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Although numerous index insurance pilot programs have been conducted in China, little is known about Chinese farmers’ willingness to pay for index insurance. By using a field survey of small… Click to show full abstract
Although numerous index insurance pilot programs have been conducted in China, little is known about Chinese farmers’ willingness to pay for index insurance. By using a field survey of small farm households in China’s Heilongjiang Province, which suffered a large flood in the summer of 2013, this paper explores farmers’ willingness to pay (WTP) for a hypothetical rainfall index insurance product, with a special interest in whether farmers affected by the flood are willing to pay more than those where not.
Keywords:
index insurance;
experience natural;
willingness pay;
index
Journal Title: International Journal of Disaster Risk Reduction
Year Published: 2019
Link to full text (if available)
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Journal Title: International Journal of Disaster Risk Reduction
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!