Arbeitspapier
Small farmers' preferences for weather index insurance: Insights from Kenya
Smallholder farmers in developing countries are particularly vulnerable to climate shocks but often lack access to insurance. Weather index insurance (WII) is a promising innovation, but uptake has been lower than expected. WII contracts are not yet sufficiently tailored to the needs and preferences of smallholders. We combine survey and choice-experimental data from Kenya to analyze an existing WII program and how changes in contractual design might encourage uptake. Better training, higher levels of transparency, and offering contracts to small groups rather than individual farmers would increase willingness to pay. Basis risk does not seem to be a major constraint.
- Sprache
-
Englisch
- Erschienen in
-
Series: GlobalFood Discussion Papers ; No. 93
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Agricultural Markets and Marketing; Cooperatives; Agribusiness
- Thema
-
climate risk
smallholder farmers
crop insurance
discrete choice experiment
Africa
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sibiko, Kenneth W.
Veettil, Prakashan C.
Qaim, Matin
- Ereignis
-
Veröffentlichung
- (wer)
-
Georg-August-Universität Göttingen, Research Training Group (RTG) 1666 - GlobalFood
- (wo)
-
Göttingen
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Sibiko, Kenneth W.
- Veettil, Prakashan C.
- Qaim, Matin
- Georg-August-Universität Göttingen, Research Training Group (RTG) 1666 - GlobalFood
Entstanden
- 2017
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