The Effect of Microinsurance on Economic Activities: Evidence from a Randomized Field Experiment

By Hongbin Cai, Yuyu Chen, Hanming Fang, Li-an Zhou. Review of Economics and Statistics, 2015

125 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Safety Research, Soil Science

View Paper: https://www.semanticscholar.org/paper/1d01510ba4227783331b8138dd0c0d83fddf5952

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Safety Research

In Soil Science

Citations in the corpus

Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa (2020, unknown): “Higher risk, higher return investments have greater potential to grow future income and wealth (Cai, Chen, Fang, & Zhou, 2015; Cole, Giné, & Vickery, 2017; Karlan, Osei, Osei-Akoto, & Udry, 2014).”
Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence (2017, background): “There is also evidence from field experiments in China that promotion of sow insurance increases investment in sows (Cai et al., 2015) and weather insurance against yield losses increases tobacco production (Cai, 2016).”
Agricultural Index Insurance for Development (2017, unknown): “…2016a), increase investments in production, and, in some cases, make riskier production choices, which are all consistent with the mechanisms described by economic theory (Mobarak and Rosenzweig 2013; Elabed and Carter 2014; Karlan et al. 2014; Cai et al. 2015; Jensen, Barrett, and Mude 2016a).”
After the Drought: The Impact of Microinsurance on Consumption Smoothing and Asset Protection (2013, background): “Cai et al. (2015a) find that insurance for sows significantly increases farmers’ tendency to raise sows in southwestern China, where sow production is considered a risky production activity with potentially large returns.”
Barriers to Household Risk Management: Evidence from India (2010, unknown): “microinsurance (Cai et al., 2010) and financial products more generally (Doherty and Schlesinger, 1990; Guiso, Sapienza and Zingales, 2008), these results provide, to our knowledge, the first causal experimental evidence that trust matters.”