The study develops the methodology for a copula-based weather index insurance rating. As the copula approach is better suited for modeling tail dependence than the standard linear correlation method, we suppose that copulas are more adequate for pricing a weather index insurance contract against...

We present an approach that pursues an adequate representation of product transformation possibilities for a technology generating, in addition to marketed (good) products, some environmentally detrimental non-marketed byproducts (bad outputs). As the shadow price of a non-marketed output...

An adequate representation of the technological trend component of yield time series is of crucial importance for the successful design of risk management instruments. However, for many transition and developing countries, the estimation of the technological trend is complicated by the joint...

An ex post measure of risk reduction is commonly used in the literature to predict the potential reduction of farmers’ yield risk due to weather-based index insurance and area-yield crop insurance. In this paper, we evaluate the predictive power of the ex post risk reduction for different...

Crop insurance products can improve and stabilize economic performance. However, due to insurance market imperfections, the use of insurance products often requires governmental support. This paper analyses the actual impact of insurance products on the economic performance of cropping farms by...

This paper evaluates the determinants and impact of adopting the metal silo - a postharvest storage technology for staple grains - which was disseminated by the Swiss Agency for Development and Cooperation (SDC) from 1983 to 2003 in four Central American countries. The aim of the SDC program was...

This Discussion Paper contains the greater part of the contributions to the Young Scientists Workshop on Agricultural Development in Central and Eastern Europe (IAMO, September 4-5, 2006). After last years' positive response, the workshop has been organized for the fourth time and has a solid...

Эта публикация является нашим ответом на многочисленные вопросы и желание коллег из стран СНГ получить больше информации об актуальных тенденциях раз- вития...