ASSESSMENT OF THE RISK MANAGEMENT POTENTIAL OF A RAINFALL BASED INSURANCE INDEX AND RAINFALL OPTIONS IN ANDHRA PRADESH, INDIA

Autor:	Veeramani, Venkat N., Maynard, Leigh J., Skees, Jerry R.
Rok vydání:	2003
Předmět:	Risk and Uncertainty
Popis:	Crop insurance is an alternative risk management technique available to farmers for stabilizing their revenue risk and schemes based on area yield have been in operation for quite some time. Here rainfall based insurance indices and options are suggested as a replacement for the expensive area yield programs. Instead of direct premium subsidies which are distorting, premium subsidy is taken as a function of adverse deviation of rainfall from the mean. A sensitivity analysis at different revenue elasticity levels with respect to rainfall was performed. Potential for private insurer's and reinsurer's participation exists with rainfall based index and options.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______645::671f83d5249c591282c8a92155dc74c8 http://purl.umn.edu/22183 Zobrazit plný text záznamu