The Development of Hungarian Agricultural Insurance System Kemény, Gábor; Fogarasi, József; Tóth, Kristóf ...
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego/Scientific Journal Warsaw University of Life Sciences-SGGW. Problems of World Agriculture,
09/2012, Letnik:
12, Številka:
3
Journal Article
Odprti dostop
Agricultural insurance is one of the financial tools that agricultural producers can potentially use to cope with increasing risks in their activity. Experiences accumulated on insurance markets ...demonstrate that the development of a proper agricultural insurance product can not be reached without a governmental intervention mainly due to the systemic risk and information asymmetries. The aim of this paper is to present the Hungarian agricultural insurance system and its possible development. Using the farm level economic and meteorological data we assess the costs of introducing drought and soil submersion insurance products and the possible insurance premiums for these agricultural products.
Agricultural insurance is one of the financial tools that agricultural producers can potentially use to cope with increasing risks in their activity. Experiences accumulated on insurance markets ...demonstrate that the development of a proper agricultural insurance product can not be reached without a governmental intervention mainly due to the systemic risk and information asymmetries. The aim of this paper is to present the Hungarian agricultural insurance system and its possible development. Using the farm level economic and meteorological data we assess the costs of introducing drought and soil submersion insurance products and the possible insurance premiums for these agricultural products.
The paper investigates the difference in technical efficiency and in productivity change, and the technology gaps, between French and Hungarian farms in the dairy and cereal, oilseeds and ...proteinseeds (COP) sectors during the period 2001-2004. The analyses are performed with national FADN data and the Data Envelopment Analysis (DEA) approach under each country’s respective frontier and under a metafrontier. Results revealed that in both the dairy and the COP sectors, Hungarian farms’ technology was the more productive, despite a technological deterioration. This suggests technological advantages for large-scale (Hungarian) over small-scale (French) farming in these two sectors. These findings may also be explained by the higher policy support in France. Subsidies received by farms have indeed a stronger negative impact on technical efficiency for French farms than for Hungarian farms, and a negative impact on the ability to lead the technology only for French farms.
The paper investigates the difference in technical efficiency and in productivity change, and the technology gaps, between French and Hungarian farms in the dairy and cereal, oilseeds and ...proteinseeds (COP) sectors during the period 2001-2004. The analyses are performed with national FADN data and the Data Envelopment Analysis (DEA) approach under each country’s respective frontier and under a metafrontier. Results revealed that in both the dairy and the COP sectors, Hungarian farms’ technology was the more productive, despite a technological deterioration. This suggests technological advantages for large-scale (Hungarian) over small-scale (French) farming in these two sectors. These findings may also be explained by the higher policy support in France. Subsidies received by farms have indeed a stronger negative impact on technical efficiency for French farms than for Hungarian farms, and a negative impact on the ability to lead the technology only for French farms.
This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows of transition economies in Central Europe by studying the ...case ofHungarian agricultural exports to their export destination countries between 1999 and 2008. Based on a gravity model that controls for other factors likely to determine bilateral trade, the results show that nominal exchange rate volatility has had a significant positive effect on agricultural trade over this period. This positive effect of exchange rate volatility on agricultural exports suggests that agri-food entrepreneurs are not interested inspeeding up the process of joining Hungary to the euro zone.
This paper takes a new empirical look at the long-standing question of the effect of exchange rate volatility on international trade flows of transition economies in Central Europe by studying the ...case of
Hungarian agricultural exports to their export destination countries between 1999 and 2008. Based on a gravity model that controls for other factors likely to determine bilateral trade, the results show that nominal exchange rate volatility has had a significant positive effect on agricultural trade over this period. This positive effect of exchange rate volatility on agricultural exports suggests that agri-food entrepreneurs are not interested in
speeding up the process of joining Hungary to the euro zone.
The paper investigates the difference in technical efficiency and technology between French and Hungarian farms in dairy and cereal, oilseed and protein seed (COP) sectors during 2001-2004. The ...analyses is performed with Data Envelopment Analysis (DEA) under separate and common frontiers. Results indicate that Hungarian dairy farmers are more clustered to their own frontier than French farms are, but that the difference is less clear in COP farming. Hungarian dairy and COP farms are less scale efficient than French farms on average. Under a common hypothetical technology, Hungarian farms would be the leaders. Reasons might be the presence of large corporate farms and a higher public support in Hungary.
The paper investigates the difference in technical efficiency, productivity and technology between French and Hungarian dairy farms, in 2001 and 2002, using Data Envelopment Analysis with separate ...and a common frontier. Results indicate that Hungarian farmers are more clustered to their own frontier than French farms are, but French farms are, on the other hand, more scale efficient. Both samples have increased their productivity between both years, with a higher technological change for Hungary. Comparing the technology of both countries reveals that Hungarian farms have a superior technology. Under a common hypothetical technology, Hungarian farms would be the leaders but French farms would nevertheless succeed in increasing their productivity as much as they do under their own frontier.
Hungary is one of the ten countries that have joined the European Union (EU) in
May 2004. Hungarian farmers are now entitled to receive direct payments per ha,
in the frame of the Single Area Payment ...Scheme (SAPS). While these payments
are still lower than the ones received by farmers in the EU-15, they are higher than
what Hungarian farmers used to receive from national pre-accession budget. This
raises the question of whether accession to the EU has had a positive impact on
farmers’ performance. In order to contribute to this issue, the paper will investigate
technical efficiency of Hungarian farmers between 2001 and 2005 using a panel
dataset of farms. While some studies have investigated other aspects of farm
performance in Hungary (Total Factor Productivity in 1997 by Hughes, 2000;
profitability and Total Factor Productivity in 2000 by Davidova et al., 2002), there
is a clear gap regarding technical efficiency of Hungary’s farming sector (the only
post-reform paper is by Mathijs and Vranken, 2001). This paper will therefore
contribute to this research, using data covering a crucial period for Hungary, the
end of the transition and the first accession year. The paper is organised as follows:
section 2 outlines the methodology. Data and results obtained with are reported and
discussed in section 3, and finally, section 4 concludes.
Agro-food trade between the BRIC countries has increased. Brazil and China contributed to the rapid increase of agro-food trade. The Russian Federation experienced the stagnating and the most ...volatile agro-food trade over time. The composition of agro-food trade for the BRIC countries varies by the BEC agro-food trade categories and over time. The prevailing in the composition of agro-food trade are BEC122 and BEC111 for Brazil and the Russian Federation, and BEC122 and BEC112 for India and China. Brazil and India have strengthened their market shares in agro-food trade between the BRIC countries, while the Russian Federation has experienced the most severe deterioration. The number and the share of trading partners that have traded every year vary between the BRIC countries and the BEC agro-food trade categories over time. Agro-food trade between the BRIC countries is positively associated with the GDP size and population size in importing countries, but negatively associated with the GDP size and population size in exporting countries as well as with distance. Mixed results are found for border effect, institutional quality and institutional similarity depending on the BEC agro-food trade categories.
