Delayed premium payment, insurance adoption, and household investment in rural China

We conduct a randomized controlled trial to examine the impacts of delayed premium payment on insurance uptake and the subsequent investment decisions among smallholder farmers in rural China. Our results show uptake among those with the delayed payment option is 10% higher than and three times as h...

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Detalles Bibliográficos
Autores principales: Liu, Yanyan, Chen, Kevin Z., Hill, Ruth Vargas
Formato: Journal Article
Lenguaje:Inglés
Publicado: Agricultural and Applied Economics Association 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/142327
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author Liu, Yanyan
Chen, Kevin Z.
Hill, Ruth Vargas
author_browse Chen, Kevin Z.
Hill, Ruth Vargas
Liu, Yanyan
author_facet Liu, Yanyan
Chen, Kevin Z.
Hill, Ruth Vargas
author_sort Liu, Yanyan
collection Repository of Agricultural Research Outputs (CGSpace)
description We conduct a randomized controlled trial to examine the impacts of delayed premium payment on insurance uptake and the subsequent investment decisions among smallholder farmers in rural China. Our results show uptake among those with the delayed payment option is 10% higher than and three times as high as among those without the option. We also find a positive impact of delayed premium payment and insurance adoption on household investment in production, especially higher risk activities.
format Journal Article
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institution CGIAR Consortium
language Inglés
publishDate 2020
publishDateRange 2020
publishDateSort 2020
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publisherStr Agricultural and Applied Economics Association
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spelling CGSpace1423272025-12-08T10:11:39Z Delayed premium payment, insurance adoption, and household investment in rural China Liu, Yanyan Chen, Kevin Z. Hill, Ruth Vargas insurance production livestock production investment households randomized controlled trials capacity development smallholders remuneration animal production We conduct a randomized controlled trial to examine the impacts of delayed premium payment on insurance uptake and the subsequent investment decisions among smallholder farmers in rural China. Our results show uptake among those with the delayed payment option is 10% higher than and three times as high as among those without the option. We also find a positive impact of delayed premium payment and insurance adoption on household investment in production, especially higher risk activities. 2020-03-01 2024-05-22T12:10:19Z 2024-05-22T12:10:19Z Journal Article https://hdl.handle.net/10568/142327 en https://hdl.handle.net/10568/153724 https://doi.org/10.1111/jori.12044 Open Access Agricultural and Applied Economics Association Liu, Yanyan; Chen, Kevin Z.; and Hill, Ruth Vargas. 2020. Delayed premium payment, insurance adoption, and household investment in rural China. American Journal of Agricultural Economics 102(4): 1177-1197. https://doi.org/10.1002/ajae.12038
spellingShingle insurance
production
livestock production
investment
households
randomized controlled trials
capacity development
smallholders
remuneration
animal production
Liu, Yanyan
Chen, Kevin Z.
Hill, Ruth Vargas
Delayed premium payment, insurance adoption, and household investment in rural China
title Delayed premium payment, insurance adoption, and household investment in rural China
title_full Delayed premium payment, insurance adoption, and household investment in rural China
title_fullStr Delayed premium payment, insurance adoption, and household investment in rural China
title_full_unstemmed Delayed premium payment, insurance adoption, and household investment in rural China
title_short Delayed premium payment, insurance adoption, and household investment in rural China
title_sort delayed premium payment insurance adoption and household investment in rural china
topic insurance
production
livestock production
investment
households
randomized controlled trials
capacity development
smallholders
remuneration
animal production
url https://hdl.handle.net/10568/142327
work_keys_str_mv AT liuyanyan delayedpremiumpaymentinsuranceadoptionandhouseholdinvestmentinruralchina
AT chenkevinz delayedpremiumpaymentinsuranceadoptionandhouseholdinvestmentinruralchina
AT hillruthvargas delayedpremiumpaymentinsuranceadoptionandhouseholdinvestmentinruralchina