Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management

Birgit Müller; Martin Quaas; Karin Frank; Stefan Baumgärtner

Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management

Birgit Müller
, Martin Quaas
, Karin Frank
, Stefan Baumgärtner

Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere

Abstract

Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance a_ects the sustainability of rangeland management. We show that a rain-index insurance with frequent payo_s, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, a rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management.

Originalsprache	Englisch
Erscheinungsort	Lüneburg
Verlag	Institut für Volkswirtschaftslehre der Universität Lüneburg
Seitenumfang	22
Publikationsstatus	Erschienen - 2009

Bibliographische Notiz

Literaturverz. S. 17 - 21. - Parallel als Online-Ausg. erschienen unter der Adresse http://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ifvwl/WorkingPapers/wp_149_Upload.pdf : October 2009

Fachgebiete und Schlagwörter

Wirtschaftswissenschaften für Nachhaltigkeit
ecological-economic modeling
weather-index insurance
Namibia
grazing management
risk
sustainability
weather-based derivatives
Volkswirtschaftslehre
ecological-economic modeling
weather-index insurance
Namibia
grazing management
risk
sustainability
weather-based derivatives

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Nachhaltige Nutzung von Ökosystemdienstleistungen unter Unsicherheit. Ökologisch-ökonomische Modellierung und Evaluierung volkswirtschaftlicher Politikoptionen
Baumgärtner, S. (Wissenschaftliche Projektleiter*in), Quaas, M. F. (Wissenschaftliche Projektleiter*in), Olbrich, R. (Projektmitarbeiter*in), Derissen, S. (Projektmitarbeiter*in), Jakoby, O. (Projektmitarbeiter*in) & Groth, M. (Projektmitarbeiter*in)
Bundesministerium für Bildung und Forschung
01.02.07 → 31.07.10
Projekt: Forschung

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abstract = "Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevail in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance a\_ects the sustainability of rangeland management. We show that a rain-index insurance with frequent payo\_s, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, a rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management.",

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Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management. / Müller, Birgit; Quaas, Martin; Frank, Karin et al.
Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2009. (Working paper series in economics; Nr. 149).

Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere

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Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management

Abstract

Bibliographische Notiz

Fachgebiete und Schlagwörter

Zugriff auf Dokument

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Projekte

Nachhaltige Nutzung von Ökosystemdienstleistungen unter Unsicherheit. Ökologisch-ökonomische Modellierung und Evaluierung volkswirtschaftlicher Politikoptionen

Dieses zitieren