Patterns of Rainfall Insurance Participation In Rural India:
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 takeup is found to be decreasing in basis risk bet...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2007
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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 takeup is found to be decreasing in basis risk between insurance payouts and income fluctuations, increasing in household wealth and decreasing in the extent to which credit constraints bind. These results match with 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 takeup decisions, and risk-averse households are found to be less, not more, likely to purchase insurance. We suggest that these results reflect household uncertainty about the product itself, given their limited experience with it |
| Beschreibung: | 1 Online-Ressource (44 Seiten) |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV040619012 | ||
| 003 | DE-604 | ||
| 005 | 20250217 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 121206s2007 xxu o|||| 00||| eng d | ||
| 035 | |a (ZDB-1-WBA)093229593 | ||
| 035 | |a (OCoLC)836750004 | ||
| 035 | |a (DE-599)GBVNLM005465745 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-1102 |a DE-1051 |a DE-521 |a DE-863 |a DE-862 |a DE-522 |a DE-858 |a DE-573 |a DE-860 |a DE-1046 |a DE-1047 |a DE-Aug4 |a DE-2070s |a DE-M347 |a DE-1049 |a DE-898 |a DE-128 |a DE-M352 |a DE-70 |a DE-92 |a DE-150 |a DE-155 |a DE-22 |a DE-91 |a DE-384 |a DE-473 |a DE-19 |a DE-739 |a DE-20 |a DE-703 |a DE-706 |a DE-355 |a DE-29 |a DE-859 |a DE-Re13 |a DE-523 | ||
| 100 | 1 | |a Giné, Xavier |e Verfasser |0 (DE-588)1242571760 |4 aut | |
| 245 | 1 | 0 | |a Patterns of Rainfall Insurance Participation In Rural India |c Gine, Xavier |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2007 | |
| 300 | |a 1 Online-Ressource (44 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 520 | 1 | |a 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 takeup is found to be decreasing in basis risk between insurance payouts and income fluctuations, increasing in household wealth and decreasing in the extent to which credit constraints bind. These results match with 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 takeup decisions, and risk-averse households are found to be less, not more, likely to purchase insurance. We suggest that these results reflect household uncertainty about the product itself, given their limited experience with it | |
| 534 | |c 2007 | ||
| 653 | |a Accounting | ||
| 653 | |a Banks and Banking Reform | ||
| 653 | |a Debt Markets | ||
| 653 | |a Federal Reserve Bank Of New York | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Fixed Costs | ||
| 653 | |a Insurance | ||
| 653 | |a Insurance and Risk Mitigation | ||
| 653 | |a Labor Policies | ||
| 653 | |a Liquid Assets | ||
| 653 | |a Local Financial Institutions | ||
| 653 | |a Microfinance | ||
| 653 | |a Moral Hazard | ||
| 653 | |a Poverty Reduction | ||
| 653 | |a Rural Development | ||
| 653 | |a Rural Poverty Reduction | ||
| 653 | |a Savings | ||
| 653 | |a Social Protections and Labor | ||
| 653 | |a Technical Assistance | ||
| 700 | 1 | |a Vickery, James |e Verfasser |0 (DE-588)171853970 |4 aut | |
| 700 | 1 | |a Townsend, Robert M. |d 1948- |e Verfasser |0 (DE-588)129663476 |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Gine, Xavier |t Patterns of Rainfall Insurance Participation In Rural India |d 2007 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4408 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025446511 | |
Datensatz im Suchindex
| DE-BY-FWS_katkey | 461721 |
|---|---|
| _version_ | 1824555615945490432 |
| adam_text | |
| any_adam_object | |
| author | Giné, Xavier Vickery, James Townsend, Robert M. 1948- |
| author_GND | (DE-588)1242571760 (DE-588)171853970 (DE-588)129663476 |
| author_facet | Giné, Xavier Vickery, James Townsend, Robert M. 1948- |
| author_role | aut aut aut |
| author_sort | Giné, Xavier |
| author_variant | x g xg j v jv r m t rm rmt |
| building | Verbundindex |
| bvnumber | BV040619012 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)093229593 (OCoLC)836750004 (DE-599)GBVNLM005465745 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 c 4500</leader><controlfield tag="001">BV040619012</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20250217</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">121206s2007 xxu o|||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)093229593</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)836750004</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005465745</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-1051</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-2070s</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-128</subfield><subfield code="a">DE-M352</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-150</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-523</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Giné, Xavier</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1242571760</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Patterns of Rainfall Insurance Participation In Rural India</subfield><subfield code="c">Gine, Xavier</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2007</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (44 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">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 takeup is found to be decreasing in basis risk between insurance payouts and income fluctuations, increasing in household wealth and decreasing in the extent to which credit constraints bind. These results match with 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 takeup decisions, and risk-averse households are found to be less, not more, likely to purchase insurance. We suggest that these results reflect household uncertainty about the product itself, given their limited experience with it</subfield></datafield><datafield tag="534" ind1=" " ind2=" "><subfield code="c">2007</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Accounting</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Banks and Banking Reform</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Debt Markets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Federal Reserve Bank Of New York</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Finance and Financial Sector Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Fixed Costs</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Insurance</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Insurance and Risk Mitigation</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Labor Policies</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Liquid Assets</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Local Financial Institutions</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Microfinance</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Moral Hazard</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Poverty Reduction</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Rural Development</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Rural Poverty Reduction</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Savings</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Social Protections and Labor</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Technical Assistance</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Vickery, James</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)171853970</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Townsend, Robert M.</subfield><subfield code="d">1948-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)129663476</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Gine, Xavier</subfield><subfield code="t">Patterns of Rainfall Insurance Participation In Rural India</subfield><subfield code="d">2007</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4408</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025446511</subfield></datafield></record></collection> |
| id | DE-604.BV040619012 |
| illustrated | Not Illustrated |
| indexdate | 2025-02-20T07:10:29Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446511 |
| oclc_num | 836750004 |
| open_access_boolean | |
| owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| physical | 1 Online-Ressource (44 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Giné, Xavier Vickery, James Townsend, Robert M. 1948- Patterns of Rainfall Insurance Participation In Rural India |
| title | Patterns of Rainfall Insurance Participation In Rural India |
| title_auth | Patterns of Rainfall Insurance Participation In Rural India |
| title_exact_search | Patterns of Rainfall Insurance Participation In Rural India |
| title_full | Patterns of Rainfall Insurance Participation In Rural India Gine, Xavier |
| title_fullStr | Patterns of Rainfall Insurance Participation In Rural India Gine, Xavier |
| title_full_unstemmed | Patterns of Rainfall Insurance Participation In Rural India Gine, Xavier |
| title_short | Patterns of Rainfall Insurance Participation In Rural India |
| title_sort | patterns of rainfall insurance participation in rural india |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4408 |
| work_keys_str_mv | AT ginexavier patternsofrainfallinsuranceparticipationinruralindia AT vickeryjames patternsofrainfallinsuranceparticipationinruralindia AT townsendrobertm patternsofrainfallinsuranceparticipationinruralindia |