降雨指数的期权设计在农业气象风险中的应用——以哈尔滨地区为例

Design of rainfall index option and application in agricultural meteorological risk: based on Harbin city

降雨指数期权是为了消除降雨气象风险给降雨敏感行业带来的收入不确定性而产生的一种新型风险管理工具,其实质是将金融衍生工具理念应用于降雨气象风险管理。降雨指数期权合约的设计及出现能有效提高农业降雨气象风险的管理水平,从而稳定农民收入,促进农业发展。在对国内外降雨指数类衍生品进行分析基础上,重点探讨了降雨指数期权合约的设计及其在规避农业降雨气象风险方面的可行性。

Rainfall index option is a new type of risk management tool that can eliminate income uncertainty of some industries. These industries are sensitive to rainfall. Essentially, rainfall index option apply option theory to rainfall meteorological risk management. The design of rainfal index option can enhance the level of rainfall meteorological risk management in agriculture. Using the rainfall index option can stabilize earnings of peasants and promote agricultural development. Based on diversified literatures about rainfall index derivatives, this paper design rainfal index option and verify the feasibility of rainfal index option in the rainfall meteorological risk management.