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Is there a commercially viable market for crop insurance in rural Bangladesh?

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  • Sonia Akter
  • Roy Brouwer
  • Saria Choudhury
  • Salina Aziz

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  • Sonia Akter & Roy Brouwer & Saria Choudhury & Salina Aziz, 2009. "Is there a commercially viable market for crop insurance in rural Bangladesh?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 14(3), pages 215-229, March.
  • Handle: RePEc:spr:masfgc:v:14:y:2009:i:3:p:215-229
    DOI: 10.1007/s11027-008-9161-6
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    References listed on IDEAS

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    1. Alberini Anna, 1995. "Efficiency vs Bias of Willingness-to-Pay Estimates: Bivariate and Interval-Data Models," Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 169-180, September.
    2. Akter, Sonia & Brouwer, Roy & Chowdhury, Saria & Aziz, Salina, 2008. "Determinants of Participation in a Catastrophe Insurance Programme: Empirical Evidence from a Developing Country," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 5984, Australian Agricultural and Resource Economics Society.
    3. Monte L. Vandeveer & Edna T. Loehman, 1994. "Farmer Response to Modified Crop Insurance: A Case Study of Corn in Indiana," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(1), pages 128-140.
    4. Fraser, Rob W., 1992. "An Analysis Of Willingness-To-Pay For Crop Insurance," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(1), pages 1-13, April.
    5. Michael Hanemann & John Loomis & Barbara Kanninen, 1991. "Statistical Efficiency of Double-Bounded Dichotomous Choice Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(4), pages 1255-1263.
    6. Nancy McCarthy, 2003. "Demand for rainfall-index based insurance: a case study from Morocco," EPTD discussion papers 106, International Food Policy Research Institute (IFPRI).
    7. Brouwer, Roy & Akter, Sonia & Brander, Luke & Haque, Enamul, 2009. "Economic valuation of flood risk exposure and reduction in a severely flood prone developing country," Environment and Development Economics, Cambridge University Press, vol. 14(3), pages 397-417, June.
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    Cited by:

    1. Md. Monirul Islam & Shusuke Matsushita & Ryozo Noguchi & Tofael Ahamed, 2022. "A damage-based crop insurance system for flash flooding: a satellite remote sensing and econometric approach," Asia-Pacific Journal of Regional Science, Springer, vol. 6(1), pages 47-89, February.
    2. Yingmei Tang & Huifang Cai & Rongmao Liu, 2022. "Will marketing strategies affect farmers’ preferences and willingness to pay for catastrophe insurance? Evidence from a choice experiment in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(1), pages 1376-1389, January.
    3. Rafia Afroz & Rulia Akhtar & Puteri Farhana, 2017. "Willingness to Pay for Crop Insurance to Adapt Flood Risk by Malaysian Farmers: An Empirical Investigation of Kedah," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 1-9.
    4. Fabio Gaetano Santeramo, 2018. "Imperfect information and participation in insurance markets: evidence from Italy," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 78(2), pages 183-194, February.
    5. Fahad, Shah & Jing, Wang, 2018. "Evaluation of Pakistani farmers’ willingness to pay for crop insurance using contingent valuation method: The case of Khyber Pakhtunkhwa province," Land Use Policy, Elsevier, vol. 72(C), pages 570-577.
    6. Apurba Shee & Calum G. Turvey & Ana Marr, 2021. "Heterogeneous Demand and Supply for an Insurance‐linked Credit Product in Kenya: A Stated Choice Experiment Approach," Journal of Agricultural Economics, Wiley Blackwell, vol. 72(1), pages 244-267, February.
    7. Victor Champonnois & Olivier Chanel, 2016. "How useful are (Censored) Quantile Regressions for Contingent Valuation?," Working Papers 2016.12, FAERE - French Association of Environmental and Resource Economists.
    8. Aheeyar, Mohamed & de Silva, Sanjiv & Senaratna Sellamuttu, Sonali & Arulingam, Indika, 2019. "Unpacking barriers to socially inclusive weather index insurance: towards a framework for inclusion," Papers published in Journals (Open Access), International Water Management Institute, pages 11(11):1-19.
    9. Botzen, W.J.W. & van den Bergh, J.C.J.M., 2012. "Risk attitudes to low-probability climate change risks: WTP for flood insurance," Journal of Economic Behavior & Organization, Elsevier, vol. 82(1), pages 151-166.
    10. Md Monjurul Islam & Tofael Ahamed & Ryozo Noguchi, 2018. "Land Suitability and Insurance Premiums: A GIS-based Multicriteria Analysis Approach for Sustainable Rice Production," Sustainability, MDPI, vol. 10(6), pages 1-28, May.
    11. Jeffrey D. Michler & Frederi G. Viens & Gerald E. Shively, 2021. "Risk, Agricultural Production, and Weather Index Insurance in Village India," Papers 2103.11047, arXiv.org.
    12. Michler, Jeffrey D. & Viens, Frederi G. & Shively, Gerald E., 2015. "Risk, Agricultural Production, and Weather Index Insurance in Village South Asia," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205297, Agricultural and Applied Economics Association.
    13. Mahmood Hamid Umar & Jerome Nyameh, 2014. "Examination of Flood Disaster and Government Attitudes Taraba State Experience," Studies in Social Sciences and Humanities, Research Academy of Social Sciences, vol. 1(1), pages 56-59.
    14. Fahad, Shah & Wang, Jing & Hu, Guangyin & Wang, Hui & Yang, Xiaoying & Shah, Ashfaq Ahmad & Huong, Nguyen Thi Lan & Bilal, Arshad, 2018. "Empirical analysis of factors influencing farmers crop insurance decisions in Pakistan: Evidence from Khyber Pakhtunkhwa province," Land Use Policy, Elsevier, vol. 75(C), pages 459-467.
    15. Azhar Abbas & T. Amjath-Babu & Harald Kächele & Klaus Müller, 2015. "Non-structural flood risk mitigation under developing country conditions: an analysis on the determinants of willingness to pay for flood insurance in rural Pakistan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 75(3), pages 2119-2135, February.
    16. Abdullah Al-Maruf & Sumyia Akter Mira & Tasnim Nazira Rida & Md Saifur Rahman & Pradip Kumar Sarker & J. Craig Jenkins, 2021. "Piloting a Weather-Index-Based Crop Insurance System in Bangladesh: Understanding the Challenges of Financial Instruments for Tackling Climate Risks," Sustainability, MDPI, vol. 13(15), pages 1-18, August.
    17. Roy Brouwer & Marije Schaafsma, 2013. "Modelling risk adaptation and mitigation behaviour under different climate change scenarios," Climatic Change, Springer, vol. 117(1), pages 11-29, March.

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