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Analysis of the Influencing Factors on the Farmers’ Take-up of Greenhouse Agricultural Insurance Cover: A Case Study

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  • Ercan Ozen
  • Simon Grima

Abstract

The purpose of this study is to analyse the insurance claims and insurance intentions of the farmers who are engaged in greenhouse cultivation and to determine the influencing factors affecting the insurance process. Various methods were used in the study since results obtained from one source were deemed insufficient in explaining the insurance behaviours of farmers. These included a survey, interview, document analysis and a literature review. The survey data was analysed using basic statistics and ANOVA. Findings indicate that that the intention of the farmers to take an greenhouse agricultural insurance coverage is not influenced by factors relating to the experience of previous damages, positivity, reason, and facilitation. However, it is influenced by factors relating to the farmers’ attitude and the obstacles they face. The most prominent influential factors preventing farmers from purchasing agriculture insurance are physical problems (1) derived from insufficient resources, (2) property and deed-title issues in greenhouse areas and (3) the problems regarding damage payments. It is emphasised that insurance-related problems can be solved by a macro-scale agricultural reform and communication between the relative parties. These findings can be used as a tool in policy development by farmers, insurance institutions and related government institutions.

Suggested Citation

  • Ercan Ozen & Simon Grima, 2018. "Analysis of the Influencing Factors on the Farmers’ Take-up of Greenhouse Agricultural Insurance Cover: A Case Study," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 14-33.
    • Handle: RePEc:ers:ijebaa:v:vi:y:2018:i:4:p:14-33
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    7. Peter J. Baldacchino & Chantelle Camilleri & Simon Grima & Frank H. Bezzina, 2017. "Assessing Incentive and Monitoring Schemes in the Corporate Governance of Maltese Co-operatives," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 177-195.
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    Cited by:

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    2. Ndekwa, Alberto Gabriel & Kalugendo, Elizeus & Sood, Kiran & Grima, Simon, 2023. "An Analysis of Agribusiness Digitalisation Transformation of the Sub-Saharan African Countries Small-Scale Farmers' Production Distribution," Research on World Agricultural Economy, Nan Yang Academy of Sciences Pte Ltd (NASS), vol. 4(3), September.

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    More about this item

    Keywords

    Agriculture insurance; greenhouse cultivation; farmer.;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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