Recovering missing yield values: Ramifications for the USDA’s ARC-CO program

Author

Zachary S. Ishee

Issuing Body

Mississippi State University

Advisor

Park, Eunchun

Committee Member

Coble, Keith H.

Committee Member

Harri, Ardian

Date of Degree

8-7-2020

Document Type

Graduate Thesis - Open Access

Major

Agricultural Economics

Degree Name

Master of Science

College

College of Agriculture and Life Sciences

Department

Department of Agricultural Economics

Abstract

This research focuses on the recovery of missing county yield observations within government data, which is used in the ARC-CO program that was authorized in the 2014 and 2018 Farm Bills. The recovered missing county values potentially solve issues with the payment process of ARC-CO, which triggers the ARC-CO payments. I examine multiple climate econometric models and the ordinary Kriging to predict the missing yield values. The results show that the ordinary Kriging is more accurate than any of the climate econometric models. After reviewing actual payments of ARC-CO, I find that farmers with irrigated land are underpaid and farmers of dryland are overpaid by the ARC-CO program as established in the 2014 Farm Bill.

URI

https://hdl.handle.net/11668/18443

Comments

Kriging||Risk Management

Recommended Citation

Ishee, Zachary S., "Recovering missing yield values: Ramifications for the USDA’s ARC-CO program" (2020). Theses and Dissertations. 3737.
https://scholarsjunction.msstate.edu/td/3737