Publication Details |
Category | Text Publication |
Reference Category | Journals |
DOI | 10.1016/j.ecolecon.2011.06.011 |
Document | author version |
Title (Primary) | Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management |
Author | Müller, B.
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Source Titel | Ecological Economics |
Year | 2011 |
Department | OESA |
Volume | 70 |
Issue | 11 |
Page From | 2137 |
Page To | 2144 |
Language | englisch |
Keywords | Ecological–economic modeling; Weather-index insurance; Namibia; Risk; Grazing management; Africa |
Abstract |
Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevails in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain-index insurance with frequent payoffs, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management. |
Persistent UFZ Identifier | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=11314 |
Müller, B., Quaas, M.F., Frank, K., Baumgärtner, S. (2011): Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management Ecol. Econ. 70 (11), 2137 - 2144 10.1016/j.ecolecon.2011.06.011 |