Plausibly Exogenous [1590] - Risk Management (06/10/2024)

LHS Variable
Within-operation input allocation

RHS Variable
Risk management

Source of Exogenous Variation
Inflexible features of the federal crop insurance program that were more binding for some operations than for others, which induces variation in risk management that is unrelated to input allocation

- Berger, Ifft, and Jodlowski (2024), “Risk Management and Capital-Labor Allocation”