Weather Index Insurance and Common Property Resources

With weather index insurance expanding and common property resources diminishing in low-income agricultural areas, it is essential to understand the potential effects of such insurance on resources that serve as vital input bases for low-income households. Using simple analytical constructs, we illustrate how index insurance may increase or decrease use of common property resources depending on common implementation characteristics such as binding constraints and multiple sources of income in a multi-temporal decision context. This analysis of how index insurance might assist low-income families without degrading the commons can be informative for insurance administrators and policymakers.


Issue Date:
2014
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/189782
Published in:
Agricultural and Resource Economics Review
Volume: Prepublication Previews
Total Pages:
13




 Record created 2017-04-01, last modified 2017-08-19

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)