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Authors Jung-Chen Chien, Woei-Dai Chang & Linus Fang-Shu Chan Pages 205–220 Keywords Yield loss, Index-based insurance, Mango |
How to Cite Chien, J.-C., Chang, W.-D., & Chan, L. F.-S. (2025). Mango yield loss and Index-Based Insurance: An exploration of temperature, rainfall, wind speed, and atmospheric pressure risk factors. Management Review, 44(1), 205–220. https://doi.org/10.6656/MR.202501_44(1).ENG003
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Abstract
Purpose – To examine the impact of meteorological risk factors on mango yield losses and to design index-based insurance.
Design/methodology/approach – Using agricultural and meteorological data from Tainan, Kaohsiung, and Pingtung from 1989 to 2018, the study employed a panel data model to analyze the relationship between meteorological risk factors and mango yield losses.
Findings – Temperature (December, February, April), atmospheric pressure (December), rainfall (January, February, May), and wind speed (December) were significantly correlated with mango yield losses.
Research limitations/implications – Weather station data and regional characteristics limited the study. Integrating satellite technology is recommended to reduce parameter risk.
Practical implications/Social implications – Strengthens understanding of the relationship between meteorological risk factors and crop losses; index-based insurance reduces loss assessment costs and enhances agricultural insurance effectiveness, promoting agricultural stability and development.
Originality/value – Proposes a framework for designing index-based mango insurance, providing farmers with an innovative risk management tool.