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WEATHER INSURANCE TO PROTECT SPECIALTY CROPS AGAINST COSTS OF IRRIGATION IN DROUGHT YEARS
2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
The purpose of this research is to develop a rainfall insurance product to insure irrigation costs applied to NAP crops, and to compare the efficacy of this insurance on a dollar basis relative to conventional crop insurance. An economic model is developed that illustrates the relationship between rainfall, crop yields, costs of irrigation and profits.
Keywords: Resource /Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:ags:aaea03:21922
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