Evaluation of Economic Damages on Rice Production under Extreme Climate and Agricultural Insurance for Adaptation Measures in Northeast Thailand
Year: 2019
Type: article
Abstract: In northeast Thailand, the irrigated agricultural land was only 7.6% (in 2012) of total and others were classified as rain-fed so that climate change makes agricultural production unstable and also makes negative impact to the societies and economics in rural area.To mitigate these issues, it is desirable to develop enhanced adaptation measures.In this study, we focused on weather induced economic damages and effectiveness of index-based insurance system in Northeast Thailand.Firstly, we evaluated how affect the seasonal rainfall amount and patterns on rice yield and production through regression analysis by using the meteorological and agricultural statistic data.8 province had positive correlation R>0.3 with Jul-Sep accumulated rainfall.And then, probability analysis was applied to monthly rainfall which was employed for insurance index value.As a result, setting amount and periods of insurance index was suitable.Secondly, household survey was conducted to investigate farmers' conditions of water use, cultivation, income balance.In recent year, agricultural damage on farmers' income was not so large (less than 3%), because 65% of farmers' income relied on non-agricultural sector.That might be the one reason of constraints of insurance sales.
Source: Engineering Journal
Institutions: Ibaraki University, Khon Kaen University, Kasetsart University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2996884758