Understanding how intention to adopt biosecurity measures affects indemnity design by United States swine producers.
Baye, Richmond
Baye, Richmond
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Abstract
Animal disease outbreaks pose significant threats to food security and safety across the food supply chain. Emergency assistance has been a common response to pandemics, but this may not be sustainable due to the pressure to cut government expenditure. To address this, an indemnity policy that is tied to biosecurity adoption can prevent disease outbreaks while securing the public purse. We designed a survey targeted at swine producers in the US and found that farmers are more likely to adopt biosecurity measures if indemnity is conditioned on showing biosecurity practices on farms. The study suggests that motivating farmers to invest in biosecurity is achievable, and insurance alone is insufficient without being tied to biosecurity adoption.
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Graduate
Date
2023-01-01