Agricultural risk management

ABSTRACT Crop insurance program becomes an important farm financial support for farm operators in Korea. Understanding behavior changes of farms in response to the participation in crop insurance program is critical to identify the ability of the policy to meet its goals. This study examines the...
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ABSTRACT Agricultural production towards an oriented market is generally exposed to a variety of risks that may lead to income fluctuations. Correct identification of the risk variety will be a very important base for making good management decisions to minimize their negative effects. Results...
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ABSTRACT In Thailand, African Swine Fever (ASF) outbreak resulted in a 43.35% reduction in swine raisers, especially the very small farm sizes in January 2022. Pig and pork prices rose sharply within a month and the price of meat substitutes rose in the same direction leading to a lack of meat...
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ABSTRACT Due to the worldwide spread of the COVID-19 virus, the Malaysian government has taken concrete steps in containing and reducing the risks of spreading the virus by initiating the Movement Control Order (MCO) measures. Since then this nationwide action has observed encouraging results in...
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ABSTRACT Smuggling is the illegal movement of goods across an international border in violation to custom laws and regulations. This activity exists in countries all over the world and incurs multiple ill effects to the country’s economy. Some of the economic impacts of smuggling include...
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