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Insurance products in agriculture and farm insurance behaviour

Author

Listed:
  • Dimitar Nikolov
  • Minka Anastasova-Chopeva
  • Elizabeth Ivanova

Abstract

On the grounds of some main theoretical formulations for the risk management in agriculture, an outlook has been made of the practice in the country for the last years. Insurance in agriculture in the country dates back to the first years after the Liberation. The aim of the paper is to analyse the insurance development in agriculture in the recent years – from 2003 until 2011 and of the reactions of agricultural producers concerning the insurance. The methods of retrospective, comparative, statistic descriptive and probabilty analysis have been applied. As a result of the analysis, propositions have been made related to the risk management improvement in agriculture. On the basis of the obtained results conclusions were made regarding the insurance state in agriculture and the relation between different factors of agricultural farms management and insurance activity.

Suggested Citation

  • Dimitar Nikolov & Minka Anastasova-Chopeva & Elizabeth Ivanova, 2013. "Insurance products in agriculture and farm insurance behaviour," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 62-83,84-10.
    • Handle: RePEc:bas:econth:y:2013:i:1:p:62-83,84-102
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    Citations

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    Cited by:

    1. Ercan Ozen & Simon Grima, 2018. "Analysis of the Influencing Factors on the Farmers’ Take-up of Greenhouse Agricultural Insurance Cover: A Case Study," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 14-33.
    2. repec:ers:journl:v:vi:y:2018:i:4:p:14-33 is not listed on IDEAS

    More about this item

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture

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