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| Leblois, Antoine; Quirion, Philippe; Alhassane, Agali; Traore, Seydou. |
| In the Sudano-Sahelian region, which includes South Niger, the inter-annual variability of the rainy season is high and irrigation is scarce. As a consequence, bad rainy seasons have a massive impact on crop yield and regularly entail food crises. Traditional insurances based on crop damage assessment are not available because of asymmetric information and high transaction costs compared to the value of production. We assess the risk mitigation capacity of an alternative form of insurance which has been implemented in India since 2003: insurance based on a weather index. We compare the capacity of various weather indices to increase utility of a representative risk-averse farmer. We show the importance of using plot-level yield data rather than village... |
| Tipo: Presentation |
Palavras-chave: Agriculture; Index-based insurance.; Crop Production/Industries; Risk and Uncertainty; G21; O12; Q12; Q18; Q54.. |
| Ano: 2011 |
URL: http://purl.umn.edu/120378 |
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