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Purpose: The purpose of this paper is to investigate the role of crop insurance among Hungarian crop farmers and the responses to the introduction of the two-scheme risk management system. Specifically, first, it examines the economic and environmental factors affecting the willingness of...
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In this paper we estimate the impact of different factors on creditability of agricultural farms. According to the literature the collateral (tangible assets), the farm size, productivity, and subsidies should have significant effects on farm loans. We use data from the Hungarian Farm...
Persistent link: https://www.econbiz.de/10010603793
Small farms amount the largest group of agricultural holdings in Hungary, however their number significantly decreased by 36.4 per cent between 2005 and 2013. These predominantly subsistence or semi-subsistence farms are playing an important role by supplementing the rural household incomes and...
Persistent link: https://www.econbiz.de/10014092248
Agricultural insurance is one of the financial tools that agricultural producers can potentially use to cope with increasing risks in their activity. Experiences accumulated on insurance markets demonstrate that the development of a proper agricultural insurance product can not be reached...
Persistent link: https://www.econbiz.de/10011125737