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Riesgo Agropecuario: Incidencia Económica e Innovaciones para su mitigación. El caso de Argentina
[Agricultural Risk Managment: Economic Incidence and Mitigation Innovations. The Case of Argentina]

Author

Listed:
  • Miguel, Fusco
  • Dario, Bacchini
  • Esteban Otto, Thomasz

Abstract

The aim of this paper is to summarise a variety of dimensions of agricultural risk in Argentina and to propose different lines of research related to an integrated risk management framework at the macro and micro levels. First, we analyse the incidence of the primary sector in the Argentinean economy, to have one first dimension of the exposure to external shocks. Then, we present some major risks that affect small agricultural producers at a micro level. Finally, we introduce some financial innovations that reduce climate and price risk exposure, such as weather derivatives and index-based insurances.

Suggested Citation

  • Miguel, Fusco & Dario, Bacchini & Esteban Otto, Thomasz, 2014. "Riesgo Agropecuario: Incidencia Económica e Innovaciones para su mitigación. El caso de Argentina [Agricultural Risk Managment: Economic Incidence and Mitigation Innovations. The Case of Argentina]," MPRA Paper 56408, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:56408
    as

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    References listed on IDEAS

    as
    1. Makaudze, Ephias M. & Miranda, Mario J., 2009. "Catastrophic Drought Insurance based on the Remotely Sensed Normalized Difference Vegetation Index for Smallholder Farmers in Zimbabwe," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 96183, African Association of Agricultural Economists (AAAE).
    2. Peter Alaton & Boualem Djehiche & David Stillberger, 2002. "On modelling and pricing weather derivatives," Applied Mathematical Finance, Taylor & Francis Journals, vol. 9(1), pages 1-20.
    3. 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.
    4. Patrick L. Brockett & Mulong Wang & Chuanhou Yang, 2005. "Weather Derivatives and Weather Risk Management," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 8(1), pages 127-140, March.
    5. Helyette Geman & M. Leonardi, 2005. "Alternative Approaches to Weather Derivatives Pricing," Post-Print halshs-00144304, HAL.
    6. repec:dau:papers:123456789/1386 is not listed on IDEAS
    7. Jewson,Stephen & Brix,Anders With contributions by-Name:Ziehmann,Christine, 2005. "Weather Derivative Valuation," Cambridge Books, Cambridge University Press, number 9780521843713, November.
    8. Durán Lima, José Elías & Kuwayama, Mikio, 2003. "La calidad de la inserción internacional de América Latina y el Caribe en el comercio mundial," Comercio Internacional 4365, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    agricultural risk; macroeconomic vulnerability; financial innovations; index-based insurances;
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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