AGROCAMPUS OUEST (Institut Supérieur des Sciences Agronomiques, Agroalimentaires, Horticoles et du Paysage - 65, rue de St Brieuc - CS 84215 - 35042 Rennes cedex - France)
Abstract : Farm risk management for income stabilization is on-going issue. An applied work has been performed to measure farm risk using a stochastic model. Risk management tools, with symmetric as well as asymmetric impacts, are then tested and compared through ad hoc statistics. Normal farm business risk can be efficiently managed using a precautionary saving provision. Farm revenue insurance is found as the most efficient asymmetric tool for dealing with climatic and market shocks. The linkage between these complementary tools can be adjusted upon market environment.
https://hal-agrocampus-ouest.archives-ouvertes.fr/hal-00729137
Contributor : Céline Martel
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Submitted on : Wednesday, January 9, 2013 - 5:41:16 PM
Last modification on : Monday, April 29, 2019 - 5:07:01 PM
Long-term archiving on : Wednesday, April 10, 2013 - 3:48:52 AM
Jean Cordier. Farm risk management between normal business risk and climatic/market shocks. 108. EAAE Seminar: Income stabilization in a changing agricultural world: policy and tools, Feb 2008, Varsovie (PL), Poland. pp.127-139. ⟨hal-00729137⟩
