{"title":"Towards a holistic approach to sustainable risk management in agriculture in the EU: a literature review","authors":"Linda Arata, Simone Cerroni, Fabio Gaetano Santeramo, Samuele Trestini, Simone Severini","doi":"10.36253/bae-14492","DOIUrl":null,"url":null,"abstract":"Agriculture is one of the sectors most exposed to a plethora of risky phenomena such as weather, pests and diseases, changes in prices and government policies, instability of global markets. We review the literature on risk management (RM) in agriculture focusing on five key issues: i) why evidence on RM is often controversial; ii) how farmers behave in selecting among available RM instruments; iii) why some of these instruments are underutilised; iv) how to assess the impacts of innovative RM tools to (further) improve their design; v) how agricultural policy measures aimed at increasing the environmental sustainability of the sector could affect RM choices. We address all these issues to get a holistic vision of RM, and point at areas where further analyses are needed.","PeriodicalId":44385,"journal":{"name":"Bio-based and Applied Economics","volume":null,"pages":null},"PeriodicalIF":1.8000,"publicationDate":"2023-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Bio-based and Applied Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36253/bae-14492","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Agriculture is one of the sectors most exposed to a plethora of risky phenomena such as weather, pests and diseases, changes in prices and government policies, instability of global markets. We review the literature on risk management (RM) in agriculture focusing on five key issues: i) why evidence on RM is often controversial; ii) how farmers behave in selecting among available RM instruments; iii) why some of these instruments are underutilised; iv) how to assess the impacts of innovative RM tools to (further) improve their design; v) how agricultural policy measures aimed at increasing the environmental sustainability of the sector could affect RM choices. We address all these issues to get a holistic vision of RM, and point at areas where further analyses are needed.
期刊介绍:
The journal Bio-based and Applied Economics (BAE) provides a forum for presentation and discussion of applied research in the field of bio-based sectors and related policies, informing evidence-based decision-making and policy-making. It intends to provide a scholarly source of theoretical and applied studies while remaining widely accessible for non-researchers. BAE seeks applied contributions on the economics of bio-based industries, such as agriculture, forestry, fishery and food, dealing with any related disciplines, such as resource and environmental economics, consumer studies, regional economics, innovation and development economics. Beside well-established fields of research related to these sectors, BAE aims in particular to explore cross-sectoral, recent and emerging themes characterizing the integrated management of biological resources, bio-based industries and sustainable development of rural areas. A special attention is also paid to the linkages between local and international dimensions.