Providing agricultural insurance to farmers and fisherfolk in the Philippines has been implemented for nearly three decades. While it is agreed that agricultural insurance is crucial in assisting farmers, fisherfolk, and governments in lessening the negative financial impact of natural events,...

While agricultural insurance has long been considered a risk management tool for farmers in both developing and developed economies, policy directions toward sustainability vary across countries. Reviewing the literature provides a comprehensive view of relevant issues, such as objectives of the...

Risk is a daily reality especially among agricultural producers in developing countries, thus agricultural insurance is of interest to farmers, policymakers, insurance companies, and development finance institutions. From a survey data of 2,512 farmers, this paper sheds light on the possible...

The province of Benguet holds a competitive advantage in the production of cut flowers because of its unique weather and climate; however, the access to and use of information on weather and climate phenomena in agricultural decision making is not guaranteed despite its provision. This presents a...

Benguet province's comparative advantage in the cultivation of high value crops such as cabbage, carrots and potatoes are evident in the high volume of production experienced year on year. A reason for this is the province's favorable weather and climate; however, climate change may threaten the...

Valuing climate information is now an important discourse in mainstream economic thinking with the development of the von Neumann-Morgenstern utility hypothesis and of the refinement of decision theory under uncertainty. This discourse is important in valuing weather information and...

In the face of seasonal climate variability, the smallholder farmers, particularly those in rural communities, are among the most adversely affected. As a way to address this, together with concern on low productivity, the Philippine government has been implementing a range of risk management...

Seasonal climate forecast (SCF) is one of the tools that could help farmers and decisionmakers better prepare for seasonal variability. However, a cloud of uncertainty looms over the true value of SCF to its target users. To shed light on the true value of SCF in local agricultural...

This paper documents the activities of the National Food Authority (NFA), particularly on rice marketing, in realizing its mandates of buying high and selling low. Because the Philippine agriculture is greatly affected by extreme climate events such as El Niño and La Niña, this paper...

Using data from the 2003 Family Income and Expenditure Survey and 2005 Community-based Monitoring System for a city, Multivariate Adaptive Regression Splines (MARS) is used in identifying household poverty correlates in the Philippines. Models produced by MARS are more parsimonious yet contain...