Determining Wheat Crop Insurance Premium Based on Area Yield Insurance Scheme in Konya Province, Turkey

Developing Area Yield Crop Insurance under Alternative Parametric Methods: Case study for Wheat in East Azarbaijan Province, Iran

In crop insurance design, the yield guarantee and the premium are very important parameters, both of which depend upon the yield distribution. Accordingly, the accurate modeling of yield distribution is essential for designing crop insurance contracts. This study employs historical county-level yield data for irrigated and dry wheat in East Azarbaijan Province, Iran for 1975-2013 to evaluate th...

Estimation of crop yield distribution and Insurance Premium using Shrinkage Estimator: A Hierarchical Bayes and Small Area Estimation Approach

Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s Annual Meeting,Seattle, Washington, August 12-14, 2012. Copyright 2012 by Sebastain N. Awondo,Gauri S. Datta,Octavio A. Ramirez, and Esendugue G. Fonsah. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice...

Design of Wheat Drought Index Insurance in Shandong Province

Agro-meteorological index insurance can transfer the risks in the agricultural production, reduce the farmers' economic losses, and promote a sustainable development of agricultural production. However, traditional agricultural insurance with a single rate has the problems of the presence of adverse selection, the difficulty of determining premium rates and assessing the claims. As a new agricu...

Weather Based Crop Insurance in India

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...

Crop Revenue and Yield Insurance Demand: A Subjective Probability Approach