IDEAS home Printed from https://ideas.repec.org/p/ags/aaea10/61535.html
   My bibliography  Save this paper

Risk in Agriculture: Modeling Revenue Insurance for Crop Farms in Belgium

Author

Listed:
  • Hansen, Kristiana
  • Frahan, Bruno Henry de

Abstract

With trade liberalization in the Common Agricultural Policy, farmers within the European Union are increasingly exposed to the risk of fluctuations in output price and yields. Using numerical simulation methods, we model the effects of crop insurance on farm revenues and land allocation patterns among arable crop farms in the Region of Wallonia in the south of Belgium. We employ a mathematical programming framework within which we have embedded an econometrically estimated, farm-specific cost function that allows us to analyze the farm-specific effects of crop insurance.

Suggested Citation

  • Hansen, Kristiana & Frahan, Bruno Henry de, 2010. "Risk in Agriculture: Modeling Revenue Insurance for Crop Farms in Belgium," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61535, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea10:61535
    DOI: 10.22004/ag.econ.61535
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/61535/files/10992_Hansen_HenrydeFrahan.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.61535?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
    ---><---

    Citations

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


    Cited by:

    1. Severini, Simone & Cortignani, Raffaele, 2011. "Modeling farmer participation to a revenue insurance scheme by means of Positive Mathematical Programming," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 116001, European Association of Agricultural Economists.

    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:aaea10:61535. 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.

    We have no bibliographic references for this item. You can help adding them by using 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/aaeaaea.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.