• Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
Akistudies
No Result
View All Result
Home Browse 2013 – Volume 115 Volume 115 - Issue 1

Impact of interest rates on the decision to insure in agricultural production

by TARASOV, Arthur
1 min read
  • Year 2013
  • Volume 115
  • Issue 1
  • Pages 1-7

This paper seeks to define the relationship between interest rates and decisions to insure among agricultural producers using the financial methodology. The choices are ultimately reduced to two options: to insure or to limit and absorb risk. Each choice produces a complex cash flow that is compared to the alternative and discounted by several factors. The difference between the options produces a quantitative measure of the financial incentive to insure. Some discounting factors of the cash flows follow the key interest rate to an extent for the latter to influence the decision to insure along with demand for insurance. The proposed method is tested on data from the emerging economy of Ukraine and the United States for the period 2002-2011. All participants of agricultural insurance markets can use the proposed methods to maximise efficiency. The research shows that ceteris paribus agricultural insurance requires bigger government subsidies to be viable under higher interest rates. Further empirical research is suggested.

Keywords: agricultural insurancedemand for insuranceinterest ratesrisk management
  • http://dx.doi.org/10.7896/j.1226
Download PDF
Previous Post

The effects of weather risks on micro-regional agricultural insurance premiums in Hungary

Next Post

Rural Development experiences in Germany: opportunities and obstacles in fostering smart places through LEADER

Search

No Result
View All Result

Journal Metrics

Scimago Journal & Country Rank

 

 

 

 

  • Scopus SJR (2021): 0.28
  • Scopus CiteScore (2021): 1.5
  • CitEc Impact Factor: 0.25
  • 5-Year CitEc Impact Factor: 0.44
  • 5-Year CitEc H index: 7
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

GDPR – Content Alert

 

GDPR – Submission

 

Publication Ethics and Malpractice Statement (PEMS)

 

Instructions for Authors

Most viewed

Institutions and Agricultural Economics: a theoretical framework from Evolutionary Institutionalism

by Attila Jambor
22/04/2022
0

This paper aims to present central concepts of Evolutionary Institutionalism and to highlight analytical elements that may be useful for...

Investigating eligible markets for Radicchio Rosso di Treviso PGI: the OMOI method

by Attila Jambor
22/04/2022
0

This paper contributes to the existing literature on geographical indications and, in particular, on the economic analysis of vegetables bearing...

Business opportunities in short food supply chains: the economic sustainability of three Hungarian para-gastro restaurants

by Attila Jambor
22/04/2022
0

Social enterprises have both economic and social motivations. This hybridity also determines their business model: these companies survive economically in...

Climate Factors and Maize Price Volatility in Developing Countries: Evidence from Benin

by Attila Jambor
22/04/2022
0

Changes in climate conditions are expected to significantly alter food production patterns and increase food price volatility, leading to challenges...

Keywords

adoption (4) agricultural insurance (2) agriculture (12) assessment (2) CAP (3) Central and Eastern Europe (3) climate change (5) Common Agricultural Policy (3) competitiveness (5) consumer preferences (4) Covid-19 (4) dairy farms (3) Data Envelopment Analysis (3) determinants (2) elasticity (3) European Union (6) FADN (3) family farms (4) farmers (3) farm income (3) Hungary (5) ICT (2) impact evaluation (4) innovation (4) international trade (2) intra-industry trade (2) LEADER (4) maize (3) methodology (2) Nigeria (2) off-farm income (4) organic farming (2) participation (3) policy (4) risk management (3) rural areas (4) rural development (13) rural employment (2) social capital (3) social innovation (3) stochastic frontier analysis (2) Structural Funds (3) sustainability (5) sustainable agriculture (3) technical efficiency (2)
Institute of Agricultural Economics
  • Home
  • About
  • Browse
  • Submission
© 2019 Copyright All rights reserved.
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse

© 2019 Copyright All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.