TY  - JA
AU  - Ahmed,S.
AU  - McIntosh,C.
AU  - Sarris,A.H.
TI  - The impact of commercial rainfall index insurance: experimental evidence from Ethiopia
SN  - 0002-9092
PY  - 2020///
CY  - United Kingdom
PB  - Wiley
KW  - Agriculture
KW  - AGROVOC
KW  - Insurance
KW  - Experimental data
KW  - Ethiopia
N1  - Peer review
N2  - We present the results of an experiment introducing commercial rainfall index insurance into drought-prone farming cooperatives in Amhara Region, Ethiopia. We provided a market-priced rainfall deficit insurance product through producer cooperatives and tested a number of potential ways to kick start private demand. Take up of the insurance at market prices is very low, between 0.5% and 3% across seasons. When we use a randomized experiment to distribute small free insurance contracts to farmers, 39% of subsidized individuals enroll but this fails to stimulate input use, yields, or income, nor does it enhance demand in subsequent seasons. A training and promotion on the product improves uptake and willingness to pay but also does not improve farming outcomes. We conclude with a case study of our efforts to interlink index insurance with credit for agricultural inputs
DO  - https://doi.org/10.1002/ajae.12029
T2  - American Journal of Agricultural Economics
ER  -