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The Role Of Area-Yield Crop Insurance In Farmers' Adjustment Against Risk In A Dryland Region Of Portugal

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  • Serrao, Amilcar
  • Coelho, Luis
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    Abstract

    This research develops a mathematical programming model to maximize the expected utility of the farmers' wealth-producing cereals in the Alentejo dryland region of Portugal, and it is used to determine the premium rate that crop farmers are willing to pay for reducing the variability of their incomes, and the Portuguese government subsidy of the premium rate in the case where the farmer is not willing to pay the totality of this.

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    File URL: http://purl.umn.edu/21841
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    Bibliographic Info

    Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2000 Annual meeting, July 30-August 2, Tampa, FL with number 21841.

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    Date of creation: 2000
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    Handle: RePEc:ags:aaea00:21841

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    Related research

    Keywords: Research Methods/ Statistical Methods; Risk and Uncertainty;

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    Cited by:
    1. Wilson, William W. & Henry, Xavier & Dahl, Bruce L., 2005. "Costs And Risks Of Conforming To Eu Traceability Requirements: The Case Of Hard Red Spring Wheat," Agribusiness & Applied Economics Report 23484, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Nganje, William E. & Tiapo, Napoleon M. & Wilson, William W., 2002. "Economic Impact Of Scab With Alternative Risk Management Strategy: The Case Of Crop Quality Insurance In Barley," Agribusiness & Applied Economics Report 23641, North Dakota State University, Department of Agribusiness and Applied Economics.

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