IDEAS home Printed from https://ideas.repec.org/a/fru/finjrn/180107p87-99.html
   My bibliography  Save this article

Agricultural Insurance in Russia and Abroad: Comparative Characteristics

Author

Listed:
  • Yuri A. Spletuhov

    (Financial Research Institute, Moscow, Russia; Financial University under the Government of the Russian Federation, Moscow, Russia)

Abstract

The article discusses the practice of agricultural insurance in the Russian Federation and in foreign countries, and, above all, agricultural insurance programs with state support. In particular, it characterizes the objectives that the state solves when providing such support, the content of programs, the consequences of their implementation. The author generalizes the principles of crops and cattle insurance with the state participation in Russia and analyzes it. The dynamics of insurance development. Particular attention is paid to countries with the most developed insurance program as the USA, Canada and Spain. Moreover, the author provides characteristics of agricultural insurance schemes, defines the role and functions of state and private insurers, state support methods, insurance types and achieved results. In conclusion, the author dwells on the problems arising in the implementation of agricultural insurance programs with government support.

Suggested Citation

  • Yuri A. Spletuhov, 2018. "Agricultural Insurance in Russia and Abroad: Comparative Characteristics," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 87-99, February.
    • Handle: RePEc:fru:finjrn:180107:p:87-99
    DOI: 10.31107/2075-1990-2018-1-87-99
    as

    Download full text from publisher

    File URL: http://www.nifi.ru/images/FILES/Journal/Archive/2018/1/statii_2018_1/fm_2018_1__07.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31107/2075-1990-2018-1-87-99?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. Olivier Mahul & Charles J. Stutley, 2010. "Government Support to Agricultural Insurance : Challenges and Options for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2432.
    2. Konstantin S. Proshin & Alexander M. Shaykin, 2017. "Basic Approaches to Implementing Index-based Crop Insurance in the Russian Federation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 121-130, December.
    Full references (including those not matched with items on IDEAS)

    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. Wagener, Andreas & Zenker, Juliane, 2018. "Decoupled but not neutral: The effects of stochastic transfers on investment and incomes in rural Thailand," TVSEP Working Papers wp-008, Leibniz Universitaet Hannover, Institute for Environmental Economics and World Trade, Project TVSEP.
    2. Ashimwe, Olive, 2016. "An Economic Analysis Of Impact Of Weather Index-Based Crop Insurance On Household Income In Huye District Of Rwanda," Research Theses 265675, Collaborative Masters Program in Agricultural and Applied Economics.
    3. Glauber, Joseph W., 2017. "Agricultural insurance and the WTO:," IFPRI book chapters, in: Bouët, Antoine & Laborde Debucquet, David (ed.), Agriculture, development, and the global trading system: 2000– 2015, chapter 10, International Food Policy Research Institute (IFPRI).
    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. World Bank, 2011. "Enhancing Crop Insurance in India," World Bank Publications - Reports 2748, The World Bank Group.
    6. Wynn, Katherine & Spangenberg, German & Smith, Kevin & Wilson, William, 2017. "Valuing Genetically Modified Traits in Canola Using Real Options," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(2), May.
    7. World Bank, 2011. "Kazakhstan : Agricultural Insurance Feasibility Study, Volume 2. Annexes," World Bank Publications - Reports 20780, The World Bank Group.
    8. F. G. Santeramo & B. K. Goodwin & F. Adinolfi & F. Capitanio, 2016. "Farmer Participation, Entry and Exit Decisions in the Italian Crop Insurance Programme," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(3), pages 639-657, September.
    9. 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.
    10. World Bank, 2012. "Agricultural Risk Management in the Caribbean : Lessons and Experiences, 2009-2012," World Bank Publications - Reports 13242, The World Bank Group.
    11. Smith, Vincent H. & Glauber, Joseph & Dismukes, Robert, 2016. "Rent Dispersion in the US Agricultural Insurance Industry:," IFPRI discussion papers 1532, International Food Policy Research Institute (IFPRI).
    12. Maichanou, Ahamadou, 2017. "La micro-assurance agricole indicielle au Niger‪," Économie rurale, French Society of Rural Economics (SFER Société Française d'Economie Rurale), vol. 359(May-June).
    13. Chi, Yichun & Zheng, Jiakun & Zhuang, Shengchao, 2022. "S-shaped narrow framing, skewness and the demand for insurance," Insurance: Mathematics and Economics, Elsevier, vol. 105(C), pages 279-292.
    14. Visser, Martine & Jumare, Hafsah & Brick, Kerri, 2020. "Risk preferences and poverty traps in the uptake of credit and insurance amongst small-scale farmers in South Africa," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 826-836.
    15. Petraud, Jean & Boucher, Stephen & Carter, Michael, 2015. "Competing theories of risk preferences and the demand for crop insurance: Experimental evidence from Peru," 2015 Conference, August 9-14, 2015, Milan, Italy 211383, International Association of Agricultural Economists.
    16. Lipińska Izabela, 2016. "Managing the Risk in Agriculture Production: The Role of Government," European Countryside, Sciendo, vol. 8(2), pages 86-97, June.
    17. Alexander A. Tsyganov & Irina A. Bystronovskaya, 2023. "Possible Organizational and Economic Schemes of Index Insurance in Russian Agriculture," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 6, pages 61-75, December.
    18. K.A. Naminova & N.T. Pavlova & M.P. Sarunova & D.V. Idzhilova, 2018. "Index Insurance as a Tool to Improve the Russian System of Insuring Risks of Agricultural Organizations with State Support," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 351-361.
    19. Mina, Christian D. & Reyes, Celia M. & Agbon, Adrian D. & Arboneda, Arkin, 2017. "Crop Insurance Program of the Philippine Crop Insurance Corporation: Integrative Report from the Five Case Regions in the Philippines," Discussion Papers DP 2017-39, Philippine Institute for Development Studies.
    20. Narayan Prasad Nagendra & Gopalakrishnan Narayanamurthy & Roger Moser, 2022. "Satellite big data analytics for ethical decision making in farmer’s insurance claim settlement: minimization of type-I and type-II errors," Annals of Operations Research, Springer, vol. 315(2), pages 1061-1082, August.

    More about this item

    Keywords

    agricultural insurance; government support; budgetary subsidies of insurance premiums;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

    Statistics

    Access and download statistics

    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:fru:finjrn:180107:p:87-99. 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: Gennady Ageev (email available below). General contact details of provider: https://edirc.repec.org/data/frigvru.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.