Investigating Grape Insurance in the Conegliano-Valdobbiadene Prosecco Docg Area, Economic Analysis and Assessment of Policy Measures, Period 2014-2017
The protection of crop products depends on agricultural insurance. The increasing frequency of catastrophic weather events in Italy has a substantial impact on the dynamics of the crop insurance market by lowering insurance companies’ propensity to assume climatic risks. This study’s primary focus is the demand for insurance in the Conegliano-Valdobbiadene region’s Controlled and Guaranteed Designation of Origin (Docg) district. The analysis’s goal is to close the knowledge gap in winegrowers’ attitudes about insurance by giving a very precise snapshot of adherence to agricultural policy measures. The research begins with the microdata of each insured farm at the municipal level, providing a first economic picture of the viticulture in the Docg Prosecco region. The second objective is to establish an appropriate assessment of the insurance demand using novel indicators that pinpoint the primary economic impacts of public contributions for the three market participants—winegrowers, public stakeholders, and insurance firms. The study offers insightful results analysis, discussion, and potential policy ramifications. The subsidy efficiency index is specifically used to investigate the impact of public measures (SEI). Its overall positive highlights the relative effectiveness of the grant level. The ability to accurately depict the actual structure of subsidized grape insurance in such a clear setting can be a significant asset for information transmission to stakeholders and policy makers.
Antonio De Pin,
Department of Economics, Ca’ Foscari University of Venice, San Giobbe 873, Cannaregio, 30121 Venice, Italy.
Pier Paolo Miglietta,
Department of Biological and Environmental Sciences and Technologies, University of Salento, Via per Monteroni, 73100 Lecce, Italy.
Department of Veterinary and Medical Sciences, University of Bologna, Via Tolara di Sopra 50, 40064 Ozzano dell’Emilia, Italy.
Department of Veterinary Medicine and Animal Production, University of Naples Federico II, Via Università 96, 80055 Portici, Italy.
Please see the link here: https://stm.bookpi.org/CABEF-V2/article/view/7646
Keywords: Agricultural insurance, wine supply chain, risk management, public subsidies, insurance indicators, controlled and guaranteed origin denomination (Docg), economy of viticulture