Matches in SemOpenAlex for { <https://semopenalex.org/work/W3016188175> ?p ?o ?g. }
- W3016188175 endingPage "547" @default.
- W3016188175 startingPage "534" @default.
- W3016188175 abstract "The effects of climate change on agricultural production are pushing countries to reconsider risk management policies in their development plans. Opportunities exist to increase agricultural production and improve the policy environment. However, policymakers lack local empirical evidence to provide local solutions to agricultural development in many developing countries, including Togo. This paper assesses farmers’ willingness to pay for weather index-based insurance (WII) as a market option for sharing climatic risks. A choice modeling approach is used based on data collected from 704 randomly selected households in northern Togo, West Africa. Statistical analysis of the data shows that dry spells are the major concern of farmers and maize is perceived as the most affected food crop. Results also indicate that respondents are willing to participate in a WII market and would prefer insuring crops, such as maize over sorghum and rice against drought by paying on average about $14.5 per hectare. The results show that WII should not be offered standalone, but interlinked with other factors such as providing drought tolerant and high yielding varieties; loans to organized farmers’ groups; and weather information through TV, radio and mobile phones in local languages, while encouraging education to enable the diffusion of more advisory services. These factors are likely to influence positively farmers’ preferences in participating in a WII market.Key policy insights Very often, insurance is seen as a magic bullet in agricultural risk management policy discussions.A standalone WII could suffer from low adoption, a problem that calls for other policy options.As a climate change adaptation policy, WII could be bundled with other risk-reducing options for a better uptake and to improve farmers’ welfare.WII can be an effective channel for farm credit facilities and advisory services, as well as other agricultural risk management interventions." @default.
- W3016188175 created "2020-04-17" @default.
- W3016188175 creator A5037674297 @default.
- W3016188175 creator A5046953088 @default.
- W3016188175 creator A5084039650 @default.
- W3016188175 creator A5091500079 @default.
- W3016188175 date "2020-04-07" @default.
- W3016188175 modified "2023-10-13" @default.
- W3016188175 title "Willingness to pay for weather index-based insurance in semi-subsistence agriculture: evidence from northern Togo" @default.
- W3016188175 cites W1503784266 @default.
- W3016188175 cites W1778629073 @default.
- W3016188175 cites W1964684636 @default.
- W3016188175 cites W1967224325 @default.
- W3016188175 cites W1977827751 @default.
- W3016188175 cites W1988448057 @default.
- W3016188175 cites W1990125348 @default.
- W3016188175 cites W2005621605 @default.
- W3016188175 cites W2015719390 @default.
- W3016188175 cites W2016149010 @default.
- W3016188175 cites W2019555089 @default.
- W3016188175 cites W2034264594 @default.
- W3016188175 cites W2057045198 @default.
- W3016188175 cites W2066132435 @default.
- W3016188175 cites W2067911631 @default.
- W3016188175 cites W2078545633 @default.
- W3016188175 cites W2079210974 @default.
- W3016188175 cites W2096301918 @default.
- W3016188175 cites W2102394909 @default.
- W3016188175 cites W2103461797 @default.
- W3016188175 cites W2103601885 @default.
- W3016188175 cites W2108781114 @default.
- W3016188175 cites W2114888515 @default.
- W3016188175 cites W2119572263 @default.
- W3016188175 cites W2124069544 @default.
- W3016188175 cites W2129760625 @default.
- W3016188175 cites W2130193386 @default.
- W3016188175 cites W2133632214 @default.
- W3016188175 cites W2137166340 @default.
- W3016188175 cites W2141140271 @default.
- W3016188175 cites W2144284236 @default.
- W3016188175 cites W2146398007 @default.
- W3016188175 cites W2154231202 @default.
- W3016188175 cites W2158209261 @default.
- W3016188175 cites W2160171989 @default.
- W3016188175 cites W2166238316 @default.
- W3016188175 cites W2170582669 @default.
- W3016188175 cites W2249659659 @default.
- W3016188175 cites W2297248573 @default.
- W3016188175 cites W2345064568 @default.
- W3016188175 cites W2501166983 @default.
- W3016188175 cites W2599654185 @default.
- W3016188175 cites W2701354056 @default.
- W3016188175 cites W2742953941 @default.
- W3016188175 cites W2743231050 @default.
- W3016188175 cites W2748458544 @default.
- W3016188175 cites W2762620094 @default.
- W3016188175 cites W2781957657 @default.
- W3016188175 cites W2793563335 @default.
- W3016188175 cites W2799448295 @default.
- W3016188175 cites W2891522014 @default.
- W3016188175 cites W2893951594 @default.
- W3016188175 cites W2906083858 @default.
- W3016188175 cites W2923445177 @default.
- W3016188175 cites W2929603743 @default.
- W3016188175 cites W2941057485 @default.
- W3016188175 cites W2941839198 @default.
- W3016188175 cites W2944070396 @default.
- W3016188175 cites W2956111763 @default.
- W3016188175 cites W2957393427 @default.
- W3016188175 cites W2962362736 @default.
- W3016188175 cites W2966946456 @default.
- W3016188175 cites W2967420118 @default.
- W3016188175 cites W2978168117 @default.
- W3016188175 cites W3023079428 @default.
- W3016188175 cites W3123117575 @default.
- W3016188175 cites W3124228313 @default.
- W3016188175 cites W3125584107 @default.
- W3016188175 cites W4241914475 @default.
- W3016188175 cites W52160363 @default.
- W3016188175 doi "https://doi.org/10.1080/14693062.2020.1745742" @default.
- W3016188175 hasPublicationYear "2020" @default.
- W3016188175 type Work @default.
- W3016188175 sameAs 3016188175 @default.
- W3016188175 citedByCount "20" @default.
- W3016188175 countsByYear W30161881752020 @default.
- W3016188175 countsByYear W30161881752021 @default.
- W3016188175 countsByYear W30161881752022 @default.
- W3016188175 countsByYear W30161881752023 @default.
- W3016188175 crossrefType "journal-article" @default.
- W3016188175 hasAuthorship W3016188175A5037674297 @default.
- W3016188175 hasAuthorship W3016188175A5046953088 @default.
- W3016188175 hasAuthorship W3016188175A5084039650 @default.
- W3016188175 hasAuthorship W3016188175A5091500079 @default.
- W3016188175 hasConcept C111472728 @default.
- W3016188175 hasConcept C118518473 @default.
- W3016188175 hasConcept C136764020 @default.
- W3016188175 hasConcept C138885662 @default.
- W3016188175 hasConcept C144133560 @default.