Demand for temperature and rainfall index insurance in India
Demand for temperature and rainfall index insurance in India
复制标题
DOI：
10.1111/agec.12489
复制
发表时间：
2019-05
影响因子：
4.1
通讯作者：
A. Matsuda;T. Kurosaki
中科院分区：
文献类型：
--
作者：
A. Matsuda;T. Kurosaki
天气指数保险一直吸引着学术界和决策者的极大关注。本研究调查了在印度销售的两种指数保险的需求：旱季的温度指数保险和随后的季风季节的降雨指数保险。使用随机补贴实验的数据，我们分开的购买和数量的决定，并研究降雨保险的需求是如何与温度保险的需求在上一个赛季出售。我们发现，价格（溢价）不影响购买决策，但显着影响数量决策。与温度保险相比，后续降雨保险的需求量对价格的敏感性更低。我们还发现，温度保险的购买者往往比非购买者更经常购买降雨保险。然而，一次性补贴不会影响后续需求，这表明没有价格锚定效应。
Weather index insurance has been attracting considerable attention from academics and policymakers. This study investigates the demand for two types of index insurance sold in India: temperature index insurance for dry season and rainfall index insurance for subsequent monsoon season. Using data from randomized subsidy experiments, we separate purchase and quantity decisions and investigate how demand for rainfall insurance is correlated with demand for temperature insurance sold in the previous season. We find that the price (premium) does not influence purchase decisionsper sebut does significantly influence quantity decisions. The quantity demanded is less price‐sensitive for subsequent rainfall insurance than it is for temperature insurance. We also find that purchasers of temperature insurance tend to buy rainfall insurance more often than nonpurchasers do. However, a one‐time subsidy does not influence on subsequent demand, suggesting no price‐anchoring effect.