Demand and Design Considerations for Smallholder Farmers' Weather Index Insurance Products PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Demand and Design Considerations for Smallholder Farmers' Weather Index Insurance Products PDF full book. Access full book title Demand and Design Considerations for Smallholder Farmers' Weather Index Insurance Products by Francisco Ceballos. Download full books in PDF and EPUB format.
Author: Francisco Ceballos Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This cumulative dissertation discusses a range of topics related to the demand for and considerations around product design of weather index insurance instruments aimed at smallholder farmers' risk management. The second chapter, "Demand for a Simple Weather Insurance Product in India: Theory and Evidence," uses survey and administrative data from a project conducted in Madhya Pradesh, India during the 2010-2012 period. As part of this project, a new index insurance product was introduced to protect smallholder farmers of rainfed soybean from both deficit and excess rainfall during two cons...
Author: Francisco Ceballos Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This cumulative dissertation discusses a range of topics related to the demand for and considerations around product design of weather index insurance instruments aimed at smallholder farmers' risk management. The second chapter, "Demand for a Simple Weather Insurance Product in India: Theory and Evidence," uses survey and administrative data from a project conducted in Madhya Pradesh, India during the 2010-2012 period. As part of this project, a new index insurance product was introduced to protect smallholder farmers of rainfed soybean from both deficit and excess rainfall during two cons...
Author: Francisco Ceballos Publisher: ISBN: Category : Languages : en Pages :
Book Description
This cumulative dissertation discusses a range of topics related to the demand for and considerations around product design of weather index insurance instruments aimed at smallholder farmers' risk management. The second chapter, "Demand for a Simple Weather Insurance Product in India: Theory and Evidence," uses survey and administrative data from a project conducted in Madhya Pradesh, India during the 2010-2012 period. As part of this project, a new index insurance product was introduced to protect smallholder farmers of rainfed soybean from both deficit and excess rainfall during two cons...
Author: Ephias Makaudze Publisher: AFRICAN SUN MeDIA ISBN: 191998545X Category : Technology & Engineering Languages : en Pages : 146
Book Description
ÿThe international conference on ?Weather index insurance in Africa: lessons learnt and goals for the future? was organised by the Department of Economics, University of the Western Cape, in collaboration with its international partners. The conference attracted over 40 participants drawn from academic and research institutions, insurance practitioners, reinsurers, government policy makers, bankers, agricultural producers, and representatives of non-governmental organisations. The presenters highlighted experiences, challenges and opportunities based on current pilot projects on weather index insurance in many parts of Africa.
Author: Ruth Vargas Hill Publisher: Intl Food Policy Res Inst ISBN: Category : Social Science Languages : en Pages : 40
Book Description
Risk and poverty are inextricably linked. Susceptibility to risk is a defining feature of what it means to be poor. Poor people often live in environments characterized by high weather and disease risk, and it is poor households that have the fewest tools to deal with drought, floods, and disease when they occur. Breaking the link between risk and poverty by insuring poor people both lessens the affliction of poverty and allows poor people to participate in income growth. This set of briefs considers how to increase the tools available to poor households to manage agricultural and health risks. The focus is how to develop insurance markets, along with other financial instruments such as credit, savings, and social protection policies. The series does not document the proven impact of insurance markets for the welfare of poor people; rather, it brings together briefs written by businesspeople, policymakers, and researchers that document innovations, lessons learned, and areas of future work and action.
Author: Michael R. Carter Publisher: Intl Food Policy Res Inst ISBN: Category : Languages : en Pages : 2
Book Description
Despite their compelling logic, index insurance contracts that transfer risk from smallholder farmers and pastoralists have met with sometimes indifferent demand and low uptake by the intended beneficiaries. Yet the evidence that risk plays an important role in creating and perpetuating rural poverty is mounting and demands further efforts to solve this problem. This brief focuses on ways to solve this demand problem by designing index insurance contracts more intelligently.
Author: Erena, Getaneh Publisher: CTA ISBN: Category : Technology & Engineering Languages : en Pages : 8
Book Description
This brief identifies and addresses key issues facing weather-index-based agricultural insurance. Drawing on diverse experiences from Africa and Central America, it zooms in on key challenges such as affordability, quality of weather data and models, raising awareness and trust in the benefits of insurance products and policy and regulatory frameworks. To have real impact, scale is the first requirement. Scaling strategies require reliable products, access to the rural areas, increased awareness about insurance and cost-effective delivery channels.
Author: Hill, Ruth Vargas Publisher: Intl Food Policy Res Inst ISBN: Category : Political Science Languages : en Pages : 40
Book Description
It is widely acknowledged that unmitigated risks provide a disincentive for otherwise optimal investments in modern farm inputs. Index insurance provides a means for managing risk without the burdens of asymmetric information and high transaction costs that plague traditional indemnity-based crop insurance programs. Yet many index insurance programs that have been piloted around the world have met with rather limited success, so the potential for insurance to foster more intensive agricultural production has yet to be realized. This study assesses both the demand for and the effectiveness of an innovative index insurance product designed to help smallholder farmers in Bangladesh manage risk to crop yields and the increased production costs associated with drought. Villages were randomized into either an insurance treatment or a comparison group, and discounts and rebates were randomly allocated across treatment villages to encourage insurance take-up and to allow for the estimation of the price elasticity of insurance demand. Among those offered insurance, we find insurance demand to be moderately price elastic, with discounts significantly more successful in stimulating demand than rebates. Farmers who are highly risk averse or sensitive to basis risk prefer a rebate to a discount, suggesting that the rebate may partially offset some of the implicit costs associated with insurance contract nonperformance. Having insurance yields both ex ante risk management effects and ex post income effects on agricultural input use. The risk management effects lead to increased expenditures on inputs during the aman rice-growing season, including expenditures for risky inputs such as fertilizers, as well as those for irrigation and pesticides. The income effects lead to increased seed expenditures during the boro rice-growing season, which may signal insured farmers’ higher rates of seed replacement, which broadens their access to technological improvements embodied in newer seeds as well as enhancing the genetic purity of cultivated seeds.
Author: Francisco Ceballos
Author: Francisco Ceballos
Author: Francisco Ceballos
Author: Ephias Makaudze
Author: Ruth Vagas Hill
Author: Ruth Vargas Hill
Author: Michael R. Carter
Author: Ephias Makaudze
Author: Erena, Getaneh
Author: Jiří Petr
Author: Hill, Ruth Vargas