Does agricultural insurance help farmers escape the...

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Artigos Artigos Does agricultural insurance help farmers escape the poverty trap? Research based on multiple equilibrium models - Liao, Pu

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Título: Does agricultural insurance help farmers escape the poverty trap? Research based on multiple equilibrium models / Pu Liao, Xianhua Zhou, Qingquan Fan

Autor: Liao, Pu Icono con lupa

Notas: Sumario: This paper considers a risk poverty trap model in which technology adoption depends on the individual's capital level. Agricultural insurance and premium subsidies are then introduced to analyse poverty alleviation resulting from agricultural insurance. For individuals with capital above a threshold, insurance can be helpful, since it lets them stay above the threshold. Agricultural insurance does not help peasants escape deep poverty, because premiums keep them below the threshold. Moreover, premium subsidies would strengthen the poverty reduction resulting from insurance, as the increased income and the risk elimination would move some peasants above the critical threshold.

Autores secundários: Zhou, Xianhua Icono con lupa
Fan, Qingquan Icono con lupa

Outras classificações: 329

Derechos: In Copyright (InC): http://rightsstatements.org/vocab/InC/1.0/

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