Author(s): Viktoriya Onegina
Title: Risk Management in Agriculture and Agrarian Policy
Source: International Scientific Days 2018 :: Towards Productive, Sustainable and Resilient Global Agriculture and Food Systems :: Proceedings
Publisher: Wolters Kluwer ČR, Prague
PY, pages: 2018, 171-182
Published on-line: 2018-11-09
Abstract: The experience of private-state-public risk management schemes in the part of farmers’ revenue and income assurance programs in countries the main world exporters of agricultural product has been overviewed. To evaluate economic background for crop revenue and income assurance programs in Ukraine the correlations between the production fluctuations (yield) and prices, revenues,
profit from grain crops were calculated. The meanings of coefficients of correlations testify chaotic fluctuations of price and production results, strong influence of the macroeconomic factors on the prices and financial results
of agricultural producers in the emergence economy. There was concluded, that under such conditions the revenue and income assurance programs better, than yield insurance programs, catch falls of natural, market and macroeconomic
environment to provide sustainability of agriculture.
Keywords: agrarian policy, agricultural enterprises, insurance, price, profit, revenue, risk management
JEL Classification: H5, M110, Q1, P32
Rights:Open Access :: Creative Commons BY-NC-SA 4.0 International Licence
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