Abstract Weather index insurance (WII) has been a promising innovation that protects smallholder farmers against drought risks and provides resilience adverse rainfall conditions. However, the uptake of WII hampered by high spatial intraseasonal basis risk. To minimize risk, standard approaches to designing based on seasonal cumulative have shown be ineffective in some cases because they do not...

This paper describes the contract design and institutional features of an innovative rainfall insurance policy offered to smallholder farmers in rural India and presents preliminary evidence on the determinants of insurance participation. Insurance take-up is found to be decreasing in basis risk between insurance payouts and income fluctuations, higher among wealthy households, and lower among ...

rainfall and evapotranspiration are the two most popular climatic factors which have crucial function on agricultural production. rainfall can be directly measured easily in an area but evapotranspiration is estimated from weather data. in this study reference evapotranspiration eto was estimated using penman–monteith equation. monthly rainfall and evapotarnspiration were plotted and compared i...

Why don’t people in developing countries insure themselves? I propose that some households are ambiguity averse, and that these households fear any insurance contract they purchase will payout when it is not needed and will not payout when it is. I study two applications of this observation. I first study formal crop insurance, in particular index insurance and the insurance element of limited ...

r a 200 .061 : +64 4 3 iwa.co.n Summary This study is devoted to simulation of the interannual variability of daily rainfall, such as the mean and variance of seasonal rainfall totals and the correlation between seasonal rainfall totals and a seasonal climate variable (e.g., an index of atmospheric or oceanic circulation). Prior work established that a mixture of chain-dependent processes, invo...

We examine the hypothesis that basins characterized by (1) marked spatial variability in precipitation, and (2) less of a filtering effect of the input rainfall signal will show improved outlet simulations from distributed versus lumped models. Basin outflow response to observed spatial variability of rainfall is examined for several basins in the Distributed Model Intercomparison Project. The ...