Definition of catastrophic event when developing crop insurances for Finnish markets
| dc.contributor.author | Väre, Minna | |
| dc.contributor.author | Liesivaara, Petri | |
| dc.contributor.author | Myyrä, Sami | |
| dc.contributor.department | Maa- ja elintarviketalouden tutkimuskeskus (MTT) / TAL Talous- ja yhteiskuntatieteellinen tutkimus (TAY/4110) | - |
| dc.date.accessioned | 2015-01-12T11:08:14Z | |
| dc.date.accessioned | 2025-05-28T23:48:15Z | |
| dc.date.available | 2015-01-12T11:08:14Z | |
| dc.date.event | 2014-08-26 | |
| dc.date.issued | 2014 | |
| dc.description.abstract | In Finland, there is need for new crop insurance system as the Crop Damage Compensa-tion scheme (CDC) is abolished in 2015. Therefore, the responsibility of farmers, insurance companies and government in case of crop damages and catastrophic events need to be de-fined. We compared CDC data to the total value of crop production in Finland. Probability of catastrophic losses was simulated by Monte Carlo method and compared to farmers’ stated beliefs on catastrophic events. Results suggest that there occurs no such catastrophic risk that crop insurance system would not be able to cover. Thus, disaster relief program by the gov-ernment is not needed in Finland. | - |
| dc.format | Verkkojulkaisu | - |
| dc.format.bitstream | false | |
| dc.format.pagerange | [4 p.] | - |
| dc.identifier.olddbid | 426869 | |
| dc.identifier.oldhandle | 10024/485379 | |
| dc.identifier.uri | https://jukuri.luke.fi/handle/11111/47440 | |
| dc.identifier.url | http://purl.umn.edu/182853 | - |
| dc.language.iso | eng | - |
| dc.okm.discipline | 415 Muut maataloustieteet | - |
| dc.okm.internationalcopublication | ei | - |
| dc.publisher | European Association of Agricultural Economists (EAAE) | - |
| dc.publisher.country | si | - |
| dc.publisher.place | Ljubljana | - |
| dc.relation.conference | EAAE International Congress; 14, Ljubljana, 2014 | - |
| dc.relation.ispartof | The 14th Congress of the European Association of Agricultural Economists (EAAE), August 26-29, 2014, Ljubljana, Slovenia | - |
| dc.source.identifier | https://jukuri.luke.fi/handle/10024/485379 | |
| dc.subject.agrifors | satovakuutus | - |
| dc.subject.finagri | Maatalous - yleistä, maatalousekonomia,maatalousneuvonta, maaseudun kehittäminen | - |
| dc.subject.keyword | catastrophe | - |
| dc.subject.keyword | crop | - |
| dc.subject.keyword | insurance | - |
| dc.subject.ysa | korvaukset | - |
| dc.subject.ysa | riskit | - |
| dc.teh | 41007-00014500 | - |
| dc.title | Definition of catastrophic event when developing crop insurances for Finnish markets | - |
| dc.type.oa | 1 Open access -julkaisu | - |
| dc.type.okm | fi=B3 Vertaisarvioimaton artikkeli konferenssijulkaisussa|sv=B3 Icke-referentgranskad artikel i konferenspublikation|en=B3 Non-refereed conference proceedings| | - |