This paper proposes a density ratio estimator of crop yield distributions, wherein the number of observations for individual distributions is often quite small. The density ratio approach models individual densities as distortions from a common baseline density. We introduce a probability integral transformation to the density ratio method that simplifies the modeling of distortion functions. W...

Imagine there exist markets for yield futures contracts as well as ordinary price futures contracts. • Intuitively one would think that a combined use of yield futures contracts and price futures contracts ought to provide a reasonable strategy for insuring revenue. • In the paper this idea is made precise. It is shown that revenue can be secured in by a combined replication of these two contra...

Crop insurance is a risk management tool with the potential of dealing with risk more efficiently, the study uses a dichotomous contingent valuation method to elicit the willingness to pay for crop insurance among cereal farmers in the Eastern region of Ghana. The study employed descriptive statistical techniques to analyse primary data obtained from 208 sampled farmers in the region. Approxima...

The present study was conducted with a view to analyzed growth and trend in area, production and yield of major crops of Khyber Pakhtunkhwa. A time series data from 1980-81 to 2011-12 (32 years) of major crops (wheat, maize, rice and sugarcane) were collected. The compound growth rate as well as trend analysis indicated that the area under wheat crop has decreased over the time due to shifting ...

This paper tests the efficiency of insurance markets in the Pakistan Punjab by examining how crop choices are affected by the presence of price and yield risk. We estimate reduced-form and structural models of crop choices. Although we cannot reject the hypothesis that village members efficiently share risk among themselves, production choices are shown to depend on risk. Existing risk sharing ...

The study pertains to the economic issues of risk and uncertainties associated with financing hill agriculture from the twin angles of risk of farmers to utilize the credit and of bankers to disburse the agricultural loan. The issues discussed are: first, why the financial institutions are reluctant to lend agricultural advances? Second, whether the farm income or rate of return on equity and n...

Agricultural risks constitute a fundamental challenge in Nigeria, hence the importance of agricultural insurance in managing farm risks cannot be underestimated. As the crop sub-sector contributes about 85% of the agricultural GDP in Nigeria, this study focussed on awareness and factors that can enhance the adoption of crop insurance among crop farmers in Nigeria. Data collected from 310 random...

crop insurance is one of the best strategies to tackle farm risks and encourage producers to adopt modern production technologies. in present study, a sample of 224 insured and uninsured pistachio growers was selected for interview and collected required data using a simple random sampling method. then a logit multinomial model was used to assess factors affecting the choice of supplemental ins...

The purpose of this paper is to assess the gaps in the adoption of crop insurance in Thailand and suggest possible solutions relating to policy support and framework, implementation mechanisms, technology adoption, and awareness amongst farmers. The methodology includes a literature review, interaction with officials, rice experts and insurance experts, and discussion with farmers. A study was ...

abstract field experiment was conducted to evaluate the effects of sowing date, crop density, and weed interference on yield and yield components of chickpea in lorestan province during 2005-06. the experimental was a randomized complete block design by factorial arrangement with 4 replications. the experiment had 3 factors: sowing date at 2 levels (autumn, and winter), crop density at 3 levels...