- ISSN :
- 1815-6797 (online)
- DOI :
Show Abstract /
Selected studies on various food, agriculture and fisheries issues from the OECD Trade and Agriculture Directorate.
NB. No. 1 to No. 58 were released under the previous series title OECD Food, Agriculture and Fisheries Working Papers.
Risk Management in Agriculture in Spain
- Publication Date
- 10 Feb 2011
- Bibliographic information
Show Abstract /
This report analyses the agricultural risk management system in Spain, applying a holistic approach that considers the interactions between all sources of risk, farmers. strategies and policies. The policy analysis is structured around three layers of risk that require a differentiated policy response: normal (frequent) risks that should be retained by the farmer, marketable intermediate risks that can be transferred through market tools, and catastrophic risk that requires government assistance. The Spanish risk management system is dominated by public insurance. Two main policy issues are discussed in this paper. First, the contribution of the insurance system to market efficiency; this comes from the information sharing arrangement in the public private partnership, rather than from the premium subsidies. Second, the insurance system as a device for catastrophic assistance.
Also available in: French
- risk-management, information sharing, public-private partnerships, agricultural policy, catastrophic risk insurance
- JEL Classification:
- Q18: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Agriculture / Agricultural Policy; Food Policy