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The study aims at evaluating crop insurance effects on the farms’ production and investment indicators in Lithuania. The Common Agricultural Policy after 2020 considers measures helping farmers to adapt to climate change. For this reason, it is essential to evaluate existing risk management measures in order to propose appropriate schemes for the next programming period. In order to evaluate crop insurance effects on the farms’ production and investment indicators farm-level, data from Farm Accountancy Data Network dataset and propensity score matching approach was used. Study period was 2008-2017. The study revealed that participation in crop insurance schemes was influenced by the factors such as age of the farmer, wealth, specialization, and location of the farm. The study also demonstrated that crop insurance did not show statistically significant effects on the selected farms’ indicators. The main reason was support from the national and EU funds.
Słowa kluczowe
Wydawca
Czasopismo
Rocznik
Tom
Strony
41--46
Opis fizyczny
Bibliogr. 31 poz., rys., tab., wykr.
Twórcy
autor
- Institute of Economics and Rural Development of the Lithuanian Centre for Social Sciences A. Vivulskio Str. 4A-13, LT-03220 Vilnius, Lithuania
autor
- Institute of Economics and Rural Development of the Lithuanian Centre for Social Sciences A. Vivulskio Str. 4A-13, LT-03220 Vilnius, Lithuania
autor
- Institute of Economics and Rural Development of the Lithuanian Centre for Social Sciences A. Vivulskio Str. 4A-13, LT-03220 Vilnius, Lithuania
autor
- Akdeniz University, Faculty of Economics and Administrative Sciences, Department of Economics, Antalya, Turkey
Bibliografia
- AUBERT M., ENJOLRAS G. 2018. Does crop insurance lead to better environmental practices? Evidence from French farms [online]. [Access 06.08.2021]. Available at: https://ageconsearch.umn.edu/record/277242/
- BURNS C.B., PRAGER D.L. 2018. Does crop insurance influence commercial crop farm decisions to expand? An analysis using panel data from the census of agriculture. Journal of Agricultural and Resource Economics. Vol. 43(1) p. 61–77. DOI 10.22004/ag.econ.267610.
- CAI J. 2016. The impact of insurance provision on household production and financial decisions. American Economic Journal: Economic Policy. Vol. 8(2) p. 44–88. DOI 10.1257/pol.20130371.
- CHANG H.H., MISHRA A.K. 2012. Chemical usage in production agriculture: Do crop insurance and off-farm work play a part?. Journal of Environmental Management. Vol. 105 p. 76–82. DOI 10.1016/j.jenvman.2012.03.038.
- DI FALCO S., ADINOLFI F., BOZZOLA M., CAPITANIO F. 2014. Crop insurance as a strategy for adapting to climate change. Journal of Agricultural Economics. Vol. 65(2) p. 485–504. DOI 10.1111/1477-9552.12053.
- DRAGOS S.L., MARE C. 2014. An econometric approach to factors affecting crop insurance in Romania. Economics and Management. Vol. 17(1) p. 93–104. DOI 10.15240/tul/001/2014-1-008.
- ENJOLRAS G., SENTIS P. 2011. Crop insurance policies and purchases in France. Agricultural Economics. Vol. 42(4) p. 475–486. DOI 10.1111/j.1574-0862.2011.00535.x.
- ENJOLRAS G., CAPITANIO F., ADINOLFI F. 2012. The demand for crop insurance: Combined approaches for France and Italy. Agricultural Economics Review. Vol. 13(1) p. 5–22. DOI 10.22004/ag.econ.253490.
- IFFT J.E., KUETHE T., MOREHART M. 2013. Farm Debt Use by Farms with Crop Insurance. Choices. Vol. 28(3) p. 1–5. DOI 10.22004/ag.econ.157777.
- IFFT J.E., KUETHE T., MOREHART M. 2015. Does federal crop insurance lead to higher farm debt use? Evidence from the Agricultural Resource Management Survey (ARMS). Agricultural Finance Review. Vol. 75(3) p. 349–367. DOI 10.1108/AFR-06-2014-0017.
- KEMÉNY G., VARGA T., FOGARASI J., TÓTH K. 2012. The development of Hungarian agricultural insurance system. Problems of World Agriculture / Problemy Rolnictwa Światowego. Vol. 12 p. 37–46. DOI 10.22004/ag.econ.195284.
- KIM Y., YU J., PENDELL D.L. 2020. Effects of crop insurance on farm disinvestment and exit decisions. European Review of Agricultural Economics. Vol. 47(1) p. 324–347. DOI 10.1093/erae/jbz035.
- KIRWAN B.E. 2014. The crowd-out effect of crop insurance on farm survival and profitability [online]. [Access 23.02.2021]. Available at: https://ageconsearch.umn.edu/record/170881/
- LE DEN X., PERSSON M., BENOIST A., HUDSON P.G.M.B., DE RUITER M.C., DE RUIG L.T., KUIK O.J. 2017. Insurance of weather and climaterelated disaster risk: Inventory and analysis of mechanisms to support damage prevention in the EU. Luxembourg. Publication Office of the European Union. DOI 10.2834/40222.
- LEFEBVRE M., NIKOLOV D., GOMEZ-y-PALOMA S., CHOPEVA M. 2014. Determinants of insurance adoption among Bulgarian farmers. Agricultural Finance Review. Vol. 74(3) p. 326–347. DOI 10.1108/AFR-05-2013-0022.
- LIESIVAARA P., MYYRÄ S. 2014. Willingness to pay for agricultural crop insurance in the northern EU. Agricultural Finance Review. Vol. 74(4) p. 539–554. DOI 10.1108/AFR-06-2014-0018.
- LAEI 2018. FADN survey results [online]. Lietuvos agrarinės ekonomikos institutas [Access 13.01.2021]. Available at: https://www.laei.lt/?mt=vt_UADT_tyrimas&straipsnis=482
- MEUWISSEN M.P., DE MEY Y., VAN ASSELDONK M. 2018. Prospects for agricultural insurance in Europe. Agricultural Finance Review. Vol. 78(2) p. 174–182. DOI 10.1108/AFR-04-2018-093.
- MÖHRING N., DALHAUS T., ENJOLRAS G., FINGER R. 2020. Crop insurance and pesticide use in European agriculture. Agricultural Systems. Vol. 184 102902. DOI 10.1016/j.agsy.2020.102902.
- NURMET M., LEMSALU K., PÕDER A. 2016. Agricultural insurance in Estonia – current situation and farmers’ willingness to use crop insurance. Science and Studies of Accounting and Finance: Problems and Perspectives. Vol. 10(1) p. 122–128. DOI 10.15544/ssaf.2016.12.
- OKOFFO E.D., DENKYIRAH E.K., ADU D.T., FOSU-MENSAH B.Y. 2016. A double-hurdle model estimation of cocoa farmers’ willingness to pay for crop insurance in Ghana. SpringerPlus. Vol. 5 873. DOI 10.1186/s40064-016-2561-2.
- REGMI M., BRIGGEMAN B., FEATHERSTONE A. 2019. Estimating Effects of Crop Insurance Enrollment on Farm Input Use [online]. [Access 13.01.2021]. Available at: https://ageconsearch.umn.edu/record/284310?ln=en
- SANTERAMO F.G. 2018. Imperfect information and participation in insurance markets: evidence from Italy. Agricultural Finance Review. Vol. 78(2) p. 183–194. DOI 10.1108/AFR-06-2017-0053.
- SANTERAMO F.G., GOODWIN B.K., ADINOLFI F., CAPITANIO F. 2016. Farmer participation, entry and exit decisions in the Italian crop insurance programme. Journal of Agricultural Economics. Vol. 67 (3) p. 639–657. DOI 10.1111/1477-9552.12155.
- SPÖRRI M., BARÁTH L., BOKUSHEVA R., FERTÖ I. 2012. The impact of crop insurance on the economic performance of Hungarian cropping farms [online]. [Access 25.01.2021]. Available at: https://agecon-search.umn.edu/record/122525/
- TRESTINI S., GIAMPIETRI E., SMIGLAK-KRAJEWSKA M. 2018. Farmer behaviour towards the agricultural risk management tools provided by the CAP: a comparison between Italy and Poland [online]. [Access 24.07.2021]. Available at: https://ageconsearch.umn.edu/record/271978/
- VELANDIA M., REJESUS R.M., KNIGHT T.O., SHERRICK B.J. 2009. Factors affecting farmers' utilization of agricultural risk management tools: the case of crop insurance, forward contracting, and spreading sales. Journal of Agricultural and Applied Economics. Vol. 41(1) p. 107–123. DOI 10.1017/S1074070800002583.
- Vereinigte Hagelversicherung VVaG branch “VH Lithuania” 2017. VH Lietuva pasėlių draudimas: 10 metų sėkmės istorija [VH Lithuania crop insurance: a 10-year success story]. Kaunas. Kopa pp. 100.
- WĄS A., KOBUS P. 2018. Factors differentiating the level of crop insurance at Polish farms. Agricultural Finance Review. Vol. 78 (2) p. 209–222. DOI 10.1108/AFR-06-2017-0054.
- ZHAO Y., CHAI Z., DELGADO M.S., PRECKEL P.V. 2016. An empirical analysis of the effect of crop insurance on farmers’ income: results from Inner Mongolia in China. China Agricultural Economic Review. Vol. 8(2) p. 299–313. DOI 10.1108/CAER-05-2014-0045.
- ZUBOR-NEMES A., FOGARASI J., MOLNÁR A., KEMÉNY G. 2018. Farmers’ responses to the changes in Hungarian agricultural insurance system. Agricultural Finance Review. Vol. 78(2) p. 275–288. DOI 10.1108/AFR-06-2017-0048.
Uwagi
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-14724f54-6e5a-4152-8e6a-ecb92bb6adb1