Risk management in agriculture under climate changes

Agricultural production is exposed to the effects of various risks, of which the production risks represent its specificity, given that they stem from the fact that the production is done outdoor and that it encompass management of living beings. Climate changes directly affect the production risks...

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Main Authors: Njegomir Vladimir, Tepavac Rajko, Bikicki Tamara
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2016-01-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604403N.pdf
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author Njegomir Vladimir
Tepavac Rajko
Bikicki Tamara
author_facet Njegomir Vladimir
Tepavac Rajko
Bikicki Tamara
author_sort Njegomir Vladimir
collection DOAJ
description Agricultural production is exposed to the effects of various risks, of which the production risks represent its specificity, given that they stem from the fact that the production is done outdoor and that it encompass management of living beings. Climate changes directly affect the production risks of agricultural production. In the literature, climate change are relatively sufficient researched but there are scarce studies that deal with the theme of risk management in agricultural production and in particular the management of risks under climate changes. With this in mind as the goal of the paper we have determined the need to point out on the importance and forms of agricultural risk management under climate changes. In an effort to achieve the goal, in the paper we first point out to the basic characteristics of agricultural production risk management and then we point to the application of preventive measures, the role of the state as well as the comparative role of insurance. As the impact of climate changes have strongly negative impact on insurance companies that provide insurance for agricultural risks, we consider the issue of whether the conclusion of agricultural insurance contracts should be mandatory or voluntary.
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spelling doaj.art-a6cebdb3ac264a09a5f9ae661f07fc802022-12-22T01:35:06ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532016-01-016341403141610.5937/ekoPolj1604403N0352-34621604403NRisk management in agriculture under climate changesNjegomir Vladimir0Tepavac Rajko1Bikicki Tamara2Faculty of Law and Business Studies Dr Lazar Vrkatić, Novi SadInstitute for Economics and Finance, Belgrade, Belgrade, SerbiaTriglav osiguranje, BelgradeAgricultural production is exposed to the effects of various risks, of which the production risks represent its specificity, given that they stem from the fact that the production is done outdoor and that it encompass management of living beings. Climate changes directly affect the production risks of agricultural production. In the literature, climate change are relatively sufficient researched but there are scarce studies that deal with the theme of risk management in agricultural production and in particular the management of risks under climate changes. With this in mind as the goal of the paper we have determined the need to point out on the importance and forms of agricultural risk management under climate changes. In an effort to achieve the goal, in the paper we first point out to the basic characteristics of agricultural production risk management and then we point to the application of preventive measures, the role of the state as well as the comparative role of insurance. As the impact of climate changes have strongly negative impact on insurance companies that provide insurance for agricultural risks, we consider the issue of whether the conclusion of agricultural insurance contracts should be mandatory or voluntary.http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604403N.pdfagriculturerisksmanagementpreventionstateinsurance
spellingShingle Njegomir Vladimir
Tepavac Rajko
Bikicki Tamara
Risk management in agriculture under climate changes
Ekonomika Poljoprivrede (1979)
agriculture
risks
management
prevention
state
insurance
title Risk management in agriculture under climate changes
title_full Risk management in agriculture under climate changes
title_fullStr Risk management in agriculture under climate changes
title_full_unstemmed Risk management in agriculture under climate changes
title_short Risk management in agriculture under climate changes
title_sort risk management in agriculture under climate changes
topic agriculture
risks
management
prevention
state
insurance
url http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2016/0352-34621604403N.pdf
work_keys_str_mv AT njegomirvladimir riskmanagementinagricultureunderclimatechanges
AT tepavacrajko riskmanagementinagricultureunderclimatechanges
AT bikickitamara riskmanagementinagricultureunderclimatechanges