Sakurai, Takeshi; Reardon, Thomas - In: American Journal of Agricultural Economics 79 (1997) 4, pp. 1193-1207
The objectives of this paper are twofold: (a) to estimate demand for formal drought insurance using farm household data in Burkina Faso and (b) to find what determines insurance demand. The following findings are salient. First, effective demand is found in all zones, which implies inadequacies...