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Laptop, livestock drawings and ricewine: A demand analysis for livestock insurance in Northern Vietnam

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  • Fischer, Isabel
  • Buchenrieder, Gertrud

Abstract

Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Economic risks, especially the loss of livestock, are major reasons for slipping into poverty. Normally, insurance systems could step in to assist. In developing countries however, insurance markets are usually underdeveloped. For this study, field research on livestock insurance was carried out. We employed novel interactive computing tools and implemented an Adaptative Conjoint Analysis (ACA). One hundred and fifty five (155) farm households of different ethnic minority groups in Northern Vietnam contributed to the study. The pros and cons of livestock insurance are discussed and policy recommendations are presented to improve the overall situation of vulnerable households in mountainous Northern Vietnam.

Suggested Citation

  • Fischer, Isabel & Buchenrieder, Gertrud, 2009. "Laptop, livestock drawings and ricewine: A demand analysis for livestock insurance in Northern Vietnam," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 33(1), pages 41-60.
    • Handle: RePEc:zbw:espost:282315
    as

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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    livestock insurance; adaptive conjoint analysis (ACA); risk management; Vietnam;
    All these keywords.

    JEL classification:

    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • R22 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Other Demand

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