Managing the Agricultural Revenue Risk in Brazil: Implications for Developing a Crop Insurance Program Reportar como inadecuado




Managing the Agricultural Revenue Risk in Brazil: Implications for Developing a Crop Insurance Program - Descarga este documento en PDF. Documentación en PDF para descargar gratis. Disponible también para leer online.

Since 2003 crop insurance programs became the focus of agricultural policy in Brazil. Given the increasing interest in insurance, accurate calculation of premium values is of great importance. We address the issue of the revenue distribution at the farm-level and its implication to the Brazilian crop insurance contract. We estimate the probability of loss by using the Skew-normal distribution of revenue in the West of Parana (South of Brazil). Results show that insurers (empirical) rates tend to underestimate the risk in the lower coverage levels (50% and 60%). At the level of 70% of coverage the Empirical Rate and the Skew-Normal Rate are similar on average.

Keywords: revenue insurance ; premium rate ; skew-normal distribution ; agricultural policy

Subject(s): Agricultural and Food Policy

Risk and Uncertainty

Issue Date: 2013

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/151289

Total Pages: 2

Record appears in: Agricultural and Applied Economics Association (AAEA) > 2013 Annual Meeting, August 4-6, 2013, Washington, D.C.





Autor: Ozaki, Vitor Augusto ; Adami, Andreia Cristina de Oliveira

Fuente: http://ageconsearch.umn.edu/record/151289?ln=en



DESCARGAR PDF




Documentos relacionados