In this paper a (micro)econometric approach is developed by considering the farmer likelihood to participate in different policy programs as linked to the objective of farmer to maximize their welfare. In this way we model farmers participation in policy support scheme by using a new...

During the three-year period of our investigation, we found that the weight of family run farms declined and there was an increase in the role of farms integrated in the market and in integrated low-impact farm. This is a partial change which may be an indicator of a greater capacity of the...

The paper explores the feasibility of the use of weather index based derivatives for farms' risk management in an Italian province. Based on a combination of detailed local weather data and of data on farms' yields, various possible weather indexes are found that are highly correlated with...

Volatility of farm income represents a major challenge for farm management and the design of public policies. This paper measures the extent to which risk management tools, especially direct payments and crop insurance, can significantly reduce crop income volatility in France and in Italy. We...

limate variability and extremes, socio-economic conditions, crisis and market shocks are among the main factors determining risk in the agricultural sector. Drought, heat stress, flood, market volatility among the others, have caused heavy losses in the recent past and both the occurrence and...

A decade of major political, institutional, economic and societal changes is challenging the Mediterranean Area: in a more and more globalized Europe the primary sectors of Mediterranean Partner Countries (MPCs) are largely influenced by recent trends. The resulting exposure of Mediterranean...