조수입보험 및 수확량보험 가입자 후생변화효과 비교

• 영문명: Comparing Producer Welfare Effects of Revenue Insurance and Yield Insurance
• 발행기관: 한국농업경제학회
• 저자명: 김석현(Kim, Suhk-Hyun) 김민현(Kim, Min-Hyeon) 조규대(Cho, Gue-Dae)
• 간행물 정보: 『농업경제연구』60권 1호, 1~18쪽, 전체 18쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2019.03.30

영문 초록

The purpose of this study is to investigate the welfare changes of farm producers insured in either yield or revenue insurance. Monte-Carlo simulations are used to determine the changes of certainty equivalent of each insurance contract. The results indicate that, if the coefficient of variation(c.v.) of prices is higher than that of yields, revenue insurance generates greater welfare than yield insurance. The higher the c.v. of prices is, the greater the welfare increase of revenue insurance is. Even in case the c.v. of yields is higher than that of prices, revenue insurance generates greater welfare if the correlation between yields and prices is weak. In case the c.v. of yields is much higher than the c.v. of prices and the correlation between yields and prices is very strong, yield insurance generates greater welfare than revenue insurance. It appears that current revenue insurance programs for four crops(soybean, garlic, onion, grape) successfully achieve the policy goal of increasing producer welfare.

목차

Ⅰ. 서론

Ⅱ. 조수입보험과 수확량보험의 후생증대효과 비교

Ⅲ. 데이터 생성(Data Generation)

Ⅳ. 분석결과

Ⅴ. 요약 및 결론

키워드

Revenue Insurance Yield Insurance, Monte-Carlo Simulation Producer Welfare Expected Utility Certainty Equivalent Coefficient of Variation(c.v.)