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http://hdl.handle.net/10419/43445
  

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dc.contributor.authorLeblois, Antoineen_US
dc.contributor.authorQuirion, Philippeen_US
dc.date.accessioned2010-11-24en_US
dc.date.accessioned2010-12-22T10:42:05Z-
dc.date.available2010-12-22T10:42:05Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/43445-
dc.description.abstractIn many low-income countries, agriculture is mostly rainfed and yields highly depend on climatic factors. Furthermore, farmers have little access to traditional crop insurance, which suffers from high information asymmetry and transaction costs. Insurances based on meteorological indices could fill this gap since they do not face such drawbacks. However their implementation has been slow so far. In this article, we first describe the most advanced projects that have taken place in developing countries using these types of crop insurances. We then describe the methodology that has been used to design such projects, in order to choose the meteorological index, the indemnity schedule and the insurance premium. We finally draw an agenda for research in economics on this topic. In particular, more research is needed on implementation issues, on the assessment of benefits, on the way to deal with climate change, on the spatial variability of weather and on the interactions with other hedging methods.en_US
dc.language.isoengen_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 2010,71en_US
dc.subject.jelG21en_US
dc.subject.jelO12en_US
dc.subject.jelQ12en_US
dc.subject.jelQ18en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.keywordAgricultureen_US
dc.subject.keywordInsuranceen_US
dc.subject.keywordClimatic Risken_US
dc.titleAgricultural insurances based on meteorological indices: realizations, methods and research agendaen_US
dc.typeWorking Paperen_US
dc.identifier.ppn640489370en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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