This article analyzed the impact of risk perception, risk attitude, and other farmer personal and farm characteristics on the actual purchase of catastrophe insurance by Dutch dairy and arable farmers. The specific catastrophe insurance types considered were hail-fire-storm insurance for...

Empirical tests are provided to determine the optimal leverage adjustment in transitional economy. Econometric model of agricultural firm capital structure is specified and estimated in order to analyze, how different factors affect agricultural firm's capital structure. Issues in financial...

Coping with Crisis Risk in European Agriculture Copyright The Agricultural Ecomomics Society and the European Association of Agricultural Economists 2006.

This paper studies farm business interruption insurance for Classical Swine Fever epidemics. Insight into the size of risk is obtained by a very detailed Monte-Carlo simulation model that includes both epidemiological and economic factors. The paper also considers issues such as farmers' and...

The main objective was to assess the risk of farmers in the European Union and to analyze the impact of agricultural policy changes on the main components of income namely price and production risks. In order to achieve this, qualitative considerations and quantitative analyses covering the...

Recent animal feed crises caused substantial damage throughout food supply chains and, consequently, initiated debates on the liability insurance cover of animal feed companies. In this framework, a quantitative risk analysis for wet feed producers in the Netherlands is presented. The simulation...

This article studies supply chain consequences from applying the new-more socially acceptable -strategy of emergency vaccination instead of the large-scale killing of healthy animals for controlling livestock epidemics. We consider an outbreak of foot and mouth disease in a densely populated...

This article presents an integrated consumer acceptance and supply chain risk analysis of genetic modification in livestock production chains. In general, results provide insight into feasibility of certain GM applications to be incorporated into pork chain. Overall, livestock producers can...

Liberalization of agricultural markets leads to new risks for European farmers. This paper studies the feasibility of income insurance schemes for European crop and livestock farmers. Different insurance topics, such as governmental reinsurance and the use of mutual insurance funds, are...

Since the enactment of the Economic Growth and Tax Relief Reconciliation Act of 2001, owners and operators of farms and ranches have opportunities to evaluate new estate planning strategies for the transfer of farm businesses to subsequent generations. However, with provisions of the Act to be...