Enhanced agriculture insurance with climate forecast

HIGHLIGHTS

  • who: Lanlan Li and collaborators from the Accounting Department of Business School, Hunan International Economics University, Changsha, China have published the research: Enhanced Agriculture Insurance with Climate Forecast, in the Journal: Sustainability 2022, 14, 10617. of /2022/
  • what: This paper presents a model to study how climate forecasts and the agricultural production function affect the effectiveness of government policies (disaster bailouts and agricultural income tax) and agricultural insurance (both compulsory and voluntary).
  • how: This paper discusses two criteria for bailouts.
  • future: Future studies should calibrate production functions and loss models to . . .

     

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