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Research Framework for Supplemental Crop Insurance in the FCIP

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ftsiboe/fcipSupplementalLab

Research Framework for Supplemental Crop Insurance in the FCIP

Francis Tsiboe

Project Status: Active – Stable and actively developed Lifecycle: experimental R-CMD-check codecov License: GPL v3 R >= 4.0 Contributor Covenant

fcipSupplementalLab is a research framework for analyzing supplemental crop insurance products within the United States Federal Crop Insurance Program (FCIP).

The repository supports reproducible, policy-oriented analysis of how supplemental coverage options affect producer behavior, actuarial performance, public–private risk sharing, and federal fiscal exposure.


Scope and Research Questions

This project focuses on the following analytical dimensions:

  • Adoption and demand
    • Uptake of supplemental products (e.g., ECO, SCO, MCO)
    • Coverage-level substitution and plan choice
  • Actuarial performance and program soundness
    • Loss ratios, dispersion, tail risk, and persistence
    • Rating performance relative to underlying risk
  • Fiscal exposure
    • Federal premium subsidies and indemnity outlays
    • Budget risk under alternative policy designs
  • Risk reduction and income transfer
    • Mean revenue effects and volatility reduction
    • Income transfer magnitude and distribution
  • Basis risk and coverage quality
    • Alignment between realized losses and indemnities
    • Design efficiency and spatial/temporal basis risk

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