The DOI matches its Crossref record; 71 of the 71 references it cites were found in a registry or an index.
Crop Insurance as a Strategy for Adapting to Climate Change
Open accessAbstract
Financial insurance for extreme events can play an important role in hedging against the implications of climate change. This paper combines a comprehensive estimation strategy and a unique panel dataset to study the role of financial insurance in farmers' welfare under uncertainty. Data are drawn from a large Italian farm panel dataset. We find that (i) demand for insurance products is likely to increase in response to climatic conditions, and (ii) that the use of insurance reduces the extent of risk exposure. We also find that farms growing more crops are less likely to adopt the insurance scheme. This confirms what is found in the theoretical literature. Crop diversification can be a substitute for financial insurance in hedging against the impact of risk exposure on welfare.
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Cites
(2001) · RePEc: Research Papers in Economics · Cited by 27,577
(2007) · Medical Entomology and Zoology · Cited by 9,612
Climate Trends and Global Crop Production Since 1980
Lobell, D. B., Schlenker, W., & Costa-Roberts, J. (2011) · Science · doi:10.1126/science.1204531 · Cited by 4,546
(2009) · Cited by 4,453
Europe-wide reduction in primary productivity caused by the heat and drought in 2003
Ciais, P., Reichstein, M., Viovy, N., Granier, A., Ogée, J., Allard, V., Aubinet, M., Buchmann, N., Bernhofer, C., Carrara, A., et al. (2005) · Nature · doi:10.1038/nature03972 · Cited by 4,146
The role of increasing temperature variability in European summer heatwaves
Schär, C., Vidale, P. L., Lüthi, D., Frei, C., Häberli, C., Liniger, M. A., & Appenzeller, C. (2004) · Nature · doi:10.1038/nature02300 · Cited by 2,781
Angrist, J. D., & Krueger, A. B. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.4.69 · Cited by 2,355
Deressa, T. T., Hassan, R. M., Ringler, C., Alemu, T., & Yesuf, M. (2009) · Global Environmental Change · doi:10.1016/j.gloenvcha.2009.01.002 · Cited by 1,939
Market Insurance, Self-Insurance, and Self-Protection
Ehrlich, I., & Becker, G. S. (1972) · Journal of Political Economy · doi:10.1086/259916 · Cited by 1,391
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(2022) · Climate Change and Land · doi:10.1017/9781009157988.003 · Cited by 23
Metadata
- Authors
- Falco, S. D., Adinolfi, F., Bozzola, M., & Capitanio, F.
- Venue
- Journal of Agricultural Economics
- Publisher
- Wiley
- Published
- 2014-03-04
- Volume
- 65
- Issue
- 2
- Pages
- 485-504
- ISSN
- 0021-857X (ISSN-L)
- 1477-9552
- OpenAlex
- W1975448255
- Cited by
- 253
- References
- 71
- FWCI
- 13.53
- Type
- journal article
- Language
- en
- Open access
- green
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- Falco, S. D., Adinolfi, F., Bozzola, M., & Capitanio, F. (2014). Crop Insurance as a Strategy for Adapting to Climate Change. Journal of Agricultural Economics. https://doi.org/10.1111/1477-9552.12053
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.