfeeding, but at a pace that is still too slow. Childhood overweight is not improving and adult obesity is on the rise in all regions. The report complements the usual assessment of food security and nutrition with projections of what the world may look like in 2030, if trends of the last decade continue. Projections show that the world is not on track to achieve Zero Hunger by 2030 and, despite some progress, most indicators are also not on track to meet global nutrition targets. The food security and nutritional status of the most vulnerable population groups is likely to deteriorate further due to the health and socio economic impacts of the COVID-19 pandemic. The report puts a spotlight on diet quality as a critical link between food security and nutrition. Meeting SDG 2 targets will only be possible if people have enough food to eat and if what they are eating is nutritious and affordable. The report also introduces new analysis of the cost and affordability of healthy diets around the world, by region and in different development contexts. It presents valuations of the health and climate-change costs associated with current food consumption patterns, as well as the potential cost savings if food consumption patterns were to shift towards healthy diets that include sustainability considerations. The report then concludes with a discussion of the policies and strategies to transform food systems to ensure affordable healthy diets, as part of the required efforts to end both hunger and all forms of malnutrition.

Forests and Food

Author : Bhaskar Vira
Publisher : Open Book Publishers
ISBN 13 : 1783741937
Total Pages : 288 pages
Book Rating : 4.7/5 (837 download)

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Book Synopsis Forests and Food by : Bhaskar Vira

Download or read book Forests and Food written by Bhaskar Vira and published by Open Book Publishers. This book was released on 2015-11-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: As population estimates for 2050 reach over 9 billion, issues of food security and nutrition have been dominating academic and policy debates. A total of 805 million people are undernourished worldwide and malnutrition affects nearly every country on the planet. Despite impressive productivity increases, there is growing evidence that conventional agricultural strategies fall short of eliminating global hunger, as well as having long-term ecological consequences. Forests can play an important role in complementing agricultural production to address the Sustainable Development Goals on zero hunger. Forests and trees can be managed to provide better and more nutritionally-balanced diets, greater control over food inputs—particularly during lean seasons and periods of vulnerability (especially for marginalised groups)—and deliver ecosystem services for crop production. However forests are undergoing a rapid process of degradation, a complex process that governments are struggling to reverse. This volume provides important evidence and insights about the potential of forests to reducing global hunger and malnutrition, exploring the different roles of landscapes, and the governance approaches that are required for the equitable delivery of these benefits. Forests and Food is essential reading for researchers, students, NGOs and government departments responsible for agriculture, forestry, food security and poverty alleviation around the globe.

Food and nutrition security in transforming Ghana: A descriptive analysis of national trends and regional patterns

Author : Van Asselt, Joanna
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4./5 ( download)

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Book Synopsis Food and nutrition security in transforming Ghana: A descriptive analysis of national trends and regional patterns by : Van Asselt, Joanna

Download or read book Food and nutrition security in transforming Ghana: A descriptive analysis of national trends and regional patterns written by Van Asselt, Joanna and published by Intl Food Policy Res Inst. This book was released on 2017-06-16 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, Ghana has experienced high economic growth and transformation, which contributed to the nation achieving the Millennium Development Goal targets on reducing extreme poverty and hunger. Against this background and in view of achieving the food and nutrition security targets of the Sustainable Development Goals, Ghana started a process of reviewing its food security and nutrition strategies and policies, including the overarching Zero Hunger Strategy. This discussion paper aims to contribute to this process by providing an update on the state of Ghana’s food and nutrition security. In addition to providing an overview of long-term historical trends at the national level, this analysis provides an overview of regional patterns of food and nutrition insecurity and recent changes across Ghana’s 10 administrative regions. Finally, the analysis identifies regional “hot spots” of food and nutrition insecurity. This paper confirms that Ghana has achieved substantial improvements in food and nutrition security overall, especially over the past decade. Nationwide, progress has been made in improving households’ economic access to food by reducing poverty and extreme poverty and in reducing chronic and acute child undernutrition. However, progress in reducing micronutrient malnutrition—particularly anemia and especially among young children—has been more modest. Across Ghana, large rural-urban gaps and regional differences—mainly between the north and the south—remain for most dimensions of food and nutrition security. In addition, Ghana is increasingly facing new nutrition-related public health problems that result from overnutrition and diets too rich in calories. Overweight and obesity among adults are rising rapidly in both urban and rural areas, leading to an increase in the risk of noncommunicable diseases. The rising double burden of malnutrition—that is, the coexistence of overnutrition and undernutrition, including micronutrient deficiencies—constitutes a challenge to public health and social protection policy. These new nutritional realities may make some existing food and nutrition security policies obsolete or even detrimental to nutrition security.

Perceived land tenure security and rural transformation

Author : Ghebru, Hosaena
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Perceived land tenure security and rural transformation by : Ghebru, Hosaena

Download or read book Perceived land tenure security and rural transformation written by Ghebru, Hosaena and published by Intl Food Policy Res Inst. This book was released on 2016-07-29 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tenure security is believed to be critical in spurring agricultural investment and productivity. Yet what improves or impedes tenure security is still poorly understood. Using household- and plot-level data from Ghana, this study analyzes the main factors associated with farmers’ perceived tenure security. Individually, farmers perceive greater tenure security on plots acquired via purchase or inheritance than on land allocated by traditional authorities. Collectively, however, perceived tenure security lessens in communities with more active land markets and economic vibrancy. Migrant households and women in polygamous households feel less secure about their tenure, while farmers with political connections are more confident about their tenure security.

Anchoring Bias in Recall Data

Author : Godlonton, Susan
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Book Synopsis Anchoring Bias in Recall Data by : Godlonton, Susan

Download or read book Anchoring Bias in Recall Data written by Godlonton, Susan and published by Intl Food Policy Res Inst. This book was released on 2016-05-20 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the magnitude and source of measurement biases in self-reported data is critical to effective economic policy research. This paper examines the role of anchoring bias in self-reports of objective and subjective outcomes under recall. The research exploits a unique panel survey data set collected over a three-year period from four countries in Central America. It assesses whether respondents use their reported value of specific measures from the most recent survey period as a cognitive heuristic when recalling the value from a previous period, while controlling for the value they reported earlier. We find strong evidence of sizable anchoring bias in self-reported retrospective indicators for both objective measures (household and per capita income, wages, and hours spent on the household’s main activity) and subjective measures (reports of happiness, health, stress, and well-being). In general, we also observe a larger bias in response to negative changes for objective indicators and a larger bias in response to positive changes for subjective indicators.

Contracting by small farmers in commodities with export potential

Author : Kumar, Anjani
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

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Book Synopsis Contracting by small farmers in commodities with export potential by : Kumar, Anjani

Download or read book Contracting by small farmers in commodities with export potential written by Kumar, Anjani and published by Intl Food Policy Res Inst. This book was released on 2016-05-20 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is undertaken to quantify the benefits of contract farming (CF) on farmers’ income in a case where new market opportunities are emerging for smallholder farmers in Nepal. CF is emerging as an important form of vertical coordination in the agrifood supply chain. The prospect for CF in a country like Nepal with accessibility issues, underdeveloped markets, and a lack of amenities remains ambiguous. Contractors find it difficult to build links in these cases, particularly when final consumers have quality and safety requirements. However, a lack of other market opportunities makes the contracts more sustainable. The latter happens if there are product-specific quality advantages because of agroecology and, more important, lack of side-selling opportunities. Concerns remain about monoposonistic powers of the buyers when small farmers do not have outside options. Results of this study show that CF is significantly more profitable (81 percent greater net income) than independent production, the main pathway being higher yield and price realization. The positive impact of CF on farmers’ profits can help Nepal in harnessing the growing demand for pulses, especially in neighboring international markets, like India.

Rent Dispersion in the US Agricultural Insurance Industry

Author : Smith, Vincent H.
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4./5 ( download)

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Book Synopsis Rent Dispersion in the US Agricultural Insurance Industry by : Smith, Vincent H.

Download or read book Rent Dispersion in the US Agricultural Insurance Industry written by Smith, Vincent H. and published by Intl Food Policy Res Inst. This book was released on 2016-05-20 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: A central, but inadequately explored issue with respect to subsidized crop insurance programs concerns the costs of delivering insurance coverage to farmers. This study examines that issue in the context of the heavily subsidized US crop insurance program which has often been put forward as a model for agricultural insurance programs in other countries. US Government programs often rely on private firms to deliver income transfers or services, which then establish their own rent-seeking lobbies, which are shared with input suppliers. This rent dispersion process is examined in the context of the U.S. agricultural insurance industry, which receives as much as one third of the annual subsidies that support the federal crop insurance program. We find that as total payments to insurance companies increased between 2001 and 2009, an increasingly large share of the agricultural insurance industry’s rents accrued to insurance agents, although in markets where insurance companies possessed some oligopsony power, agent payments are smaller. The findings also suggest that the insurance industry (companies and independent agents) would almost surely provide the same service for substantially less than the gross revenues from the subsidies and underwriting gains they received.