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Agricultural Growth Linkages in Sub-Saharan Africa AgEcon
Delgado, Christopher L.; Hopkins, Jane; Kelly, Valerie A.; Hazell, Peter B.R.; McKenna, Anna A.; Gruhn, Peter; Hojjati, Behjat; Sil, Jayashree; Courbois, Claude B..
The wide spread increase in rural purchasing power under the Green Revolution in Asia during the 1970s was key to increased rural employment and industrialization. Studies suggested that an extra dollar of agricultural income was typically associated with an additional $0.80 of nonagricultural income from local enterprises stimulated by the spending of farm house holds. Studies in Africa, where the Green Revolution was harder to discern, tended to be much more pessimistic. This report revisits these issues using especially detailed panel data sets on rural consumption and incomes, collected by IFPRI and collaborating national institutions for a variety of purposes during the mid to late 1980s in Burkina Faso, Niger, Senegal, Zambia, and Zimbabwe. Results...
Tipo: Report Palavras-chave: Agriculture; Economic aspects; Africa; Sub- Saharan; Agriculture and state; International Development.
Ano: 1998 URL: http://purl.umn.edu/37908
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FORWARD CONTRACTS AND CROP INSURANCE: SHOULD PREMIUMS BE ADJUSTED FOR RISK MANAGEMENT PRACTICE? AgEcon
Sil, Jayashree.
Current premium rate-making methodology for the government-sponsored Multiple Peril Crop Insurance (MPCI) program adjusts premiums for farms engaging in certain cropping practices. These practices are production methods such as irrigation, fallow and double-cropping. Actuarial evidence has shown that such practices can separate farms into distinct risk classes. We suggest that risk-management tool is another category of practice which could be considered in setting premium rates. The present analysis shall focus on one risk management tool: cash forward contracts. Making this assessment requires that we use a key actuarial concept called loss cost ratio. Preliminary evidence (from sam ple moments of yield distributions) suggests that indeed the loss cost...
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2002 URL: http://purl.umn.edu/19638
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