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An Actuarial Analysis of Calibration of Crop Insurance Premiums to Heterogeneous Risks

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Figure

Table 1: Number of Significant and Non-Significant Variables in the Models of Wheat  Loss Ratios
Table 2: Number of Observations and Means of Variables Included in Models of Wheat Loss Ratios VARIABLE/ STATISTIC CO MO MN OK MT WA NE SD TX KS ND Number  Obs(1000's) 46 20 77 125 77 16 140 88 69 503 513 75%Coverage  Level 0.01 0.10 0.06 0.06 0.39 0.84 0.
Table 3: Parameter Estimates and Significance of the Variables included in the Wheat Loss Ratio Models Variable/ Statistic CO MO MN OK MT WA NE SD TX KS ND 75%  Coverage 0.5680 -0.3762 -0.1184 0.5680 1.1284* -0.3762 0.7305* -0.0555 -0.1842 1.0093* 1.6855*
Table 4:Definition of Variables included in Models of Loss Ratios
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