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Strengthening climate resilience requires farmers to select climate adaptation strategies like weather index insurance. Acknowledging that decision-making is not isolated, this study explores simultaneous peer imitation in climate adaptation choices consisting of index insurance, savings, and...
Persistent link: https://www.econbiz.de/10014476751
Agriculture plays an important role for Kazakhstan not only because of rural employment, but also because of the diversity it brings to its oil dependent economy. A considerable increase in grain exports was achieved during the recent years, however, there still is a large room for increasing...
Persistent link: https://www.econbiz.de/10011598763
Frequent climate shocks require farmers in developing countries to increase their resilience. Although index insurance is often discussed as a promising climate adaptation strategy, take-up rates are still low. This study primarily explores the role of peer behavior as peer imitation in the...
Persistent link: https://www.econbiz.de/10014307980
Conspicuous consumption, specialised consumption of high visibility but without apparent economic benefit, is reducing investment in productive assets and thus hindering economic development in low-income countries. In previous research, the phenomenon was commonly explained by status-seeking...
Persistent link: https://www.econbiz.de/10014536123
Index insurance has been introduced as a solution to tackle several challenges that prevail in the agricultural insurance sector of developing countries. One of the main implementation challenges in these countries is the lack of reliable weather data for index development and implementation....
Persistent link: https://www.econbiz.de/10012623513
The increasing availability of open-source and high-quality satellite data has facilitated market developments in the index insurance sector. So far, research and industry spheres have used administrative boundaries of units to estimate regional index values for insurance design. In areas with...
Persistent link: https://www.econbiz.de/10014000360
Commonly, resilience against external shocks is treated as a household or community capacity. Resiliency against food insecurity is of particular importance for rural household under the impression of recent price surges and supply chain disruptions. The aim of this paper is to analyze the...
Persistent link: https://www.econbiz.de/10014321224
Individual perception about climate risks is critical for adopting mitigation and adaptation measures, yet international experience shows that individual perception might fundamentally deviate from objective changes. So far, little attention has been paid in the literature to understanding the...
Persistent link: https://www.econbiz.de/10014335026
Unmanned aircraft vehicles (UAV) are widely used for yield estimations in agricultural production. Many significant improvements have been made towards the usage of hyperspectral and thermal sensors. The practical application of these new techniques meanwhile has been limited by the cost of data...
Persistent link: https://www.econbiz.de/10014452522
Open-access gridded climate products have been suggested as a potential source of data for index insurance design and operation in data-limited regions. However, index insurance requires climate data with long historical records, global geographical coverage and fine spatial resolution at the...
Persistent link: https://www.econbiz.de/10014467751