An Empirical Evaluation of Irrigation Insurance for Agricultural Systems in the Mexican Northwest

Leiva, Akssell J.; Skees, Jerry R.

doi:10.22004/ag.econ.34177

An Empirical Evaluation of Irrigation Insurance for Agricultural Systems in the Mexican Northwest

Leiva, Akssell J.; Skees, Jerry R.

2006

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Abstract

Prototype inflow-based derivative contracts are designed to hedge irrigation risk in the Rio Mayo Valley of Sonora, Mexico. The results indicate that an 18-month contract is feasible given the specific characteristics of the region selected for the study.