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insurance demand tend to find price inelastic demand responses. Consistent with the large growth in participation in this … program in response to increased subsidization, this study finds that demand for government provisioned agricultural insurance … can be fairly elastic to subsidy levels, and that large reductions in participation may be a likely outcome in response to …
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Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately … the optimum subsidy scheme that can insure a given take-up for a new weather insurance for rice producers. We build a … model that includes the forces that are known to be determinants of insurance demand, provide reduced form confirmation of …
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Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately … the optimum subsidy scheme that can insure a given take-up for a new weather insurance for rice producers. We build a … model that includes the forces that are known to be determinants of insurance demand, provide reduced form confirmation of …
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Premium subsidies are an instrument to address low demand for natural hazard insurance, which is partly caused by … insurance demand of German wine growers after the government changed insurance regimes to avoid ex post disaster relief payments …. We find that the implementation of a premium subsidy in an immature market with low levels of participation is effective …
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