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Climate Change And Crop Yield Distribution: Some New Evidence From Panel Data Models And Implications For Crop Insurance

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  • Chang, Ching-Cheng
  • Chen, Chi-Chung

Abstract

This study examines the impact of climate on yield for seven major crops in Taiwan based on a pooled panel data of 15 counties over the period 1977-1996. Unit-root tests and maximum likelihood methods are explored to obtain reliable estimates. Results suggest that climate has diversified impacts on crop yields and their variability. A simple crop insurance model by Ahsan, Ali, and Kurian (1982) is shown how crop yield distribution can be the base to calculate the premium and indemnity.

Suggested Citation

  • Chang, Ching-Cheng & Chen, Chi-Chung, 2002. "Climate Change And Crop Yield Distribution: Some New Evidence From Panel Data Models And Implications For Crop Insurance," 2002 Annual meeting, July 28-31, Long Beach, CA 19589, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea02:19589
    DOI: 10.22004/ag.econ.19589
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    References listed on IDEAS

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