The weather index-based insurances may help farmers to cope with climate risks overcoming the most common issues of traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss may occur although the weather index does not...

The relevance and the impact of experience in insurance markets are underinvestigated. From Italian farm-level data we estimate a dynamic discrete choice model of participation to investigate the role of experience. The methodology, coupled with exploratory analysis, allows one to compare how...

Risk management in agriculture is crucial and policymakers are implementing policy reforms to foster farmers’ adoption of ex-ante risk management tools such as crop insurance: their effectiveness is the core of policy evaluations exercises. The Italian subsidised crop insurance market has been...

The impacts of extreme weather events on crop production are largely heterogeneous along the timing dimension of the shocks, and the varieties being affected. We investigate the yield-temperature relationships for three categories of earliness of durum wheat: early-maturing, middle-maturing, and...

The factors affecting the demand for agricultural insurance in the USA have been extensively studied over the last two decades. However, the determinants of a farm's entry and exit decisions in the insurance market have received relatively little attention. Turnover in the insurance book of...

Risk management in agriculture is crucial and policymakers are implementing policy reforms to foster farmers' adoption of ex-ante risk management tools such as crop insurance: Their effectiveness is the core of policy evaluation exercises. The Italian subsidised crop insurance market has been...