Yield risk and the potential for insurance in agriculture

Nurmet, M., Estonian Univ. of Life Sciences, Tartu . Inst. of Economics and Social Sciences; Lemsalu, K., Estonian Univ. of Life Sciences, Tartu . Inst. of Economics and Social Sciences; Poder, A., Estonian Univ. of Life Sciences, Tartu . Inst. of Economics and Social Sciences

Yield risk and the potential for insurance in agriculture

2018

Nurmet, M., Estonian Univ. of Life Sciences, Tartu (Estonia). Inst. of Economics and Social Sciences | Lemsalu, K., Estonian Univ. of Life Sciences, Tartu (Estonia). Inst. of Economics and Social Sciences | Poder, A., Estonian Univ. of Life Sciences, Tartu (Estonia). Inst. of Economics and Social Sciences

The introduction of yield insurance schemes for the farmers that would contribute to the diversification of risk transfer opportunities in the agricultural sector is under the consideration in Estonia. The paper focuses on agricultural insurance practices that could lead to the solutions for farmers. The aim is to study possible volume of yield insurance in Estonia. The development of agricultural insurance schemes is heterogeneous in different EU Member States and the characteristics of specific agricultural insurances for the crop sector vary from market-based single and combined risk insurances to the policy-type insurances. The analysis of Estonian data indicates that cereal yields and yield volatility differ across the Estonia regions, and the potential market volume for crop insurance is low.

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AGROVOC Keywords

agricultural insurance assurance agricole cereal crops crop insurance crop yield cultivos de cereales estonia estonie field crops latvia letonia lettonie rendement des cultures rendimiento de cultivos secteur agroindustriel sector agroindustrial seguro agrario seguro de cosechas

Bibliographic information

Published in

Economic Science for Rural Development (Latvia) | proceedings of the international scientific conference

Issue 49/2018 ISSN 2255-9930

Publisher

Latvia University of Life Sciences and Technologies

Pagination

p. 147−153

Other Subjects

Agroindustrial sector; Assurance recolte; Plante cerealiere

Language

English

Note

Summary (En)

2 tables, 2 fig., 14 ref.

ISBN

978-9984-48-294-1

Type

Conference; Web Site

Source

Bioeconomy. Finance and Taxes. Home Economics. New Dimensions in the Development of Society. [Proceedings of the 19th International Scientific Conference on Economic Science for Rural Development 2018] (online resource), Auzina, A..- Jelgava (Latvia): Latvia University of Life Sciences and Technologies, 2018. International Scientific Conference: Economic Science for Rural Development, 19, Jelgava (Latvia), 9−11 May 2018.- 978-9984-48-294-1.- p. 147−153

Conference

International Scientific Conference: Economic Science for Rural Development, 19, Jelgava (Latvia), 9−11 May 2018

In AGRIS since: 2020-02-15

Format: AGRIS AP

Data Provider

This bibliographic record has been provided by Fundamental Library of Latvia University of Life Sciences and Technologies

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Links

DOI https://llufb.llu.lv/conference/economic_science_rural/2018/Latvia_ESRD_49_2018-147-153.pdf https://llufb.llu.lv/conference/economic_science_rural/2018/Latvia_ESRD_49_2018.pdf

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