An econometric approach to factors affecting crop insurance in Romania

Dragoş, Simona Laura; Mare, Codruța

doi:10.15240/tul/001/2014-1-008

Cited by 8 publications

(6 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…However, LIESIVAARA and MYYRÄ [2014] concluded that the demand for crop insurance products in Finland was higher among younger farmers. Similar results were also obtained by DRAGOS and MARE [2014], who observed a negative relationship between farmer's age and adoption of crop insurance in Romania. An assessment of the reasons for these mixed results could be the subject of future research.…”

Section: Resultssupporting

confidence: 87%

See 1 more Smart Citation

Journal of Water and Land Development

Namiotko,

Galnaitytė,

Kriščiukaitienė

et al. 2022

View full text Add to dashboard Cite

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.

show abstract

Section: Resultssupporting

confidence: 87%

“…Also, SANTERAMO [2018] showed that successful experience in crop insurance was a catalyst for insurance participation. In addition to these reasons, DRAGOS and MARE [2014] also demonstrated that Romanian farmers did not participate in crop insurance due to lack of information from insurance companies.…”

Section: Introductionmentioning

confidence: 99%

Journal of Water and Land Development

Namiotko,

Galnaitytė,

Kriščiukaitienė

et al. 2022

View full text Add to dashboard Cite

show abstract

“…(Rola, et al 2013). They have advocated the best way to overcome all the threats to agricultural sector and to improve rural welfare through agricultural or crop insurance (Dragos and Mare 2014). …”

Section: Introductionmentioning

confidence: 99%

Role of Socio-economic Variables in Adoption of Crop Insurance: A Discriminant Function Approach

Kumari¹,

Singh²,

Sinha³

et al. 2017

Econ. Affa.

View full text Add to dashboard Cite

This study examined the influence of the respondents' socio-economic characteristics on their adoption of crop insurance schemes. Discriminant analysis based on the criteria values of standardized canonical coefficient and correlation matrix identified that educational level, farm size, satisfaction level, awareness and access to source of credit were positive discriminators while negative coefficients were obtained for age, income level and number of earning members. Awareness about crop insurance scheme, satisfaction level of farmer respondent with respect to the insurance scheme and access to source of credit were the highest discriminant variables. The study made it amply clear that socio-economic characteristics of farmers exert a significant influence on their adoption of crop insurance schemes. Taking into cognizance the findings of the discriminant analysis it can be inferred that awareness about the schemes and their benefits have to be created among the farmers in order to motivate them to go for insurance of their crops.

show abstract

“…Previous studies on agricultural insurance were mostly focused on the identification of the factors affecting agricultural insurance purchase decisions by farmers. The findings of these research generally revealed the effects of farmer characteristics such as educational background, age, level of income, size of enterprise, land use pattern and the effects of enterprise characteristics on agricultural insurance purchase decisions by farmers (Gül Yavuz, 2011;Kumar et al, 2011;Tümer, 2011;Dragos & Codruta, 2014). These findings constitute valuable inputs for determination of strategies to proliferate agricultural insurance programs.…”

Section: Resultsmentioning

confidence: 95%

Satisfaction Levels of Insured Apricot Producers towards Agricultural Insurance Services

Hasdemir¹,

Özüdoğru²

2018

JAS

View full text Add to dashboard Cite

The objective of this research was to assess satisfaction levels of the insured farmers towards TARSİM agricultural insurance services. The study was conducted on the farmers engaged in apricot production in Malatya province of Turkey, the world's largest provider of apricots. About 69.88% of Turkey's dried apricot production and about 73.44% of the world dried apricot production are based in Malatya. Face-to-face interviews were conducted with a random sample of 187 farmers. Likert scale questionnaires were used to collect opinion data of farmers on five dimensions, namely sales and marketing, damage compensation, pricing and payment policy, customer notification and customer representation. Structural equation modeling was used to explore the association between the measured variables and overall satisfaction levels. The results of structural equation modeling indicated that all dimensions had statistically significant effects on farmer satisfaction. Additionally, according to the standard estimations, satisfaction from sales and marketing, satisfaction from customer notification and satisfaction from damage compensation were the most significant determinants of customer satisfaction. Pricing and payment policy had the lowest influence on farmer satisfaction. The study results showed that efficient and rapid resolution of farmer problems and grant of ease for premium payments were the most influential factors affecting farmer satisfaction.

show abstract

An econometric approach to factors affecting crop insurance in Romania

Abstract: AN ECONOMETRIC APPROACH TO FACTORS AFFECTING CROP INSURANCE IN ROMANIA

Cited by 8 publications

References 23 publications

Journal of Water and Land Development

Journal of Water and Land Development

Role of Socio-economic Variables in Adoption of Crop Insurance: A Discriminant Function Approach

Satisfaction Levels of Insured Apricot Producers towards Agricultural Insurance Services

Contact Info

Product

Resources

About