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identified expert systems as a strong instrument with an extended potential in agriculture. This started to grow in scale … stimulation of investments in agriculture and in the stabilization of agricultural producers incomes. The results of the study, at … development of the insurance market which would lead to the development of agriculture, creation of new insurance products adapted …
Persistent link: https://www.econbiz.de/10010685520
We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members, explain under-valuation of agricultural insurance....
Persistent link: https://www.econbiz.de/10011894385
We hypothesize a reciprocal causation between crop insurance use and the economic performance of farms in an environment characterized by imperfect financial markets and farms’ budget constraints. To test our hypothesis, we apply a system of simultaneous equations consisting of economic...
Persistent link: https://www.econbiz.de/10011538356
Despite efforts and pressures on the part of the State, the relatively small percentage of Polish farmers insure their crops. The paper analysed the determinants of taking out crop insurance, using logistic regression and FADN data (2004-2013). The models were estimated for the analysed...
Persistent link: https://www.econbiz.de/10012916045
In spite of the development possibilities, the agriculture in Romania is becoming a risky environment, because of the … exploitations, the breeding of animals as well as the conditions in agriculture has made the evolution of activities in this domain … consists of presenting a new tool in view of developing agriculture and agricultural insurance, thus new tools are being added …
Persistent link: https://www.econbiz.de/10010733818
A stable agricultural income is often regarded as a way to achieve a better environmental performance in this sector. However, conventional income stabilization tools have been showing recently signs of exhaustion. Under this critical juncture, EU institutions have encouraged the expansion of...
Persistent link: https://www.econbiz.de/10010518020
Agricultural insurances based on a climate index are an innovative form of insurance that represent a viable alternative for low-income countries. Such insurances are tied to a climatic index (e.g. the level of precipitation, temperature, humidity or crop yield) rather than an actual loss. This...
Persistent link: https://www.econbiz.de/10014540903
Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the...
Persistent link: https://www.econbiz.de/10003921518
Recently, Weather Index Insurance (WII) has received considerable attention as a tool to insure farmers against weather related risks, particularly in developing countries. Donor organizations, local governments, insurance companies, development economists as well as agricultural economists are...
Persistent link: https://www.econbiz.de/10009523452
leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …. -- agriculture ; insurance markets ; credit markets ; risk ; underinvestment ; misallocation …
Persistent link: https://www.econbiz.de/10009658902