The risk of drought in crop production insurance
The goal of this paper was to study the risk of drought as one of perils which can extremely harm the crop production, and also its coverage by insurance on the insurance market. In that purpose, first the forms of drought in agriculture and its effect on crops and yields were analysed. After that,...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2016-01-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604297Z.pdf |
| _version_ | 1811272086159622144 |
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| author | Žarković Nebojša Miloradić Jova Samardžić Slobodan |
| author_facet | Žarković Nebojša Miloradić Jova Samardžić Slobodan |
| author_sort | Žarković Nebojša |
| collection | DOAJ |
| description | The goal of this paper was to study the risk of drought as one of perils which can extremely harm the crop production, and also its coverage by insurance on the insurance market. In that purpose, first the forms of drought in agriculture and its effect on crops and yields were analysed. After that, this weather disaster was put in the spotlight from the insurance risk point of view. Special emphasis was placed on insurance against drought in our country. In implementing the process of risk management from drought, a common approach of insurance companies is that they simply do not offer this type of protection due to often huge potential damage. Such approach is common in insurance companies in high-developed west countries. It is obvious that there should involve government in the resolution of this issue, in order to protect food production as one of the basic preconditions for human survival. |
| first_indexed | 2024-04-12T22:32:57Z |
| format | Article |
| id | doaj.art-8105396747bd40b08362f196248eacd4 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-04-12T22:32:57Z |
| publishDate | 2016-01-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-8105396747bd40b08362f196248eacd42022-12-22T03:13:55ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532016-01-016341297130810.5937/ekoPolj1604297Z0352-34621604297ZThe risk of drought in crop production insuranceŽarković Nebojša0Miloradić Jova1Samardžić Slobodan2n/aUniversity EDUCONS, Faculty of Business Economy, Sremska Kamenica, Sremska Kamenica, Serbian/aThe goal of this paper was to study the risk of drought as one of perils which can extremely harm the crop production, and also its coverage by insurance on the insurance market. In that purpose, first the forms of drought in agriculture and its effect on crops and yields were analysed. After that, this weather disaster was put in the spotlight from the insurance risk point of view. Special emphasis was placed on insurance against drought in our country. In implementing the process of risk management from drought, a common approach of insurance companies is that they simply do not offer this type of protection due to often huge potential damage. Such approach is common in insurance companies in high-developed west countries. It is obvious that there should involve government in the resolution of this issue, in order to protect food production as one of the basic preconditions for human survival.http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604297Z.pdfinsurancethe risk of droughtinsurance of crop productiondroughtcrop production |
| spellingShingle | Žarković Nebojša Miloradić Jova Samardžić Slobodan The risk of drought in crop production insurance Ekonomika Poljoprivrede (1979) insurance the risk of drought insurance of crop production drought crop production |
| title | The risk of drought in crop production insurance |
| title_full | The risk of drought in crop production insurance |
| title_fullStr | The risk of drought in crop production insurance |
| title_full_unstemmed | The risk of drought in crop production insurance |
| title_short | The risk of drought in crop production insurance |
| title_sort | risk of drought in crop production insurance |
| topic | insurance the risk of drought insurance of crop production drought crop production |
| url | http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604297Z.pdf |
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