Price volatility and risk management: The case of rice in the EU
Journal title ECONOMIA AGRO-ALIMENTARE
Author/s Alessandro Banterle, Daniela Vandone
Publishing Year 2019 Issue 2019/2
Language English Pages 20 P. 255-274 File size 163 KB
DOI 10.3280/ECAG2019-002005
DOI is like a bar code for intellectual property: to have more infomation
click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
The paper aims at analysing rice-price volatility over the last ten years, and at identifying strengths and weaknesses of financial-risk management tools other than derivatives. In particular, it focuses on innovative insurance products, like revenue insurance products, and on their potential use in agriculture. Focus will be on EU Mediterranean countries, specifically on Italy, that is the main rice producer in this area. In Europe, the Common Agricultural Policy (cap) provides risk management tools. For example, the income stabilization tool is a measure to manage income risks. Despite this, it is still not adopted. Our analysis is a first endeavour to emphasize the most relevant issues in creating revenue insurance products for rice farmers in the EU, with focus on the Italian market.
Keywords: Agricultural commodity price volatility, rice price volatility, risk management, revenue insurance.
Jel codes: Q02, Q13, Q14
Alessandro Banterle, Daniela Vandone, Price volatility and risk management: The case of rice in the EU in "ECONOMIA AGRO-ALIMENTARE" 2/2019, pp 255-274, DOI: 10.3280/ECAG2019-002005