Persistent Link:
http://hdl.handle.net/10150/613516
Title:
Weather Derivatives as Crop Insurance in Iowa
Author:
Avery, Christopher S.
Issue Date:
2016
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
Crop insurance has been used by farmers to reduce yield loss risk. In this thesis we explore the plausibility of using weather derivative products to hedge against temperature induced corn yield losses. The ultimate goal is to explore relationships between weather and yield in order to hedge yield risk with exchange traded weather derivatives. This paper sets up the groundwork for these strategies by determining the weather relationships to annual yield and variability of yields using log-linear models. We find significant links among corn, soybeans, and hay yields in Iowa and weather variables such that using temperature based weather derivatives to hedge against yield loss is economically viable.
Type:
text; Electronic Thesis
Keywords:
Agricultural & Resource Economics
Degree Name:
M.S.
Degree Level:
masters
Degree Program:
Graduate College; Agricultural & Resource Economics
Degree Grantor:
University of Arizona
Advisor:
Aradhyula, Satheesh

Full metadata record

DC FieldValue Language
dc.language.isoen_USen
dc.titleWeather Derivatives as Crop Insurance in Iowaen_US
dc.creatorAvery, Christopher S.en
dc.contributor.authorAvery, Christopher S.en
dc.date.issued2016-
dc.publisherThe University of Arizona.en
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en
dc.description.abstractCrop insurance has been used by farmers to reduce yield loss risk. In this thesis we explore the plausibility of using weather derivative products to hedge against temperature induced corn yield losses. The ultimate goal is to explore relationships between weather and yield in order to hedge yield risk with exchange traded weather derivatives. This paper sets up the groundwork for these strategies by determining the weather relationships to annual yield and variability of yields using log-linear models. We find significant links among corn, soybeans, and hay yields in Iowa and weather variables such that using temperature based weather derivatives to hedge against yield loss is economically viable.en
dc.typetexten
dc.typeElectronic Thesisen
dc.subjectAgricultural & Resource Economicsen
thesis.degree.nameM.S.en
thesis.degree.levelmastersen
thesis.degree.disciplineGraduate Collegeen
thesis.degree.disciplineAgricultural & Resource Economicsen
thesis.degree.grantorUniversity of Arizonaen
dc.contributor.advisorAradhyula, Satheeshen
dc.contributor.committeememberDahlgran, Roger A.en
dc.contributor.committeememberTronstad, Russell E.en
All Items in UA Campus Repository are protected by copyright, with all rights reserved, unless otherwise indicated.