Reforming the controversial policyExecutive summary:By 2020 the EU is planning to increase expenditure on the Common Agricultural Policy (CAP) by some €8billion a year at a time of catastrophically bad public finances.Despite the concern about pressure on food prices, reform of the CAP will...

This paper presents a large panel study on the macroeconomic consequences of natural catastrophes and analyses the extent to which risk transfer to insurance markets facilitates economic recovery. Our main results are that major natural catastrophes have large and significant negative effects on...

Natural hazard-induced disasters (NHID), such as floods, droughts, severe storms, and animal pests and diseases have significant, widespread and long-lasting impacts on agricultural sectors around the world. With climate change set to amplify many of these impacts, a “business-as-usual”...

This study gives an empirical analysis of residential insurance demand-side reactions after an earthquake disaster using survey data. The paper discuss the study hypothesis from economic analysis perspective with significance econometric tests to explain how insurance demand for residential...