New approaches to crop yield insurance in developing countries
Natural disasters can be extremely disruptive to farmers and to others whose incomes depend on a successful crop. Society can gain from more efficient sharing of crop and natural disaster risks. However, the costs associated with traditional agricultural risk programs have historically exceeded the...
| Autores principales: | , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
1999
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161315 |
| _version_ | 1855534759880425472 |
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| author | Skees, Jerry Hazell, Peter B. R. Miranda, Mario |
| author_browse | Hazell, Peter B. R. Miranda, Mario Skees, Jerry |
| author_facet | Skees, Jerry Hazell, Peter B. R. Miranda, Mario |
| author_sort | Skees, Jerry |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Natural disasters can be extremely disruptive to farmers and to others whose incomes depend on a successful crop. Society can gain from more efficient sharing of crop and natural disaster risks. However, the costs associated with traditional agricultural risk programs have historically exceeded the gains from improved risk sharing. This paper explores government intervention in agricultural risk markets and discusses new approaches to risk sharing with limited government involvement. In particular, we build the case for introducing negotiable state-contingent contracts settled on area crop yield estimates or locally appropriate weather indices. These instruments could replace traditional crop insurance at a lower cost to government while meeting the risk management needs of a wider clientele. |
| format | Artículo preliminar |
| id | CGSpace161315 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 1999 |
| publishDateRange | 1999 |
| publishDateSort | 1999 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1613152025-11-06T07:12:20Z New approaches to crop yield insurance in developing countries Skees, Jerry Hazell, Peter B. R. Miranda, Mario crop yield agricultural insurance crops developing countries Natural disasters can be extremely disruptive to farmers and to others whose incomes depend on a successful crop. Society can gain from more efficient sharing of crop and natural disaster risks. However, the costs associated with traditional agricultural risk programs have historically exceeded the gains from improved risk sharing. This paper explores government intervention in agricultural risk markets and discusses new approaches to risk sharing with limited government involvement. In particular, we build the case for introducing negotiable state-contingent contracts settled on area crop yield estimates or locally appropriate weather indices. These instruments could replace traditional crop insurance at a lower cost to government while meeting the risk management needs of a wider clientele. 1999 2024-11-21T09:54:51Z 2024-11-21T09:54:51Z Working Paper https://hdl.handle.net/10568/161315 en Open Access application/pdf International Food Policy Research Institute Skees, Jerry; Hazell, P. B. R.; Miranda, Mario. 1999. New approaches to crop yield insurance in developing countries. EPTD Discussion Paper 55. https://hdl.handle.net/10568/161315 |
| spellingShingle | crop yield agricultural insurance crops developing countries Skees, Jerry Hazell, Peter B. R. Miranda, Mario New approaches to crop yield insurance in developing countries |
| title | New approaches to crop yield insurance in developing countries |
| title_full | New approaches to crop yield insurance in developing countries |
| title_fullStr | New approaches to crop yield insurance in developing countries |
| title_full_unstemmed | New approaches to crop yield insurance in developing countries |
| title_short | New approaches to crop yield insurance in developing countries |
| title_sort | new approaches to crop yield insurance in developing countries |
| topic | crop yield agricultural insurance crops developing countries |
| url | https://hdl.handle.net/10568/161315 |
| work_keys_str_mv | AT skeesjerry newapproachestocropyieldinsuranceindevelopingcountries AT hazellpeterbr newapproachestocropyieldinsuranceindevelopingcountries AT mirandamario newapproachestocropyieldinsuranceindevelopingcountries |