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Registros recuperados: 36
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Potential of Credit Scoring in Microfinance Institutions in US (Community Venture Corp. of Kentucky Taken as Case Study) AgEcon
Hou, Jiang; Skees, Jerry R.; Wang, Wei.
As one of the instrument to enhance the microfinance institution's self-sustainability, credit scoring models that have been widely used in formal financial institutions can be used in the practice of microfinance. The statistic model will be established and tested to realize that goal.
Tipo: Conference Paper or Presentation Palavras-chave: Financial Economics.
Ano: 2005 URL: http://purl.umn.edu/35487
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STRUCTURING INSTITUTIONS TO SHARE LOCAL WEATHER RISK GLOBALLY AgEcon
Hao, Jianqiang; Skees, Jerry R..
This paper envisions the national weather index as an efficient instrument to hedge the agricultural risk. The theoretical framework is established based on the partition of risk and the cost minimization. The Morocco case was applied and the result shows that the risk can be reduced to a larger extent.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/21973
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CONTINGENT VALUATION IN FOOD POLICY ANALYSIS: A CASE STUDY OF A PESTICIDE-RESIDUE RISK REDUCTION AgEcon
Buzby, Jean C.; Ready, Richard C.; Skees, Jerry R..
This study demonstrates how contingent valuation techniques can be used in a cost-benefit analysis of a food safety policy issue. The analysis focuses on banning a specific post harvest pesticide used in fresh grapefruit packinghouses. Benefits of the ban are measured using consumers' aggregated willingness to pay (WTP) for safer grapefruit. A national contingent valuation survey used the payment card method to obtain WTP data. Costs of the ban stem predominantly from increased post harvest losses and were estimated using a model of the market for Florida grapefruit. Results indicate that benefits of the ban outweigh costs.
Tipo: Journal Article Palavras-chave: Contingent valuation; Cost-benefit analysis; Food safety; Pesticides; Willingness to pay; Agricultural and Food Policy.
Ano: 1995 URL: http://purl.umn.edu/15278
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CREATING A MARKET FOR CARBON EMISSIONS: OPPORTUNITIES FOR U.S. FARMERS AgEcon
Sandor, Richard L.; Skees, Jerry R..
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 1999 URL: http://purl.umn.edu/32957
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Innovations in Index Insurance for the Poor in Lower Income Countries AgEcon
Skees, Jerry R..
This article focuses on innovation in weather insurance designed to fit the special circum-stances of the poor in lower income countries where rural and agricultural financial markets are largely underdeveloped. Index insurance is an innovation that circumvents many of the fundamental problems that hamper the development of insurance for weather risks in lower in-come countries. With index insurance, payments are made based upon an objective and inde-pendent index that serves as a proxy for significant losses to crops, livestock, or other prop-erty. For example, the index can be based upon extreme rainfall measures that create either drought or flooding. Weather stations or even satellite imagery coupled with computer models can be used to create reliable...
Tipo: Journal Article Palavras-chave: Index insurance; Financial innovation for the poor; Weather insurance; Correlated risk; Poverty trap; Ex ante risk managemen; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/44733
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MANAGING YIELD RISK THROUGH A COOPERATIVE AgEcon
Zeuli, Kimberly A.; Skees, Jerry R..
Developing new risk management products for all agricultural commodities has increased in importance given recent legislation. Vegetables have been difficult to insure. This paper investigates the use of index contracts for growers belonging to a Kentucky vegetable cooperative. Index contracts should be significantly more efficient than current crop insurance alternatives.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Risk and Uncertainty.
Ano: 2001 URL: http://purl.umn.edu/20736
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FARM LEVEL CORN ACREAGE RESPONSE ESTIMATION AgEcon
Nutt, Perry J.; Reed, Michael R.; Skees, Jerry R..
This study reports results of an acreage supply equation using individual farm data and develops implications for bias introduced by use of aggregate data. The analysis shows that use of aggregate acreage response models underestimates the absolute value of price elasticities and the lagged adjustment process. Further, aggregated analyses cannot incorporate some variables found to be important in explaining from level acreage response.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 1986 URL: http://purl.umn.edu/29783
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FINANCING NATURAL DISASTER RISK USING CHARITY CONTRIBUTIONS AND EX ANTE INDEX INSURANCE AgEcon
Goes, Anne; Skees, Jerry R..
The scale of loss from natural disasters in low-income countries often exceeds the resources of internal and external sources of relief funding. Catastrophe bonds offer the opportunity to transfer the risk of low-probability, high-loss events to the capital market where there is greater capacity to absorb disaster losses. This paper details some problems inherent in traditional sources of disaster relief and proposes an alternative mechanism for catastrophe risk transfer that unites financial innovations and donor communities.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2003 URL: http://purl.umn.edu/22188
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Modeling the Tail Distribution and Ratemaking: An Application of Extreme Value Theory AgEcon
Hao, Jianqiang; Bathke, Arne; Skees, Jerry R..
Economic analysis of weather risk often depends on accurate assessment of the probability (P) of tail quantiles (Q). Extreme value theory can provide a promising estimation of the tail part risk and this paper intends to apply the extreme value model to estimate the tail risk on India excess rainfall.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2005 URL: http://purl.umn.edu/19190
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Loan Portfolio Performance and El Niño, an Intervention Analysis AgEcon
Collier, Benjamin; Katchova, Ani L.; Skees, Jerry R..
Replaced by updated/revised version. This is an electronic version of a journal article, please cite as: Collier, B., A.L. Katchova, and J. Skees. “Loan Portfolio Performance and El Nino, an Intervention Analysis.” Agricultural Finance Review 71(2011):98-119.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance; Community/Rural/Urban Development; Financial Economics; International Development; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/56217
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AN ANALYTICAL FRAMEWORK FOR DISCUSSING FARM BUSINESS INTERRUPTION INSURANCE FOR CLASSICAL SWINE FEVER AgEcon
Meuwissen, Miranda P.M.; Skees, Jerry R.; Black, J. Roy; Huirne, Ruud B.M.; Dijkhuizen, Aalt A..
This paper studies farm business interruption insurance for Classical Swine Fever epidemics. Insight into the size of risk is obtained by a very detailed Monte-Carlo simulation model that includes both epidemiological and economic factors. The paper also considers issues such as farmers’' and governments’' influence on the size of risk.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Risk and Uncertainty.
Ano: 2000 URL: http://purl.umn.edu/21738
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INVESTIGATING THE RELATIONSHIP BETWEEN YIELD RISK AND AGRI-ENVIRONMENTAL INDICATORS AgEcon
Fleming, Ronald A.; Clark, Nathan; Skees, Jerry R..
Crop insurance provides risk reduction benefits yet may increase planted acres in risky areas. This paper investigates the relationship between environmental quality and crop insurance induced changes in cropping pattern. Results suggest that yield risk and soil erosion are positively correlated for the majority of acreage in the study area.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Risk and Uncertainty.
Ano: 2003 URL: http://purl.umn.edu/21984
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CONSIDERING MARKET-BASED ALTERNATIVES TO IMPROVE THE MANAGEMENT OF CAFOs AgEcon
Skees, Jerry R.; Black, J. Roy; Gramig, Benjamin M..
This paper presents a proposal to utilize insurance as a market-based alternative to traditional command-and-control regulation of concentrated animal feeding operations in order to meet policy goals to curtail negative environmental externalities.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/22248
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HEDGING CROP RISK WITH WEATHER INDEX AND INDIVIDUAL CROP INSURANCE AgEcon
Hao, Jianqiang; Kanakasabai, Murali; Skees, Jerry R.; Dillon, Carl R..
This paper provides a theoretical analysis for the optimal portfolio of weather index and individual crop insurance in farm level under mean-variance framework and stresses the impacts of risk aversion level, transaction cost, and basis risk. An empirical application of corn farms in Todd county of Kentucky is applied to.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2004 URL: http://purl.umn.edu/34796
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POTENTIAL ANALYSIS OF RAINFALL-INDEXED INSURANCE IN ROMANIA AgEcon
Hou, Jiang; Skees, Jerry R.; Veeramani, Venkat N..
One of the key factors affecting the crop output is the rainfall volume. For this reason, insurance plans based on the rainfall deviation of the mean have been advanced. This paper provides prospects of rainfall-indexed insurance in Romania considering the tradeoff between moral hazard and basis risks. The reasonability of rainfall-indexed insurance will be judged first. The basic parameters will then be determined and the effectiveness will be measured. Finally, microfinance programs combined with indexed insurance will be advanced to deal with the basis risk problems, which also are the goals for further study
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2004 URL: http://purl.umn.edu/20158
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Innovations in Government Responses to Catastrophic Risk Sharing for Agriculture in Developing Countries AgEcon
Skees, Jerry R.; Barnett, Barry J.; Hartell, Jason G..
Markets for transferring catastrophic risk in agriculture are woefully lacking in developing countries. Even in developed countries, markets for transferring the risk of crop losses caused by natural hazards generally exist only with large government subsidies. However, such subsidies can be expensive, inefficient, and have detrimental implications that make future catastrophes even worse. In developing countries fiscal constraints limit the degree to which governments can subsidize markets for agricultural risk-sharing. Nonetheless, there are specific things governments can do to facilitate the development of these markets. This paper addresses the role of government in agricultural risk-sharing for natural disasters that impact crop yields or livestock...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy; Risk and Uncertainty; D8; H5; Q14; Q18; Q54.
Ano: 2006 URL: http://purl.umn.edu/25548
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THE EFFECTS OF FIRM EXIT IN A RETAIL GROCERY MARKET AgEcon
Jermolowicz, Andrew; Reed, Michael R.; Skees, Jerry R.; Robbins, Lynn R..
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1985 URL: http://purl.umn.edu/27593
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RELEVANCE OF POLICY ANALYSIS: NEEDS FOR DESIGN, IMPLEMENTATION AND PACKAGING AgEcon
Skees, Jerry R..
This article challenges the traditional model of the economist as a humble technocrat who simply provides analysis given the preferences of policy decision-makers. Since decision-makers rarely reveal their preferences, it is important that the would-be policy research/analyst know the political economy and be willing to identify potential performance goals for society. Researchers who are willing to incur the transaction cost associated with becoming involved in useful policy research must learn to work within the imperfect policy process. Policy research that considers the importance of implementation and that acknowledges the institutions and the history will have the highest chance of being useful to policy-makers.
Tipo: Journal Article Palavras-chave: Implementation; Institutions; Policy research; Political economy; Agricultural and Food Policy.
Ano: 1994 URL: http://purl.umn.edu/15440
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Utilizing Contingent Claims to Improve the Management of CAFOs AgEcon
Gramig, Benjamin M.; Skees, Jerry R.; Black, J. Roy.
We propose a market-based approach to reducing the environmental risk posed by concentrated animal feeding operations (CAFOs). The dual problems of hidden information and hidden action faced by policymakers are considered alongside the competing incentives faced by the CAFO manager in a multiple principal-agent setting. A new approach that uses insurance-like contracts is introduced by use of the specific example of a swine operation with a lagoon-based manure management system. Index-based contingent claims contracts in tandem with third-party auditing and waste hauling options are introduced as a complement to regulatory frameworks designed to reduce negative externalities from production.
Tipo: Journal Article Palavras-chave: Animal feeding operations; Asymmetric information; Environmental risk; Insurance; Public policy; Regulation; D82; G22; L51; Q18; Q25; Q28.
Ano: 2004 URL: http://purl.umn.edu/43346
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Optimal Inter-Period Weighting of Cumulative Indices for Weather-Based Contingent Claims AgEcon
Hao, Jianqiang; Hartell, Jason G.; Skees, Jerry R..
Weather-based contingent claims typically rely on a cumulative index of the weather variable. Frequently, the index is weighted to reflect the importance of timing in a weather-production relationship. This article reviews alternative optimization methods and apply criteria for selecting among them to obtain an optimal and robust distribution of weights.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/19926
Registros recuperados: 36
Primeira ... 12 ... Última
 

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