Purpose – The purpose of this paper is to assess the production risk for winter wheat producers in Beijing, China, particularly in its 13 districts. Design/methodology/approach – A parametric approach is used to model wheat-yield distribution for samples and the Kolmogorov-Smirnov test is...

Purpose – The purpose of this paper is to assess the production risk for winter wheat producers in Beijing, China, particularly in its 13 districts. Design/methodology/approach – A parametric approach is used to model wheat‐yield distribution for samples and the Kolmogorov‐Smirnov test...

Purpose – The purpose of this paper is to explain the factors affecting crop insurance purchases by farmers in Inner Mongolia, China. Design/methodology/approach – A survey of farmers in Inner Mongolia, China, is undertaken. Selected variables are used to explain crop insurance purchases,...

Purpose While crop insurance ratemaking has been studied for many decades, it is still faced with many challenges. Crop insurance premium rates (PRs) are traditionally determined only by point estimation, and this approach may lead to uncertainty because it is sensitive to the underwriter’s...

Purpose – China frequently suffers from weather-related natural disasters and weather risk is recognized as a source of wide-spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a largely poor population few can afford the turmoil to...