文章基本信息

标题：Weather Derivatives as Risk Management Tool in Ecuador: A Case Study of Rice Production
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作者：Vedenov, Dmitry V. ; Sanchez, Leonardo
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2011
卷号：SUPPL
出版社：Food Distribution Research Society
摘要：This paper analyzes efficiency of weather derivatives as insurance instruments for rice in Ecuador. Weather derivatives were constructed for each county/season combination. Complicated weather models were estimated for the index, and a copula approach was used to get the probability distributions. We find Risk-reducing efficiency varies across county and season.
关键词：agricultural risk management;index insurance;weather derivatives;copula approach;rice production