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Insurance and rural welfare

Subtitle:
What can panel data tell us?
Abstract:

Assessing the scope for insurance in rural communities usually requires a structural model of household behaviour under risk. One of the few empirical applications of such models is the study by Rosenzweig and Wolpin (1993) who conclude that Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we investigate how models such as theirs can be estimated from panel data on production and assets. We show that if assets can take o...

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Publication status:
Published
Peer review status:
Not peer reviewed
Version:
Author's Original

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Institution:
"VU University, Amsterdam", "Tinbergen Institute"
Role:
Author
More by this author
Institution:
"VU University, Amsterdam", "Tinbergen Institute"
Role:
Author
More by this author
Institution:
"VU University, Amsterdam", "Tinbergen Institute"
Role:
Author
Series:
CSAE working paper series
Publication date:
2007-01-01
URN:
uuid:cb990afe-509f-41b9-bf39-caa7cc85ce25
Local pid:
ora:2595

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