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This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes after a period of severe climatic events that caused...
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insurance. Weather index insurance (WII) is a promising innovation, but uptake has been lower than expected. WII contracts are … not yet sufficiently tailored to the needs and preferences of smallholders. We combine survey and choice-experimental data …
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