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Risk management in agriculture

Author

Listed:
  • Bharat Ramaswami

    () (Indian Statistical Institute, New Delhi)

  • Shamika Ravi

    (New York University)

  • S.D. Chopra

    (Ministry of Agriculture, Govt of India)

Abstract

This monograph was written to be part of the series of studies commissioned by the Ministry of Agriculture under the rubric of "State of Indian Farmer - A Millennium Study". On the basis of existing literature, this study documents the status of our knowledge on risks of agriculture and their management. Chapter 2 discusses the evidence on the nature, type and magnitude of agricultural risks. Chapter 3 discusses farmer strategies to combat risk. In addition to the mechanisms at the level of the farm household, the need to cope with risk can also affect community interactions and social customs. This is examined in Chapter 4. In chapter 5, we consider how production risks have been transformed by developments in the agricultural economy in the post-independence period. In chapter 6, we review the principal developments that have impacted on market risks.

Suggested Citation

  • Bharat Ramaswami & Shamika Ravi & S.D. Chopra, 2003. "Risk management in agriculture," Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers 03-08, Indian Statistical Institute, New Delhi, India.
  • Handle: RePEc:ind:isipdp:03-08
    as

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    File URL: http://www.isid.ac.in/~pu/dispapers/dp03-08.pdf
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    References listed on IDEAS

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    9. Ramaswami, Bharat, 2000. "Forecasting Errors in the Absence of a Futures Market: The Seasonal Allocation of Wheat Supplies in India," Review of Development Economics, Wiley Blackwell, vol. 4(2), pages 184-193, June.
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    Cited by:

    1. Joko Mariyono, 2009. "Technological and Institutional Changes in the Indonesian Rice Sector: From Intensification to Sustainable Revitalization," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 6(2), pages 125-144, December.
    2. Kandulu, John M., 2013. "Quantifying the extent to which enterprise mix diversification can mitigate economic risk in rainfed agriculture," Australasian Agribusiness Review, University of Melbourne, Melbourne School of Land and Environment, vol. 21.
    3. Naschold, Felix, 2012. "“The Poor Stay Poor”: Household Asset Poverty Traps in Rural Semi-Arid India," World Development, Elsevier, vol. 40(10), pages 2033-2043.
    4. Kandulu, John, 2011. "Assessing the potential for beneficial diversification in rain-fed agricultural enterprises," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100568, Australian Agricultural and Resource Economics Society.
    5. repec:nap:nijbmr:2017:p:10-30 is not listed on IDEAS
    6. Bina Agarwal, 2016. "Twelfth Plan Working Group on Disadvantaged Farmers, Including Women," Working Papers id:8474, eSocialSciences.
    7. Selvaraj, K.N., 2. "Risk Management Strategies for Drought-Prone Rice Cultivation: A Case Study of Tamil Nadu, India," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 6(2).
    8. repec:sag:seajad:v:6:y:2009:i:2:p:95-124 is not listed on IDEAS

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