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	Provedor de dados AgEcon (1) Autor Beniston, Martin (1) Calanca, Pierluigi (1) Fuhrer, Jurg (1) Torriani, Daniele Simone (1) Palavra-chave Climate risks (1) Climatic change (1) Crop Production/Industries (1) Drought (1) Environmental Economics and Policy (1) Hedging (1) Maize production (1) Risk and Uncertainty (1) Weather derivatives (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2007 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Alternative Hedging Strategies in Maize Production to Cope with Climate Variability and Change AgEcon Fuhrer, Jurg; Beniston, Martin; Calanca, Pierluigi; Torriani, Daniele Simone. Climate change with increasing climate variability is likely to alter risks in agricultural production. The effectiveness of using weather derivatives to hedge against drought risks for rain-fed grain maize production was investigated for current (1981-2003) and future (2070- 2100) climates in Switzerland. The climate change scenario was extrapolated from results of a regional climate model (HIRHAM4) based on the IPCC A2 emission scenario. In addition, a sensitivity analysis was performed by varying the mean and variance of the initial probability space for the seasonal precipitation sum. Profits and risks with and without hedging were compared using the analogy of the value-at-risk measure (VaR), i.e., a quantile-based measure of risk. A Monte Carlo chain... Tipo: Conference Paper or Presentation Palavras-chave: Climatic change; Climate risks; Drought; Maize production; Weather derivatives; Hedging; Crop Production/Industries; Environmental Economics and Policy; Risk and Uncertainty. Ano: 2007 URL: http://purl.umn.edu/9275 Registros recuperados: 1 Primeira ... 1 ... Última

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