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An Empirical Evaluation of Irrigation Insurance for Agricultural Systems in the Mexican Northwest

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  • Leiva, Akssell J.
  • Skees, Jerry R.

Abstract

Prototype inflow-based derivative contracts are designed to hedge irrigation risk in the Rio Mayo Valley of Sonora, Mexico. The results indicate that an 18-month contract is feasible given the specific characteristics of the region selected for the study.

Suggested Citation

  • Leiva, Akssell J. & Skees, Jerry R., 2006. "An Empirical Evaluation of Irrigation Insurance for Agricultural Systems in the Mexican Northwest," Annual Meeting, 2006, May 25-28, Montreal, Quebec 34177, Canadian Agricultural Economics Society.
    • Handle: RePEc:ags:caes06:34177
    DOI: 10.22004/ag.econ.34177
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    References listed on IDEAS

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    3. Skees, Jerry R. & Enkh-Amgalan, Ayurzana, 2002. "Examining the feasibility of livestock insurance in Mongolia," Policy Research Working Paper Series 2886, The World Bank.
    4. Jerry R. Skees & Panos Varangis & Donald F. Larson & Paul Siegel, 2002. "Can Financial Markets be Tapped to Help Poor People Cope with Weather Risks?," WIDER Working Paper Series DP2002-23, World Institute for Development Economic Research (UNU-WIDER).
    5. Iglesias, Eva & Garrido, Alberto & Gomez-Ramos, Almudena, 2003. "Evaluation of drought management in irrigated areas," Agricultural Economics, Blackwell, vol. 29(2), pages 211-229, October.
    6. Taylor, R. Garth & Young, Robert A., 1995. "Rural-To-Urban Water Transfers: Measuring Direct Foregone Benefits Of Irrigation Water Under Uncertain Water Supplies," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 20(2), pages 1-16, December.
    7. Naylor, Rosamond L. & Falcon, Walter P. & Puente-Gonzalez, Arturo, 2001. "Policy Reforms And Mexican Agriculture: Views From The Yaqui Valley," Economics Program Papers 23719, CIMMYT: International Maize and Wheat Improvement Center.
    8. Hao, Jianqiang & Hartell, Jason G. & Skees, Jerry R., 2004. "Optimal Inter-Period Weighting of Cumulative Indices for Weather-Based Contingent Claims," 2004 Annual meeting, August 1-4, Denver, CO 19926, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Turner, Brenda & Perry, Gregory M., 1997. "Agriculture To Instream Water Transfers Under Uncertain Water Availability: A Case Study Of The Deschutes River, Oregon," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(2), pages 1-14, December.
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