Research on crop insurance and change in farmers’ welfare.

Crop insurance is one of the methods by which farmers can stabilize farm income, investment and guard against disastrous effect of losses due to natural hazards or low market prices.

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This narrowing down of production base, made national production and productivity more volatile. Yield risk between the two periods increased from 22 per cent to 31.3 per cent and output risk increased from 25.3 per cent to 33.2 per cent. This made the groundnut a most risky crop at national level.

Related Research. These papers published by the AGree Coalition explore complex and controversial aspects of the federal crop insurance program, alongside creative ideas for change.

The crop insurance scheme performs poorly both in terms of coverage (number of hectares insured and number of farmers purchasing insurance) and financial performance. The authors provide a framework for designing a crop insurance scheme based on the premise that insurance is a cost effective risk management techniques.

The respondents were interviewed using a pre-tested questionnaire for identifying factors influencing and constraints in adoption of crop insurance schemes. The study revealed that lack of scope for crop diversification and definite crop loss due to adverse climatic condition were the major factors influencing the adoption of crop insurance.

This paper contains some results of my doctoral research on the Comprehensive Crop Insurance Scheme of India. It is a slightly revised version of a paper presented at the 1993 annual conference of the Development Studies Association of the UK. Search for more papers by this author.

Policy Research Working Paper 5985. The weather index insurance market in India is the world’s largest, having transitioned from small-scale and scattered pilots to a large-scale weather based crop insurance program covering more than 9 million farmers. This paper provides a critical overview of this market.

The weather index insurance market in India is the world's largest, having transitioned from small-scale and scattered pilots to a large-scale weather based crop insurance program covering more than 9 million farmers. This paper provides a critical overview of this market, including a review of indices used for insurance purposes.

Three Keys to Protecting Your Clients: Evaluating risk management tools through an employer’s lens.

Agricultural insurance (English) Abstract. Agricultural production faces a myriad of risks. Nevertheless, two major risks are of concern to the agricultural sector, price risk caused by potential volatility in prices and production risk resulting from uncertainty about the levels of production.

This research contributes to the field by analyzing the dependence structure of crop prices and input (fertilizers) prices in a relatively new insurance concept, Margin Coverage. Modeling dependence using copulas is nowadays very common to account for the variable structures. However, the use of copula in higher dimensions is challenging.