[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/dah/aeqaeq/v61_y2015_i1_q1_p65-92.html
   My bibliography  Save this article

Should Governments Subsidize Agricultural Insurances?

Author

Listed:
  • Gábor Regős
Abstract
The aim of this study is to investigate the macroeconomic effects of state subsidies for agricultural insurance. From the policy’s point of view, the issue is important as this subsidy is a common and widely applied practice in many countries, though it does not exist in others; so the welfare effects of the subsidy need to be investigated—which investigation is the main contribution of the paper. A possible reason for this subsidy’s existence might be that agricultural insurances by themselves attain only a low penetration rate due to several factors, for example low-risk sensitivity, high premiums, and governments’ ad hoc subsidy policies. Thus, an enabling of risk management is an advantage of the subsidy. According to our results, agricultural insurance subsidizing does not have any significant welfare effect for the user and does not influence the economy’s output significantly; however, it is beneficial for agricultural producers, so one might wish to recommend such a policy if seeking to promote agriculture.

Suggested Citation

  • Gábor Regős, 2015. "Should Governments Subsidize Agricultural Insurances?," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 61(1), pages 65-92.
    • Handle: RePEc:dah:aeqaeq:v61_y2015_i1_q1_p65-92
    DOI: 10.3790/aeq.61.1.65
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.3790/aeq.61.1.65
    Download Restriction: Access to full text is restricted to subscribers (2008 onwards); Pay-per-view access from https://elibrary.duncker-humblot.com/journals/aeq (2008 onwards) and http://www.genios.de (2008 onwards)
    File URL: https://libkey.io/10.3790/aeq.61.1.65?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Agricultural Insurance; State Subsidies;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dah:aeqaeq:v61_y2015_i1_q1_p65-92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: E-Publishing-Team (email available below). General contact details of provider: https://www.duncker-humblot.de .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.