Weather Index Insurance and Shock Coping : Evidence from Mexico's CADENA Program

Weather risk and incomplete insurance markets are significant contributors to poverty for rural households in developing countries. Weather index insurance has emerged as a possible tool for overcoming these challenges. This paper provides evidence...

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Bibliographic Details
Main Authors:	de Janvry, Alain, Ramirez Ritchie, Elizabeth, Sadoulet, Elisabeth
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	HOUSEHOLD INCOMES RISKS IMPACT OF HURRICANES LANDHOLDINGS GOVERNMENT EXPENDITURES PRODUCTION RISK MANAGEMENT STRATEGIES PUBLIC ECONOMICS INCOME POVERTY INCOME CROPLAND INTEREST RATE OF RETURN AGRICULTURAL PRODUCTION EXCHANGE REMITTANCE INFORMATION PROGRAMS DEVELOPING COUNTRIES POLITICAL ECONOMY WELFARE INSURANCE POLICIES EFFECTS AGRICULTURAL ECONOMICS LOSS RATIO WEATHER INSURANCE RURAL POPULATION INTERNATIONAL BANK HURRICANES ECONOMIC ANALYSIS POVERTY REDUCTION RISK AVERSE INDIVIDUALS CROP INSURANCE RURAL POPULATIONS UNINTENDED CONSEQUENCES PER CAPITA INCOME RURAL HOUSEHOLDS CROWDING OUT COSTS OF INSURANCE INSURANCE MARKETS PREMIUM PAYMENTS TRANSFERS FINANCIAL INSTITUTIONS MARKETS HOUSEHOLD INCOME ORGANIZATIONS INTERNATIONAL DEVELOPMENT RETURN FARMERS RISK SHARING CASH TRANSFERS INSURANCE COVERAGE INSURANCE POLICY LIVESTOCK ASSETS FINANCE COVARIATE SHOCKS INVESTMENT DECISIONS EXPENDITURE TRANSACTIONS CONSUMPTION CREDIT CONSTRAINTS CLIMATE CHANGE POLICIES DROUGHT RUNNING WATER CREDIT CONSTRAINT FUTURE VALUE LOSSES CREDIT DISASTER RISK FINANCING CLIMATE DEMAND MARKET CONSTRAINTS MICROINSURANCE EXPENDITURES AGRICULTURAL LAND SMALLHOLDER FARMERS RURAL MARKET RISK TRANSFER ECONOMICS POLICY PRIVATE TRANSFERS MANAGEMENT INSURANCE COSTS INSURANCE INSURANCE PREMIUMS LOSS CONSUMPTION SMOOTHING THEORY INSURANCE PAYMENTS DURABLE INVESTMENT ECONOMIC IMPACTS RISK INDEMNITY RURAL AREAS POVERTY CREDIT MARKET CONSTRAINTS TRANSACTIONS COSTS RISK TAKING INFORMAL INSURANCE POOR LIVING INVESTMENTS RISK MANAGEMENT HOUSEHOLD EXPENDITURES POOR INDEMNITY PAYMENTS REMITTANCES OUTCOMES BASIS RISK COVERAGE BENEFITS CREDIT MARKET PREMIUMS
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26510002/weather-index-insurance-shock-coping-evidence-mexicos-cadena-program http://hdl.handle.net/10986/24632

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http://documents.worldbank.org/curated/en/2016/06/26510002/weather-index-insurance-shock-coping-evidence-mexicos-cadena-program
http://hdl.handle.net/10986/24632

Weather Index Insurance and Shock Coping : Evidence from Mexico's CADENA Program

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