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THE EFFECT OF WEATHER INDEX BASED MICRO-INSURANCE ON FOOD SECURITY STATUS OF SMALLHOLDERS

Agricultural and Resource Economics International Scientific E-Journal

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Title THE EFFECT OF WEATHER INDEX BASED MICRO-INSURANCE ON FOOD SECURITY STATUS OF SMALLHOLDERS
THE EFFECT OF WEATHER INDEX BASED MICRO-INSURANCE ON FOOD SECURITY STATUS OF SMALLHOLDERS
 
Creator Isaboke, Hezron
Qiao, Zhang
Nyarindo, Wilckyster
 
Subject weather index insurance; food security; propensity score matching
weather index insurance; food security; propensity score matching
 
Description Research has demonstrated that the use of weather index insurance is one of the most effective ways of cushioning smallholders against the vagaries of nature like excess rains and drought hence improving smallholders’ food insecurity status. We use cross sectional data from 401 farm households inEmbuCounty, easternKenyaand a propensity score matching technique. We model the effects of adoption of weather index based insurance decision on food security of the smallholder farmers. We find that a positive impact on food security is associated with the uptake of index insurance. This suggests that index insurance technology can benefit farmers more through up-scaled use of index based insurance in the context of their socio-economic conditions and institutional arrangements.
Research has demonstrated that the use of weather index insurance is one of the most effective ways of cushioning smallholders against the vagaries of nature like excess rains and drought hence improving smallholders’ food insecurity status. We use cross sectional data from 401 farm households inEmbuCounty, easternKenyaand a propensity score matching technique. We model the effects of adoption of weather index based insurance decision on food security of the smallholder farmers. We find that a positive impact on food security is associated with the uptake of index insurance. This suggests that index insurance technology can benefit farmers more through up-scaled use of index based insurance in the context of their socio-economic conditions and institutional arrangements.
 
Publisher Agricultural and Resource Economics: International Scientific E-Journal
Agricultural and Resource Economics: International Scientific E-Journal
 
Contributor

 
Date 2016-10-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://are-journal.com/are/article/view/40
 
Source Agricultural and Resource Economics: International Scientific E-Journal; Vol 2, No 3 (2016); 5-21
Agricultural and Resource Economics: International Scientific E-Journal; Vol 2, No 3 (2016); 5-21
2414-584X
 
Language eng
 
Relation http://are-journal.com/are/article/view/40/52
 
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