![Thumbnail](/bitstream/handle/20.500.11850/440847/FinalVersionERAEBuchelietal.pdf.jpg?sequence=5&isAllowed=y)
Open access
Datum
2020Typ
- Journal Article
Abstract
Climate change increases the need for better insurance solutions that enable farmers to cope with drought risks. We design weather index insurance using drought indices based on precipitation, soil moisture and evapotranspiration as underlying drought index and compare their risk-reducing potential for winter wheat producers in Eastern Germany. In general, we find that all drought indices can reduce financial risk exposure. However, the largest risk reduction can be achieved if the underlying drought index is tailored individually for each farm. This implies that insurers should offer insurance with farm-specific underlying drought index. Mehr anzeigen
Persistenter Link
https://doi.org/10.3929/ethz-b-000440847Publikationsstatus
publishedExterne Links
Zeitschrift / Serie
European Review of Agricultural EconomicsSeiten / Artikelnummer
Verlag
Oxford University PressOrganisationseinheit
09564 - Finger, Robert / Finger, Robert
Förderung
727520-2 - Towards SUstainable and REsilient EU FARMing systems (EC)