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Optimizing whole-farm management considering price and climate risks AgEcon
Lehmann, Niklaus; Finger, Robert.
We investigate impacts of climate change (CC) and likely increases in price risks on income, income variability, utility and on adaptation responses in crop production in Western Switzerland. To this end, a bio-economic model is used that combines a crop growth model with an economic decision model non-parametrically using genetic algorithms. Our analysis focuses on the farm-level, which enables us to integrate a much wider set of potential adaptation responses in our analysis. The model is applied to four scenarios that represent likely changes in environmental conditions due to CC as well as increasing price risks due to market liberalization, and combinations thereof. It shows that CC has the larger influence on farm-level income and utility as well as...
Tipo: Presentation Palavras-chave: Genetic Algorithms; Agricultural Modeling; Climate Change; Price risks; Risk and Uncertainty; Q12.
Ano: 2012 URL: http://purl.umn.edu/122533
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Do Direct Payments Influence Farmers' Hail Insurance Decisions? AgEcon
Finger, Robert; Lehmann, Niklaus.
We analyze determinants of hail insurance use of Swiss farmers, covering the period 1990-2009 using FADN panel data. Mixed effect logistic regression models are estimated to identify the most important farm and farmer characteristics that determine insurance use. In addition, information on local hail risk is taken into account in these models. It shows that larger farms, with specialization on crop production, and with larger local hail risks are more likely to adopt the hail insurance. Moreover, insurance users are usually older and better educated. Since the early 1990s, Swiss agricultural policy has reduced price support and introduced general and ecological direct payments. This has led to a much higher importance of direct payments for farmers’...
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/114355
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