Demand for Price Insurance among Farmers in India: A Choice Experiment-based Approach

被引：6
|
作者：
Ranganathan, Thiagu [1 ]
Gaurav, Sarthak [2 ]
Singh, Ashish [2 ]
机构：
[1] Inst Econ Growth, Agr Econ Res Unit, New Delhi, India
[2] Indian Inst Technol, Shailesh J Mehta Sch Management, Bombay 400076, Maharashtra, India
来源：
MARGIN-JOURNAL OF APPLIED ECONOMIC RESEARCH | 2016年 / 10卷 / 02期
关键词：
Willingness to Pay; Price Insurance; Choice Experiments; India;
D O I：
10.1177/0973801015625266
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using choice experiments, we estimate the willingness to pay for price insurance among cotton and paddy farmers in the Indian state of Gujarat. We also identify the interactions between the demand for price insurance and existing informal and formal risk management mechanisms. Our results indicate that cotton farmers value price insurance more than paddy farmers. Also, most of the existing informal risk management strategies seem to have a positive effect on the demand for price insurance, suggesting potential complementarities. Important policy implications on the design and bundling of innovative financial products follow from our findings. JEL Classification:D81, D01, G13
引用
收藏
页码：198 / 224
页数：27
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