Efficient resource allocation drives sustainable economic growth. This paper assesses the impact of risk management on factor input reallocation. We combine externally-imposed regulatory thresholds for identification with firm-level data on capital and labor characteristics, which include labor...

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme. The NAIS is considered to be an improvement over the CCIS, but it has simply replaced one flawed...

The valuation of traceable or safety-branded food by consumers in developing countries affected by diseases such as avian influenza, or with food safety issues in general, is very difficult to identify. Products that have safety-branding are not common, and food is usually purchased by...