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Evaluating the Potential of Whole-Farm Insurance Over Crop-Specific Insurance Policies AgEcon
Bielza, Maria; Garrido, Alberto.
Since 1996, different formats of whole-farm insurance (WFI) have been launched in North America and Spain. Their rationale is to pool all farm's insurable risks into a single policy that provides cheaper coverage against the farm's revenue losses. We evaluate the gains of moving from a situation of full insurance coverage delivered by crop-specific policies to WFI. Based on the records of individual farmers gathered by the Spanish Agricultural Insurance Agency (ENESA), we select two representative farms in Valencia that have consistently purchased insurance during 1993-2004 for three crops (apricots, plums and wine grapes). WFI is designed to deliver exactly the same expected revenue than does the combined effects of three crop-specific multiple-peril...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural insurance; Whole-farm insurance; Simulation; Crop risks; Spanish agriculture; Risk and Uncertainty; Q14; G; Q18.
Ano: 2006 URL: http://purl.umn.edu/25421
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Crop Production Functions for Analysis of Global Change Impacts in Spain AgEcon
Gomez, Sonia Quiroga; Iglesias, Ana.
The goal of this paper is to increase the capacity of the agriculture sector to understand and respond to the climate variability, by reducing the uncertainty of the farmers over decisions that are affected for meteorological conditions. To study the yield responses to meteorological variables in the past is crucial to understand the vulnerability of the agriculture to the climate change in the future. We have estimated regression models where the historical yields have been put in dependence of variables that can represent main drivers of global change, such as climate variables and technological ones. In this context we evaluate its influence over the yields. Among the conclusions we find that the adaptation to climate change requires challenges in which...
Tipo: Conference Paper or Presentation Palavras-chave: Spanish agriculture; Climate; Global change; Crop Production/Industries; C50; C52; Q10.
Ano: 2005 URL: http://purl.umn.edu/24565
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