Modeling indemnity of revenue-based crop insurance in Indonesia using time-varying copula models
Penulis/Author
ATINA AHDIKA (1); Prof. Dr.rer.nat. Dedi Rosadi, S.Si.,, M.Sc. (2); Dr. Adhitya Ronnie Effendie, S.Si., M.Si., M.Sc. (3); Prof. Dr. Drs. Gunardi, M.Si. (4)
Tanggal/Date
19 2019
Kata Kunci/Keyword
Abstrak/Abstract
Crop insurance is a potential business line to develop, especially in countries with agricultural bases. In such type of insurance, a loss can be defined as a lack of revenue resulted from the crop yield or the price. The purpose of this paper is to model the variability of revenue-based agricultural losses through the implementation of time-varying copula towards crop yield and price, and to estimate the indemnity of the revenue-based crop insurance. The analysis employs both static and time-varying Normal and Archimedean copula to model the structure of dependency between crop yield and price. Each marginal variable is modeled using ARIMA model. A simple algorithm is proposed to estimate revenue-based losses and indemnity of the revenue based
crop insurance.
Level
Internasional
Status
Dokumen Karya
No
Judul
Tipe Dokumen
Aksi
1
1_5139121.pdf
[PAK] Full Dokumen
2
196511281991031004-1420-Publikasi-1.pdf
[PAK] Informasi Dewan Redaksi/Editor/Steering Committee
3
196511281991031004-1420-Publikasi-2.pdf
[PAK] Dokumen Susunan Panitia
4
196511281991031004-1420-Publikasi-3.pdf
5
Modeling indemnity of revenue-based crop insurance in Indonesia using time-varying copula models.pdf
