Comparing different organizational, managerial and economic indicators of the farms in two selected regions the study investigates whether agroholdings perform better and thus can be regarded as a promising organizational model for Russian agriculture. A comparatively poor performance of...

The study introduces an ex-ante evaluation concept into the analysis of weather-based index insurance effectiveness. We conduct our ex ante analysis by distinguishing between two consecutive periods: the first period is used for determining insurance parameters and optimal number of insurance...

This discussion paper considers insurance as a possible instrument of farm income stabilization and compares several crop insurance products with respect to their applicability in a transition economy using the case of Kazakhstan. The analysis is based on a qualitative evaluation as well a...

We analyse area yield insurance contracts and weather index insurance contracts in terms of risk reduction for wheat farms in Kazakhstan over the period 1980-2002. We combine the common mean-variance approach with a stochastic dominance approach to ensure the consistency of the empirical results...

The design and pricing of weather-based crop insurance and weather derivatives is strongly based on an implicit assumption that the dependence structure between yields and weather variables remains unchanged over time. In this paper, we prove this assumption based on empirical time series of...

This Discussion Paper contains the greater part of the contributions to the Young Scientists Workshop on Agricultural Development in Central and Eastern Europe (IAMO, September 4-5, 2006). After last years' positive response, the workshop has been organized for the fourth time and has a solid...

Эта публикация является нашим ответом на многочисленные вопросы и желание коллег из стран СНГ получить больше информации об актуальных тенденциях раз- вития...