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demand for insurance for tree crops is much larger than for non-tree crops. Crop insurance has a small but significant … negative effect on prices of insured crops. This last finding is consistent with the view that demand for such highly …
Persistent link: https://www.econbiz.de/10013131302
opportunities to purchase rainfall index insurance, or a combination of the two. Demand for index insurance is strong, and insurance …, farmers are able to find resources to increase expenditure on their farms. Demand for insurance in subsequent years is …'s social network, as well as with recent poor rain in their village. Both investment patterns and the demand for index …
Persistent link: https://www.econbiz.de/10013065210
We report results from a large randomized natural field experiment conducted in southwestern China in the context of insurance for sows. Our study sheds light on two important questions about microinsurance. First, how does access to formal insurance affect farmers' production decisions? Second,...
Persistent link: https://www.econbiz.de/10013150736
experiment. Given that the potential impacts of insurance for small scale farmers are high, and yet demand for conventionally …
Persistent link: https://www.econbiz.de/10012911082
find that both labor demand and equilibrium wages become more rainfall sensitive when cultivators are offered rainfall …
Persistent link: https://www.econbiz.de/10013060688
This paper examines whether agricultural insurance can boost investment by small scale farmers in West Africa. We conduct a randomized evaluation to analyze the impacts of index insurance for cotton farmers in Burkina Faso. We find no impact of insurance on cotton, but, consistent with...
Persistent link: https://www.econbiz.de/10013300931
This paper uses a Ceridian transaction-by-transaction data set on purchases of diesel fuel by over-the-road truckers to form a monthly diesel volume purchase index from 1999 to 2011, purged of weekday, holiday and calendar effects. These high-frequency data support a new and improved set of...
Persistent link: https://www.econbiz.de/10013127986
We develop an estimator for the parameters of a utility function that has interactions between the unobserved demand … contraction can still be used to recover the mean utility term that now contains both the demand error and the interactions with … and we show together they are sufficient for identification of all of the demand parameters. A major advantage of our …
Persistent link: https://www.econbiz.de/10013128265
The failure of many paintings to sell in art auctions indicates the presence of reserve prices set by sellers. This paper examines the relationship between sale rates and price surprises over time in art auctions. Using data on contemporary and impressionist art, we show that while sale rates...
Persistent link: https://www.econbiz.de/10013130962
A positive correlation between insurance coverage and ex post risk can be an indicator for private information in insurance markets. However, this test fails if agents have heterogeneous risk attitudes. We propose a new test that conditions on unobserved types of individuals who differ in their...
Persistent link: https://www.econbiz.de/10013130968