Risk Management and the Role of the Federal Government

  • Joseph W. Glauber
  • Keith J. Collins
Chapter
Part of the Natural Resource Management and Policy book series (NRMP, volume 23)

Abstract

One of the key characteristics of agriculture is the inherent production risks facing producers from adverse weather, pests, and diseases. These risks have been used to justify government intervention in the form of disaster assistance payments, emergency loans, livestock feed assistance programs, crop insurance, and other subsidized assistance schemes. Yet while government intervention to provide assistance has been widely supported in the United States, the form of assistance has been much debated.

Keywords

Moral Hazard Crop Loss Fiscal Year Crop Insurance General Account Office 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Joseph W. Glauber
    • 1
  • Keith J. Collins
    • 1
  1. 1.U.S. Department of AgricultureUSA

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