Gairola, Gaurav; Dey, Kushankur - In: Cogent economics & finance 11 (2023) 2, pp. 1-23
The agriculture sector observed the penetration of parametric weather risk financial products, including weather index insurance and weather derivatives, between the late 1990s and the early 2000s. However, the adoption of such products remains low. While the reasons for low adoption are...