Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/30235 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Working Paper Series in Economics No. 149
Verlag: 
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre, Lüneburg
Zusammenfassung: 
Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain-index insurance with frequent payoffs, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, a rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management.
Schlagwörter: 
Ecological-economic modeling
weather-index insurance
Namibia
grazing management
risk
sustainability
weather-based derivatives
JEL: 
D81
G22
Q14
Q56
Q57
Dokumentart: 
Working Paper

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