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Can index based insurance reduce the vulnerability of farmers to weather?

McSharry, Patrick E. and Swartz, Tom and Spray, John (2016) Can index based insurance reduce the vulnerability of farmers to weather? International Growth Centre Blog (27 Oct 2016). Blog.

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Abstract

An IGC study reveals that index insurance has the potential to reduce the vulnerability of farmers to weather. This is dependent on data quality and model accuracy, with the highest predictive capacity involving a combination of satellite datasets. Even so, variation in agricultural production remains a challenge. Furthermore, the insurance needs to be credible and reliable, and accompanied by substantial training, to ensure farmers have adequate knowledge to make informed decisions.

Item Type: Website (Blog)
Official URL: http://www.theigc.org/
Additional Information: © 2016 The Author(s)
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
J Political Science > JF Political institutions (General)
S Agriculture > S Agriculture (General)
Sets: Research centres and groups > International Growth Centre (IGC)
Date Deposited: 19 Jun 2017 15:35
Last Modified: 20 Jun 2017 07:37
URI: http://eprints.lse.ac.uk/id/eprint/81704

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