Patterns of Rainfall Insurance Participation in Rural India is popular PDF and ePub book, written by Xavier Giné in 2010, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Patterns of Rainfall Insurance Participation in Rural India can be Read Online from any device for your convenience.
Patterns of Rainfall Insurance Participation in Rural India Book PDF Summary
This paper describes the contract design and institutional features of an innovative rainfall insurance policy offered to smallholder farmers in rural India and presents preliminary evidence on the determinants of insurance participation. Insurance take-up is found to be decreasing in basis risk between insurance payouts and income fluctuations, higher among wealthy households, and lower among households that are credit constrained. These results match predictions of a simple neoclassical model appended with borrowing constraints. Other patterns are less consistent with the benchmark model. Namely, participation in village networks and measures of familiarity with the insurance vendor are strongly correlated with insurance take-up decisions, and risk averse households are found to be less, not more, likely to purchase insurance. We present evidence suggesting that these results reflect uncertainty about the product itself, given households' limited experience with it.
Detail Book of Patterns of Rainfall Insurance Participation in Rural India PDF
- Author : Xavier Giné
- Release : 01 October 2024
- Publisher : Unknown
- ISBN : OCLC:1290250223
- Genre : Uncategoriezed
- Total Page : 46 pages
- Language : English
- PDF File Size : 17,8 Mb
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