On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy

The weather index-based insurances may help farmers to cope with climate risks overcoming the most common issues of traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss may occur although the weather index does not trigger...

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Main Authors: Marco Tappi, Gianluca Nardone, Fabio Gaetano Santeramo
Format: Article
Language:English
Published: Firenze University Press 2022-08-01
Series:Bio-based and Applied Economics
Subjects:
Online Access:https://oaj.fupress.net/index.php/bae/article/view/12160
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author Marco Tappi
Gianluca Nardone
Fabio Gaetano Santeramo
author_facet Marco Tappi
Gianluca Nardone
Fabio Gaetano Santeramo
author_sort Marco Tappi
collection DOAJ
description The weather index-based insurances may help farmers to cope with climate risks overcoming the most common issues of traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss may occur although the weather index does not trigger the indemnification, or a compensation may be granted even if there has not been a yield loss. Our investigation, conducted on Apulia region (Southern Italy), aimed at deepening the knowledge on the linkages between durum wheat yields and weather events, i.e., the working principles of weather index-based insurances, occurring in susceptible phenological phases. We found several connections among weather and yields and highlight the need to collect more refined data to catch further relationships. We conclude opening a reflection on how the stakeholders may make use of publicly available data to design effective weather crop insurances.
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spelling doaj.art-95842a8a2b6a4adabbb25c94ad0ad2692022-12-22T03:08:21ZengFirenze University PressBio-based and Applied Economics2280-61802280-61722022-08-0111210.36253/bae-12160On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern ItalyMarco Tappi0Gianluca Nardone1Fabio Gaetano Santeramo2University of FoggiaUniversity of FoggiaUniversity of FoggiaThe weather index-based insurances may help farmers to cope with climate risks overcoming the most common issues of traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss may occur although the weather index does not trigger the indemnification, or a compensation may be granted even if there has not been a yield loss. Our investigation, conducted on Apulia region (Southern Italy), aimed at deepening the knowledge on the linkages between durum wheat yields and weather events, i.e., the working principles of weather index-based insurances, occurring in susceptible phenological phases. We found several connections among weather and yields and highlight the need to collect more refined data to catch further relationships. We conclude opening a reflection on how the stakeholders may make use of publicly available data to design effective weather crop insurances. https://oaj.fupress.net/index.php/bae/article/view/12160climate changefarming systemphenological phaseriskweather insurance
spellingShingle Marco Tappi
Gianluca Nardone
Fabio Gaetano Santeramo
On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
Bio-based and Applied Economics
climate change
farming system
phenological phase
risk
weather insurance
title On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
title_full On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
title_fullStr On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
title_full_unstemmed On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
title_short On the relationships among durum wheat yields and weather conditions: evidence from Apulia region, Southern Italy
title_sort on the relationships among durum wheat yields and weather conditions evidence from apulia region southern italy
topic climate change
farming system
phenological phase
risk
weather insurance
url https://oaj.fupress.net/index.php/bae/article/view/12160
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AT gianlucanardone ontherelationshipsamongdurumwheatyieldsandweatherconditionsevidencefromapuliaregionsouthernitaly
AT fabiogaetanosanteramo ontherelationshipsamongdurumwheatyieldsandweatherconditionsevidencefromapuliaregionsouthernitaly