The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Patterns of Rainfall Insurance Participation in Rural India
Abstract
Take-up of an innovative rainfall insurance policy offered to smallholder farmers in rural India decreases with basis risk between insurance payouts and income fluctuations, increases with household wealth, and decreases with binding credit constraints. These results are consistent with the predictions of a simple neoclassical model with borrowing constraints. Other patterns are less consistent with the benchmark model. For example, 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 less, not more, likely to purchase insurance. These results may reflect household uncertainty about the product, given their limited experience with it.
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Cites
Adoption of Agricultural Innovations in Developing Countries: A Survey
Feder, G., Just, R. E., & Zilberman, D. (1985) · Economic Development and Cultural Change · doi:10.1086/451461 · Cited by 3,482
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Insurance, credit, and technology adoption: Field experimental evidencefrom Malawi
Giné, X., & Yang, D. (2009) · Journal of Development Economics · doi:10.1016/j.jdeveco.2008.09.007 · Cited by 585
Self-citationTechnological Innovations, Downside Risk, and the Modernization of Agriculture
Emerick, K., de Janvry, A., Sadoulet, E., & Dar, M. H. (2016) · American Economic Review · doi:10.1257/aer.20150474 · Cited by 375
Behavioral development economics
Kremer, M., Rao, G., & Schilbach, F. (2019) · Handbook of Behavioral Economics: Applications and Foundations 1 · doi:10.1016/bs.hesbe.2018.12.002 · Cited by 188
Risk preferences and development revisited
Vieider, F. M., Martinsson, P., Nam, P. K., & Truong, N. (2019) · Theory and Decision · doi:10.1007/s11238-018-9674-8 · Cited by 47
Metadata
- Authors
- Giné, X., Townsend, R., & Vickery, J.
- Venue
- The World Bank Economic Review
- Publisher
- Oxford University Press (OUP)
- Published
- 2008-01-01
- Volume
- 22
- Issue
- 3
- Pages
- 539-566
- ISSN
- 0258-6770 (ISSN-L)
- 1564-698X
- OpenAlex
- W2129760625
- Cited by
- 516
- References
- 1
- FWCI
- 30.38
- Type
- journal article
- Language
- en
- Open access
- closed
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