000 nab a22 7a 4500
999 _c61242
_d61234
001 61242
003 MX-TxCIM
005 20200127182750.0
008 200123s2019 ne |||p|op||| 00| 0 eng d
022 _a1574-0862 (Online)
024 8 _ahttps://doi.org/10.1111/agec.12489
040 _aMX-TxCIM
041 _aeng
100 1 _911137
_aMatsuda, A.
245 1 0 _aDemand for temperature and rainfall index insurance in India
260 _aAmsterdam (Netherlands) :
_bIAAE :
_bWiley,
_c2019.
500 _aPeer review
520 _aWeather index insurance has been attracting considerable attention from academics and policymakers. This study investigates the demand for two types of index insurance sold in India: temperature index insurance for dry season and rainfall index insurance for subsequent monsoon season. Using data from randomized subsidy experiments, we separate purchase and quantity decisions and investigate how demand for rainfall insurance is correlated with demand for temperature insurance sold in the previous season. We find that the price (premium) does not influence purchase decisions per se but does significantly influence quantity decisions. The quantity demanded is less price‐sensitive for subsequent rainfall insurance than it is for temperature insurance. We also find that purchasers of temperature insurance tend to buy rainfall insurance more often than nonpurchasers do. However, a one‐time subsidy does not influence on subsequent demand, suggesting no price‐anchoring effect.
546 _aText in English
650 7 _2AGROVOC
_99291
_aInsurance
650 7 _2AGROVOC
_97940
_aTemperature
650 7 _2AGROVOC
_91234
_aRain
650 7 _2AGROVOC
_96895
_aSubsidies
651 7 _2AGROVOC
_93726
_aIndia
700 1 _911138
_aKurosaki, T.
773 0 _dAmsterdam (Netherlands) : IAAE : Wiley, 2019.
_gv. 50, no. 3, p. 353-366
_tAgricultural Economics
_x1574-0862
_wu444456
942 _2ddc
_cJA
_n0