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Article: The effect of microinsurance on economic activities: Evidence from a randomized field experiment

TitleThe effect of microinsurance on economic activities: Evidence from a randomized field experiment
Authors
Issue Date2015
Citation
Review of Economics and Statistics, 2015, v. 97, n. 2, p. 287-300 How to Cite?
Abstract© 2015 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.We report results from a large, randomized field to study how access to formal microinsurance affects production and economic development. We induce exogenous variation in insurance coverage at the village level by randomly assigning performance incentives to the village animal husbandry worker who is responsible for signing farmers up for the insurance. We find that promoting greater adoption of insurance significantly increases farmers' sow production, and this effect seems to persist in the longer run; moreover, the increase in sow production in response to the sow insurance does not seem to be the result of the substitution of other livestock.
Persistent Identifierhttp://hdl.handle.net/10722/241904
ISSN
2017 Impact Factor: 3.51
2015 SCImago Journal Rankings: 4.629
ISI Accession Number ID

 

DC FieldValueLanguage
dc.contributor.authorCai, Hongbin-
dc.contributor.authorChen, Yuyu-
dc.contributor.authorFang, Hanming-
dc.contributor.authorZhou, Li An-
dc.date.accessioned2017-06-23T01:56:04Z-
dc.date.available2017-06-23T01:56:04Z-
dc.date.issued2015-
dc.identifier.citationReview of Economics and Statistics, 2015, v. 97, n. 2, p. 287-300-
dc.identifier.issn0034-6535-
dc.identifier.urihttp://hdl.handle.net/10722/241904-
dc.description.abstract© 2015 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.We report results from a large, randomized field to study how access to formal microinsurance affects production and economic development. We induce exogenous variation in insurance coverage at the village level by randomly assigning performance incentives to the village animal husbandry worker who is responsible for signing farmers up for the insurance. We find that promoting greater adoption of insurance significantly increases farmers' sow production, and this effect seems to persist in the longer run; moreover, the increase in sow production in response to the sow insurance does not seem to be the result of the substitution of other livestock.-
dc.languageeng-
dc.relation.ispartofReview of Economics and Statistics-
dc.titleThe effect of microinsurance on economic activities: Evidence from a randomized field experiment-
dc.typeArticle-
dc.description.natureLink_to_subscribed_fulltext-
dc.identifier.doi10.1162/REST_a_00476-
dc.identifier.scopuseid_2-s2.0-84928563566-
dc.identifier.volume97-
dc.identifier.issue2-
dc.identifier.spage287-
dc.identifier.epage300-
dc.identifier.eissn1530-9142-
dc.identifier.isiWOS:000353506600005-

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