Relationships among government payments, crop insurance payments and crop revenue
在农场层面评估了反周期支付和作物保险的风险缓解特性，发现两者并不重复或强烈替代，且风险缓解效果对价格环境敏感。
Risk abatement characteristics of a public sector programme (counter-cyclical payments) and a quasi-private market instrument (crop insurance) are assessed at the farm level. Crop market revenues and insurance payments have strong linkages to pre-planting price and yield conditions, whereas the conditions underlying government programme payments are less affected by prices, crop shares or actual yields. Contrary to a belief often expressed by producers, the counter-cyclical programme does not duplicate or substitute strongly for crop insurance programmes. It is also found that measurement of crop-revenue risk abatement from using either public or quasi-private instruments can be particularly sensitive to the price environment and components of market revenue.