| ID | 144516 |
| Title Proper | Demand for price insurance among farmers in India |
| Other Title Information | a choice experiment-based approach |
| Language | ENG |
| Author | Singh, Ashish ; Ranganathan, Thiagu ; Gaurav, Sarthak |
| Summary / Abstract (Note) | Using choice experiments, we estimate the willingness to pay for price insurance among cotton and paddy farmers in the Indian state of Gujarat. We also identify the interactions between the demand for price insurance and existing informal and formal risk management mechanisms. Our results indicate that cotton farmers value price insurance more than paddy farmers. Also, most of the existing informal risk management strategies seem to have a positive effect on the demand for price insurance, suggesting potential complementarities. Important policy implications on the design and bundling of innovative financial products follow from our findings. |
| `In' analytical Note | Margin Vol. 10, No.2; May 2016: p.198-224 |
| Journal Source | Margin 2016-06 10, 2 |
| Key Words | India ; Willingness to Pay ; Choice Experiments ; Price Insurance |