IDEAS home Printed from https://ideas.repec.org/a/ags/jlaare/303607.html
   My bibliography  Save this article

Design of the Rainfall Index Crop Insurance Program for Pasture, Rangeland, and Forage

Author

Listed:
  • Cho, Whoi
  • Brorsen, B. Wade

Abstract

No abstract is available for this item.

Suggested Citation

  • Cho, Whoi & Brorsen, B. Wade, 2021. "Design of the Rainfall Index Crop Insurance Program for Pasture, Rangeland, and Forage," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 46(01), January.
    • Handle: RePEc:ags:jlaare:303607
    DOI: 10.22004/ag.econ.303607
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/303607/files/JARE46.1Cho85-100.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.303607?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Park, Eunchun & Harri, Ardian & Coble, Keith, 2019. "How to Estimate Crop Yield Densities of Counties with Missing Data," SCC-76 Meeting, 2019, April 4-6, Kansas City, Missouri 288097, SCC-76: Economics and Management of Risk in Agriculture and Natural Resources.
    2. Ashlee Westerhold & Cory Walters & Kathleen Brooks & Monte Vandeveer & Jerry Volesky & Walter Schacht, 2018. "Risk implications from the selection of rainfall index insurance intervals," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 78(5), pages 514-531, May.
    3. Eunchun Park & B Wade Brorsen & Ardian Harri, 2019. "Using Bayesian Kriging for Spatial Smoothing in Crop Insurance Rating," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 101(1), pages 330-351.
    4. repec:cup:judgdm:v:2:y:2007:i::p:342-350 is not listed on IDEAS
    5. Michael T. Norton, 2013. "Quantifying spatial basis risk for weather index insurance," Journal of Risk Finance, Emerald Group Publishing, vol. 14(1), pages 20-34, February.
    6. Park, Eunchun & Brorsen, B. Wade & Harri, Ardian, 2020. "Spatially Smoothed Crop Yield Density Estimation: Physical Distance versus Climate Similarity," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 45(3), September.
    7. Pan, Qianyao & Sumner, Dan & Yu, Jisang, 2019. "Profitability of and Choice to Enroll in the Pasture, Rangeland and Forage Rainfall Index Insurance Program," SCC-76 Meeting, 2019, April 4-6, Kansas City, Missouri 288103, SCC-76: Economics and Management of Risk in Agriculture and Natural Resources.
    8. Gunnar Breustedt & Raushan Bokusheva & Olaf Heidelbach, 2008. "Evaluating the Potential of Index Insurance Schemes to Reduce Crop Yield Risk in an Arid Region," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(2), pages 312-328, June.
    9. Michael T. Norton & Calum Turvey & Daniel Osgood, 2012. "Quantifying spatial basis risk for weather index insurance," Journal of Risk Finance, Emerald Group Publishing, vol. 14(1), pages 20-34, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Collins, Wilson, 2022. "Potential Changes To Improve The Pasture, Rangeland, Forage Insurance Program," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322574, Agricultural and Applied Economics Association.
    2. Goodrich, Brittney K. & Davidson, Kelly A., . "Enrollment in Pasture, Rangeland, and Forage Rainfall Index Insurance: Awareness Matters," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(2).
    3. Marin Elisabeth Skidmore, 2023. "Outsourcing the dry season: Cattle ranchers' responses to weather shocks in the Brazilian Amazon," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 409-433, March.
    4. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    5. Yikuan Chen & B. Wade Brorsen & Jon T. Biermacher & Mykel Taylor, 2022. "Spatially varying wheat protein premiums," Letters in Spatial and Resource Sciences, Springer, vol. 15(3), pages 587-598, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Antoine Leblois & Philippe Quirion & Benjamin Sultan, 2013. "Price vs. weather shock hedging for cash crops: ex ante evaluation for cotton producers in Cameroon," Working Papers hal-00796528, HAL.
    2. Vroege, Willemijn & Dalhaus, Tobias & Finger, Robert, 2019. "Index insurances for grasslands – A review for Europe and North-America," Agricultural Systems, Elsevier, vol. 168(C), pages 101-111.
    3. Sibiko, Kenneth W. & Veettil, Prakashan C. & Qaim, Matin, 2016. "Small Farmers’ Preferences for Weather Index Insurance: Insights from Kenya," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246399, African Association of Agricultural Economists (AAAE).
    4. Jensen, Nathaniel D. & Barrett, Christopher B. & Mude, Andrew G., 2014. "Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya," MPRA Paper 59153, University Library of Munich, Germany.
    5. Park, Eunchun & Harri, Ardian & Coble, Keith H., 2022. "Estimating Crop Yield Densities for Counties with Missing Data," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 47(3), September.
    6. Pelka, Niels & Mußhoff, Oliver, 2015. "Das Risikoreduzierungspotenzial von Wetterindexversicherungen im Agribusiness – Die Bedeutung des Aggregationsniveaus von Ertragszeitreihen," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 64(02), June.
    7. Mengmeng Qiang & Manhong Shen & Guanjun Xia, 2023. "The effectiveness of weather index insurance in managing mariculture production risk," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 67(2), pages 245-262, April.
    8. Huo, Ran & Octavio, Ramirez, 2017. "Basis risk and welfare effect of weather index insurance for smallholders in China," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252816, Southern Agricultural Economics Association.
    9. Eltazarov, Sarvarbek, 2023. "The potential of satellite-based data to detect weather extremes and crop yield variation for hedging agricultural weather risks in Central Asia and Mongolia: Three essays," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 286134, February.
    10. Yong Liu & A. Ford Ramsey, 2023. "Incorporating historical weather information in crop insurance rating," American Journal of Agricultural Economics, John Wiley & Sons, vol. 105(2), pages 546-575, March.
    11. Shih-Chieh Liao & Shih-Chieh Chang & Tsung-Chi Cheng, 2021. "Managing the Volatility Risk of Renewable Energy: Index Insurance for Offshore Wind Farms in Taiwan," Sustainability, MDPI, vol. 13(16), pages 1-27, August.
    12. Ani Melkonyan & Malcolm Asadoorian, 2014. "Climate impact on agroeconomy in semiarid region of Armenia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(2), pages 393-414, April.
    13. Bokusheva, Raushan, 2010. "Measuring the dependence structure between yield and weather variables," MPRA Paper 22786, University Library of Munich, Germany.
    14. A Ford Ramsey, 2020. "Probability Distributions of Crop Yields: A Bayesian Spatial Quantile Regression Approach," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(1), pages 220-239, January.
    15. Antoine Leblois & Philippe Quirion, 2013. "Agricultural insurances based on meteorological indices: realizations, methods and research challenges," Post-Print hal-00656778, HAL.
    16. Antoine Leblois & Philippe Quirion & Agali Alhassane & Seydou Traoré, 2014. "Weather Index Drought Insurance: An Ex Ante Evaluation for Millet Growers in Niger," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 57(4), pages 527-551, April.
    17. Hong Shi & Zhihui Jiang, 2016. "The efficiency of composite weather index insurance in hedging rice yield risk: evidence from China," Agricultural Economics, International Association of Agricultural Economists, vol. 47(3), pages 319-328, May.
    18. Takahashi, Kazushi & Ikegami, Munenobu & Sheahan, Megan & Barrett, Christopher B., 2014. "Quasi-experimental evidence on the drivers of index-based livestock insurance demand in Southern Ethiopia," IDE Discussion Papers 480, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    19. Yong Liu & Alan P. Ker, 2021. "Simultaneous borrowing of information across space and time for pricing insurance contracts: An application to rating crop insurance policies," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(1), pages 231-257, March.
    20. Shweta Sinha & Nitin K. Tripathi, 2016. "Assessing the Challenges in Successful Implementation and Adoption of Crop Insurance in Thailand," Sustainability, MDPI, vol. 8(12), pages 1-20, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlaare:303607. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.