Effectiveness of weather derivatives as a hedge against the weather risk in agriculture

Autor:	Ivana STULEC, Kristina PETLJAK, Tomislav BAKOVIC
Jazyk:	angličtina
Rok vydání:	2016
Předmět:	agriculture hedging effectiveness non-catastrophic weather risk weather derivatives Agriculture
Zdroj:	Agricultural Economics (AGRICECON), Vol 62, Iss 8, Pp 356-362 (2016)
Druh dokumentu:	article
ISSN:	0139-570X 1805-9295
DOI:	10.17221/188/2015-AGRICECON
Popis:	Weather affects the economies worldwide and all economic sectors are to some extent weather sensitive. Agriculture is traditionally highly weather sensitive. While the catastrophic impact of weather has been long recognized, studied and managed the non-catastrophic weather risk gains in importance as the climate change becomes more pronounced. Weather derivatives provide a flexible management solution for the non-catastrophic weather risk. The paper presents weather derivatives as a new weather risk management tool and reviews and discusses the effectiveness of their application in agriculture
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/f2958ee4c4f74a38a2568f9b7b64eec6 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF