Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China
Farmers in developing countries face relatively large income risk and have limited access to formal financial products that can help them manage their risk. We present results from a randomized controlled trial in rural China designed to understand whether a small change in the timing of a premium p...
| Autores principales: | , , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2013
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/153724 |
| _version_ | 1855542970774716416 |
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| author | Liu, Yanyan Chen, Kevin Z. Hill, Ruth Vargas Xiao, Chengwei |
| author_browse | Chen, Kevin Z. Hill, Ruth Vargas Liu, Yanyan Xiao, Chengwei |
| author_facet | Liu, Yanyan Chen, Kevin Z. Hill, Ruth Vargas Xiao, Chengwei |
| author_sort | Liu, Yanyan |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Farmers in developing countries face relatively large income risk and have limited access to formal financial products that can help them manage their risk. We present results from a randomized controlled trial in rural China designed to understand whether a small change in the timing of a premium payment for a swine insurance contract helps to overcome an important barrier to insurance demand and, if so, whether the resulting increase in insurance would allow farmers to increase investment in activities that expose them to the risk being insured against. We find that insurance take-up is three times higher among those who were given the option to pay at the end of the insured period. |
| format | Artículo preliminar |
| id | CGSpace153724 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1537242025-11-06T07:25:49Z Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China Liu, Yanyan Chen, Kevin Z. Hill, Ruth Vargas Xiao, Chengwei agricultural insurance liquidity microinsurance insurance liquidity constraint Farmers in developing countries face relatively large income risk and have limited access to formal financial products that can help them manage their risk. We present results from a randomized controlled trial in rural China designed to understand whether a small change in the timing of a premium payment for a swine insurance contract helps to overcome an important barrier to insurance demand and, if so, whether the resulting increase in insurance would allow farmers to increase investment in activities that expose them to the risk being insured against. We find that insurance take-up is three times higher among those who were given the option to pay at the end of the insured period. 2013 2024-10-01T13:57:21Z 2024-10-01T13:57:21Z Working Paper https://hdl.handle.net/10568/153724 en Open Access application/pdf International Food Policy Research Institute Liu, Yanyan; Chen, Kevin Z.; Hill, Ruth Vargas and Xiao, Chengwei. 2013. Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China. IFPRI Discussion Paper 1306. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/153724 |
| spellingShingle | agricultural insurance liquidity microinsurance insurance liquidity constraint Liu, Yanyan Chen, Kevin Z. Hill, Ruth Vargas Xiao, Chengwei Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title | Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title_full | Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title_fullStr | Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title_full_unstemmed | Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title_short | Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China |
| title_sort | borrowing from the insurer an empirical analysis of demand and impact of insurance in china |
| topic | agricultural insurance liquidity microinsurance insurance liquidity constraint |
| url | https://hdl.handle.net/10568/153724 |
| work_keys_str_mv | AT liuyanyan borrowingfromtheinsureranempiricalanalysisofdemandandimpactofinsuranceinchina AT chenkevinz borrowingfromtheinsureranempiricalanalysisofdemandandimpactofinsuranceinchina AT hillruthvargas borrowingfromtheinsureranempiricalanalysisofdemandandimpactofinsuranceinchina AT xiaochengwei borrowingfromtheinsureranempiricalanalysisofdemandandimpactofinsuranceinchina |