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Agricultural Insurances Based on Meteorological Indices: Realizations, Methods and Research Agenda AgEcon
Leblois, Antoine; Quirion, Philippe.
In many low-income countries, agriculture is mostly rain-fed and yields highly depend on climatic factors. Furthermore, farmers have little access to traditional crop insurance, which suffers from high information asymmetry and transaction costs. Insurances based on meteorological indices could fill this gap since they do not face such drawbacks. However their implementation has been slow so far. In this article, we first describe the most advanced projects that have taken place in developing countries using these types of crop insurances. We then describe the methodology that has been used to design such projects, in order to choose the meteorological index, the indemnity schedule and the insurance premium. We finally draw an agenda for research in...
Tipo: Working or Discussion Paper Palavras-chave: Agriculture; Insurance; Climatic Risk; Environmental Economics and Policy; G21; O12; Q12; Q18; Q54.
Ano: 2010 URL: http://purl.umn.edu/91004
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Weather index drought insurance: an ex ante evaluation for millet growers in Niger AgEcon
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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Sub-Saharan African Cotton Policies in Retrospect AgEcon
Delpeuch, Claire; Leblois, Antoine.
Using a series of market structure criteria, this paper gives a panorama of policies and reforms in all sub-saharan African cotton producing countries from the early 1960s to the present time. Reporting institutional changes precisely and in a consistent manner for all countries offers new opportunities for empirical comparative work. In addition, we identify trends in policy changes, which, to our knowledge, have not yet been described; in particular, we observe a recent but clear tendency towards re-regulation, which, interestingly, seems to transcend the traditional geographical divide.
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/96174
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