000 | 02491nab a22003377a 4500 | ||
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001 | G98358 | ||
003 | MX-TxCIM | ||
005 | 20211124171423.0 | ||
008 | 211124s2013 ii |||p|op||| 00| 0 eng d | ||
022 | _a0974-0279 (Online) | ||
022 | _a0971-3441 | ||
040 | _aMX-TxCIM | ||
041 | _aeng | ||
090 | _aCIS-7418 | ||
100 | 1 |
_aAli, A. _8I1706046 _gFormerly Socioeconomics Program _9800 |
|
245 | 1 | 0 |
_aFarmers' willingness to pay for index based crop insurance in Pakistan : _ba case study on food and cash crops of rain-fed areas |
260 |
_aIndia : _bAgricultural Economics Research Association, _c2013. |
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500 | _aPeer review | ||
500 | _aPeer-review: No - Open Access: Yes|http://www.aeraindia.in/Publications.html | ||
520 | _aIn Pakistan, agriculture is vulnerable to multiple risks, especially in the rain-fed areas. The crop insurance can serve as a useful tool to manage risks in the rain-fed areas of Pakistan. This study has assessed farmers’ willingness to pay for insurance in the rain-fed areas of Pakistan by conducting a survey of 531 farmers in the Soon valley and Talagang areas of Pakistan. The farmers’ willingness to pay for the index based crop insurance has been studied by employing the different econometric models. It has been found that these rain-fed areas consider indexed based insurance to be an important risk management strategy. The empirical results have indicated that farmers’ economic status, household assets and membership of community organization are the important determinants of their willingness to pay a higher insurance premium. The propensity score matching results have revealed that farmers were satisfied with index based insurance and were also willing to increase the area under food as well as cash crops. This study has suggested that to make agricultural insurance scheme more successful, the government should provide subsidy which will help in increasing the area under food and cash crops and shall ensure food security in the region. | ||
546 | _aText in English | ||
595 | _aCSC | ||
650 | 1 | 0 | _aCash crops |
650 | 1 | 0 |
_aFood crops _91994 |
650 | 1 | 0 | _aindex based insurance |
650 | 1 | 0 | _arain-fed, Pakistan |
650 | 1 | 0 | _awillingness to pay |
773 | 0 |
_tAgricultural Economics Research Review _gv. 26, no. 2, p. 241-248 _dIndia : Agricultural Economics Research Association, 2013. _x0971-3441 |
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856 | 4 |
_uhttps://hdl.handle.net/20.500.12665/174 _yAccess only for CIMMYT Staff |
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942 |
_cJA _2ddc _n0 |
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_c30279 _d30279 |