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DOI:10.31220/agriRxiv.2023.00209
声明:预印本系统所发表的论文仅用于最新科研成果的交流与共享,未经同行评议,因此不建议直接应用于指导生产实验。

Climatic damage cause variations of agricultural insurance loss for the Pacific Northwest region of the United States.

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    Abstract: Agricultural crop insurance is an important component for mitigating farm risk, particularly 1 given the potential for unexpected climatic events. Using a 2.8 million nationwide insurance claim 2 dataset from the United States Department of Agriculture (USDA), this research study examines 3 spatiotemporal variations of over 31,000 agricultural insurance loss claims across the 24-county region 4 of the inland Pacific Northwest (iPNW) portion of the United States, from 2001 to 2022. Wheat is the 5 dominant insurance loss crop for the region, accounting for over 2.8 billion dollars in indemnities, 6 with over 1.5 billion dollars resulting in claims due to drought. While fruit production generates 7 considerably lesser insurance losses (400 million dollars) as a primary result of freeze, frost and 8 hail, overall revenue ranks number one for the region, with over 2 billion dollars in sales. Principal 9 components analysis of crop insurance claims showed distinct spatial and temporal differentiation in 10 wheat and apples insurance losses using the range of damage causes as factor loadings. The first two 11 factor loadings for wheat account for approximately 50 percent of total variance for the region, with 12 apples having 60 percent variance.

    Key words: dollars; insurance; loss; claims; region; billio

    提交时间:2023-10-24

    版权声明:作者本人独立拥有该论文的版权,预印本系统仅拥有论文的永久保存权利。任何人未经允许不得重复使用。
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  • Erich,Seamon, Paul E.,Gessler, John T.,Abatzoglou, Philip W.,Mote, Stephen S.,Le. Climatic damage cause variations of agricultural insurance loss for the Pacific Northwest region of the United States.. 2023. doi: 10.31220/agriRxiv.2023.00209

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Erich,Seamon, Paul E.,Gessler, John T.,Abatzoglou, Philip W.,Mote, Stephen S.,Le. Climatic damage cause variations of agricultural insurance loss for the Pacific Northwest region of the United States.. 2023. agriXiv.2023.00209

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