Weather Derivatives for Specific Event Risks in Agriculture

By Calum Turvey. 2001

339 citations recorded by the source corpus.

Subfields: Demography, Economics and Econometrics, Soil Science

View Paper: https://www.semanticscholar.org/paper/860c516897943bc46ec1b91a3ca49c0cbcc0b8d8

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Demography

1. D. Vedenov
2. V. Filonov
3. Christopher B. Barrett
4. Andrew G. Mude
5. Philip Garcia
6. J. Woodard
7. Michael R. Carter
8. Nathaniel D. Jensen

In Economics and Econometrics

1. Christopher B. Barrett
2. Michael R. Carter
3. J. Skees
4. Andrew G. Mude
5. B. Barnett
6. Nathaniel D. Jensen
7. James Hansen
8. V. Filonov

In Soil Science

1. Christopher B. Barrett
2. Nathaniel D. Jensen
3. Michael R. Carter
4. Andrew G. Mude
5. J. Skees
6. B. Barnett
7. James Hansen
8. Daniel Osgood

Citations in the corpus

• Poverty Traps and Climate Risk: Limitations and Opportunities of Index-Based Risk Financing (2007, background): “Various studies have empirically examined the effectiveness of IBRTPs in the presence of basis risk (Black, Barnett, and Hu 1999; Vedenov and Barnett 2004; Barnett et al. 2005; Deng, Barnett, and Vedenov 2007; Turvey 2001; Martin, Barnett and Coble 2001; Deng et al. 2007; Wang et al. 1998).”
• Index Insurance Quality and Basis Risk: Evidence from Northern Kenya (2016, background): “…(or weather derivatives) for crops in developed economies (e.g., Miranda 1991; Williams et al. 1993; Smith, Chouinard, and Baquet 1994; Mahul 1999; Turvey 2001; Nathaniel Jensen is a postdoctoral associate at the Charles H. Dyson School of Applied Economics and Management at Cornell University.”
• Basis Risk and Weather Hedging Effectiveness (2008, background): “TURVEY (2005) argues that the market price of risk should be zero when spatial aggregation provides an opportunity to develop a risk-free portfolio in a CAPM framework.”
• Poverty Traps and Index Based Risk Transfer Products (2008, neutral): “IBRTPs with indices based on cumulative rainfall, cumulative temperature, area livestock mortality, and satellite imagery have also been proposed for agricultural producers (Deng, Barnett, Vedenov, & West, 2007; Mahul, 2001; Martin, Barnett, & Coble, 2001; Miranda & Vedenov, 2001; Skees & EnkhAmgala”
• Applications of Copulas to Analysis of Efficiency of Weather Derivatives as Primary Crop Insurance Instruments (2004, methodology): “flexibility to choose and combine weather stations (Turvey, 2001); another approach is to perform spatial analysis techniques on weather data to provide a historical time series”