Patterns of Rainfall Insurance Participation in Rural India

Take-up of an innovative rainfall insurance policy offered to smallholder farmers in rural India decreases with basis risk between insurance payouts and income fluctuations, increases with household wealth, and decreases with binding credit constraints. These results are consistent with the predicti...

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Bibliographic Details
Main Authors: Giné, Xavier, Townsend, Robert, Vickery, James
Format: Journal Article
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4491