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Instability, Supply Response and Insurance in Oilseeds Production in India AgEcon
Pandey, L.M.; Kumar, Sant; Mruthyunjaya.
Yield and price instability and covariate risks have been examined for major oilseeds, viz. groundnut, rapeseed/mustard, sunflower and soybean, in selected states of India using time series data. Risk behaviour and effects of price and price risk on production have been analyzed in a rational expectations framework. The study has also estimated social gains from yield and revenue insurance in oilseeds. While instabilities in yield, prices and gross return have shown mixed responses, covariate risks have increased. The results of econometric analysis have indicated that the expected prices and price risk are important determinants of oilseeds production. Price elasticities of oilseed production have been found to vary between 0.26 and 0.88 and price risk...
Tipo: Journal Article Palavras-chave: Oilseeds; Instability; Covariate risks; Rational expectation; Production response; Risk effect; Insurance market; Social benefits; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/58464
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THE CONSEQUENCE OF FINANCIAL CRISES IN ALBANIAN INSURANCE MARKET AgEcon
Madani, Filloreta; Cakrani, Edmira.
The Albanian insurance market is not influenced considerably from current financial crisis. Early yet phase of development with the very low penetration level explains steadiness of insurance market to exposure influence of global financial crisis. Another factor contributed to stability of insurance market is focusing insurance businesses more on the compulsory insurance segment which is not fully liberalized. Conservative investment policies of Albanian insurers also contributed to avoiding influence of market risks induced by world financial crisis.
Tipo: Journal Article Palavras-chave: Insurance market; Non-life insurance; Compulsory insurance; Penetration coefficient.; Financial Economics; G22; G32.
Ano: 2010 URL: http://purl.umn.edu/92367
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