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Systemic weather risk is a major obstacle for the formation of private (nonsubsidized)crop insurance. This paper explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather conditions in different locations.For that purpose copula...
Persistent link: https://www.econbiz.de/10009444681
Systemic weather risk is a major obstacle for the formation of private (nonsubsidized) crop insurance. This paper explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather conditions in different locations. For that purpose copula...
Persistent link: https://www.econbiz.de/10009444820
Systemic weather risk is a major obstacle for the formation of private (non- subsidized) crop insurance. This paper explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather conditions in different locations. For that purpose...
Persistent link: https://www.econbiz.de/10010263758
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which results in large risk premiums. In this article, we assess the systemic nature of weather risk for 17 agricultural production regions in China and explore the possibility of spatial...
Persistent link: https://www.econbiz.de/10010281554
Systemic weather risk is a major obstacle for the formation of private (non- subsidized) crop insurance. This paper explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather conditions in different locations. For that purpose...
Persistent link: https://www.econbiz.de/10003796148
Although there is an increasing interest in index-based insurances in many developing countries, crop data scarcity hinders its implementation by forcing insurers to charge higher premiums. Expert knowledge has been considered a valuable information source to augment limited data in insurance...
Persistent link: https://www.econbiz.de/10009748572
The supply of affordable crop insurance is hampered by the existence of systemic weather risk which results in large risk premiums. In this article, we assess the systemic nature of weather risk for 17 agricultural production regions in China and explore the possibility of spatial...
Persistent link: https://www.econbiz.de/10008749854
Persistent link: https://www.econbiz.de/10009777248
Persistent link: https://www.econbiz.de/10011597328
Persistent link: https://www.econbiz.de/10012002623