Pricing of Rainfall Index Insurance for Rainfed Wheat and Barley in Hashtroud County of Iran

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

DASHTI GH.; CHERAGHI M.; PISHBAHAR E.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Journal of Agricultural Economics and Development Year:2020 | Volume:28 | Issue:110 Page(s): 1-23

Download Full-Text

Persian Verion

View:

2,038

Download:

Cites:

Information Journal Paper

Title

Pricing of Rainfall Index Insurance for Rainfed Wheat and Barley in Hashtroud County of Iran

Author(s)

DASHTI GH. | CHERAGHI M. | PISHBAHAR E. | Issue Writer Certificate

Keywords

Lost cost functionQ1

Rainfall index insuranceQ1

WheatQ1

BarleyQ1

Abstract

Agricultural insurance is a good alternative of stabilizing producers'' incomes, but problems such as asymmetric information have made insurance an expensive tool. Recent studies have shown that weather index insurance manage these problems. Rainfall values have the greatest impact on agricultural production, compared to other climatic factors. On the other hand, Hashtroud County has a central position in Wheat and Barley production in in East Azerbaijan province of Iran. Therefore, in this study, the pricing of Rainfall index insurance for Wheat and Barley in this county was investigated. In this regard, the required data of Wheat and Barley yield and rainfall during 1991-2015 were collected. The results of indemnity function showed that in the cropping years of 1999-2000 and 2007-08 with the annual rainfall of less than 225 mm, the indemnity was fully paid, equal to the maximum level of the insurer''s liability. Then, using the lost-cost function and log-logistic theoretical distribution, the premium rate was calculated to be 18 percent. Actual premiums were calculated at four levels of coverage and for each product, the calculated amount for Wheat for the cropping year 2014-15 at the coverage level of 80 percent was 2568641 IR Rials and for the Barley, equal to 2410948. 1 IR Rials. The results showed that the premiums calculated in this study for both products were higher than current premiums. Therefore, it might be suggested that the concerned premiums calculated to reduce the inefficiency of the Agricultural Insurance Fund should be taken into consideration by policy makers and managers of agricultural sector.

Cites

No record.

References

No record.

Cite

APA: Copy

DASHTI, GH., CHERAGHI, M., & PISHBAHAR, E.. (2020). Pricing of Rainfall Index Insurance for Rainfed Wheat and Barley in Hashtroud County of Iran. EQTESAD-E KESHAVARZI VA TOWSE'E, 28(110 ), 1-23. SID. https://sid.ir/paper/361652/en

Vancouver: Copy

DASHTI GH., CHERAGHI M., PISHBAHAR E.. Pricing of Rainfall Index Insurance for Rainfed Wheat and Barley in Hashtroud County of Iran. EQTESAD-E KESHAVARZI VA TOWSE'E[Internet]. 2020;28(110 ):1-23. Available from: https://sid.ir/paper/361652/en

IEEE: Copy

GH. DASHTI, M. CHERAGHI, and E. PISHBAHAR, “Pricing of Rainfall Index Insurance for Rainfed Wheat and Barley in Hashtroud County of Iran,” EQTESAD-E KESHAVARZI VA TOWSE'E, vol. 28, no. 110 , pp. 1–23, 2020, [Online]. Available: https://sid.ir/paper/361652/en

Related Journal Papers