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Does agricultural insurance help farmers escape the poverty trap? Research based on multiple equilibrium models

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000cab a2200000 4500
001  MAP20200005094
003  MAP
005  20200221133407.0
008  200219e20200101che|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎eng‎$d‎MAP
084  ‎$a‎329
1001 ‎$0‎MAPA20200003663‎$a‎Liao, Pu
24510‎$a‎Does agricultural insurance help farmers escape the poverty trap? Research based on multiple equilibrium models‎$c‎Pu Liao, Xianhua Zhou, Qingquan Fan
520  ‎$a‎This paper considers a risk poverty trap model in which technology adoption depends on the individual's capital level. Agricultural insurance and premium subsidies are then introduced to analyse poverty alleviation resulting from agricultural insurance. For individuals with capital above a threshold, insurance can be helpful, since it lets them stay above the threshold. Agricultural insurance does not help peasants escape deep poverty, because premiums keep them below the threshold. Moreover, premium subsidies would strengthen the poverty reduction resulting from insurance, as the increased income and the risk elimination would move some peasants above the critical threshold.
650 4‎$0‎MAPA20080578213‎$a‎Seguros agrarios
650 4‎$0‎MAPA20080544980‎$a‎Pobreza
650 4‎$0‎MAPA20080561215‎$a‎Agricultores
650 4‎$0‎MAPA20080596316‎$a‎Equilibrio económico
650 4‎$0‎MAPA20140005659‎$a‎Subsidios
650 4‎$0‎MAPA20080577001‎$a‎Pago de la prima
650 4‎$0‎MAPA20080584344‎$a‎Control de riesgos
650 4‎$0‎MAPA20080616984‎$a‎Estudios de investigación
651 1‎$0‎MAPA20080644178‎$a‎China
7001 ‎$0‎MAPA20200003670‎$a‎Zhou, Xianhua
7001 ‎$0‎MAPA20200003687‎$a‎Fan, Qingquan
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎01/01/2020 Volumen 45 Número 1 - enero 2020 , p. 203- 223