Using Weather Index Insurance to Improve Drought Response for Famine Prevention

By Sommarat Chantarat, Christopher B. Barrett, Andrew G. Mude, Calum Turvey. 2007

129 citations recorded by the source corpus.

Subfields: Ecology, Evolution, Behavior and Systematics, General Health Professions, Soil Science

View Paper: https://www.semanticscholar.org/paper/ae048a4925694b52fa8680a7872bc476aa81b48f

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In Ecology, Evolution, Behavior and Systematics

In General Health Professions

In Soil Science

Citations in the corpus

Marketing Complex Financial Products in Emerging Markets: Evidence from Rainfall Insurance in India (2011, background): “Hazell and Skees (2006), Manuamorn (2007), and Barrett et al. (2007) provide discussions on the emergence of rainfall insurance in different parts of the world and associated challenges with distributing the policies on a large scale.”
Designing Index Based Livestock Insurance for Managing Asset Risk in Northern Kenya (2013, background): “The rapid response capacity of seasonal insurance contracts of this approach to drought risk management compares favorably with traditional reliance on food aid shipments, which typically involve lags of 5 months or more after the onset of a disaster (Chantarat et al., 2007).”
Drought insurance for agricultural development and food security in dryland areas (2010, background): “By selecting a weather-based index that is an early or lead indicator of an emerging crisis, an insurer can make quick payments to relief agencies and households, avoiding the usual delays incurred when relief agencies must first appeal for donations from governments and donors before they can take ”
Agricultural insurances based on meteorological indices: realizations, methods and research challenges (2013, background): “According to Chetty and Looney (2006), consumption smoothing mechanisms and especially their cost should thus be considered when assessing the welfare gain of any social insurance.”
Coping with Disaster: The Impact of Hurricanes on International Financial Flows, 1970-2002 (2008, background): “…index insurance—an insurance facility that conditions payouts on the occurrence of a quantifiable meteorological or natural event is not subject to one type of moral hazard: the policyholder cannot influence the likelihood of the insured event (Barnett and Mahul 2007, Chantarat et al. 2007).”
How Basis Risk and Spatiotemporal Adverse Selection Influence Demand for Index Insurance: Evidence from Northern Kenya (2014, background): “…addressing various aspects of theoretical and applied concerns related to the design, implementation, and assessment of index insurance products (Barnett & Mahul 2007; Barrett et al. 2007; Binswanger-Mkhize 2012; Chantarat et al. 2007; Clarke 2016; Jensen & Barrett 2017; Miranda & Farrin 2012).”
Poverty Traps and Climate Risk: Limitations and Opportunities of Index-Based Risk Financing (2007, background): “in Lower Income Countries ............................................................................................... 51 This work draws significantly on ideas and text from Barnett et al. (2006) and Chantarat et al. (2007).”