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Indexed by:会议论文

Date of Publication:2010-01-01

Included Journals:CPCI-S、Scopus

Volume:1

Page Number:67-75

Key Words:Crop insurance; Survival analysis; Risk Management; Premium rate; Government supported crop insurance

Abstract:Survival Analysis method has been commonly used in biology, medical science, and human life insurance studies but it is rarely applied in agricultural insurance research. The main objective of this study is to explore the appropriateness of the Survival Analysis model for the crop insurance program design. Our analysis was mainly focused on the catastrophic risk premium rate estimates under the condition of 70% yield coverage for rice, corn and sorghum in Panjin of Liaoning province, China. The results indicate that the estimated premium rates for each crop are consistent with the currently prevailed crop insurance premium rate in Panjin. (C) 2010 Published by Elsevier B.V.