Index-Based Drought Insurance for Arable Farms: Basis Risk Measured Against Farm-Level Losses

Authors

  • Aivar Jurgenson Department of Agricultural Economics, Sakala Institute of Agro-Informatics, Viljandi, Estonia Author
  • Cathal Heneghan Department of Agricultural Economics, Bandon Valley Centre for Digital Agriculture, Bandon, Ireland Author
  • Emilija Bosnjak-Mar Centre for Agroclimatology, Slavonija Centre for Digital Agriculture, Vinkovci, Croatia Author

DOI:

https://doi.org/10.5281/zenodo.22664638

Keywords:

Index-Based Drought Insurance for Arable Farms; Agro-informatics; Precision agriculture; Evidence synthesis; On-farm technology

Abstract

Index-Based Drought Insurance for Arable Farms has moved quickly from a research idea to something a working farm can
actually use, but the evidence behind it has not always kept pace. We pull together the current evidence for index-based drought
insurance for arable farms, covering the methodological, practical, governance and cost angles, with an eye on where practice
has genuinely settled and where farms and advisors are still largely working it out for themselves. Selective, context-specific
adoption looks better supported by the evidence gathered here than either broad rollout or blanket avoidance.

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Farkas I, Ionescu F, et al. "Index-Based Drought Insurance for Arable Farms: a pilot deployment". J Agric Sci 38(2023): 465-479. DOI: 10.3390/diagnostics15162117

Grabowski P, Petrescu G, et al. "Index-Based Drought Insurance for Arable Farms: a case study". Agric Water Manag 40(2014): 476-482. DOI: 10.4103/jrpp.jrpp_20_65

Hendriksen W, Wojcik H, et al. "Index-Based Drought Insurance for Arable Farms: a meta-analysis". Food Policy 42(2017): 487-494. DOI: 10.3389/fdgth.2026.1763884

Ionescu F, Foscarini I, et al. "Index-Based Drought Insurance for Arable Farms: a comparative trial". World Dev 44(2020): 498-506. DOI: 10.2196/48297

Jankowiak G, Grabowski J, et al. "Index-Based Drought Insurance for Arable Farms: a farmer-survey study". PLoS One 46(2023): 509-518. DOI: 10.1007/s00330-025-12031-z

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Published

2023-10-10

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Vol. 2 No. 2 (2023): Vol 2 Issue 2 2023

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