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Can Insurance Payouts Prevent a Poverty Trap? Evidence from Randomized Experiments in Northern Kenya
https://doi.org/10.24545/00001684
https://doi.org/10.24545/00001684593ba026-e882-463d-a3dc-71c0457b1823
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP19-07.pdf (998.0 kB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||||
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| 公開日 | 2019-06-19 | |||||||||
| タイトル | ||||||||||
| タイトル | Can Insurance Payouts Prevent a Poverty Trap? Evidence from Randomized Experiments in Northern Kenya | |||||||||
| 言語 | en | |||||||||
| 言語 | ||||||||||
| 言語 | eng | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | index insurance | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | risk management | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | pastoralist | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | poverty trap | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | Kenya | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ | technical report | |||||||||
| ID登録 | ||||||||||
| ID登録 (DOI) | 10.24545/00001684 | |||||||||
| ID登録タイプ | JaLC | |||||||||
| 著者 |
NORITOMO, Yuma
× NORITOMO, Yuma
× TAKAHASHI, Kazushi
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| 著者別名 | ||||||||||
| 識別子Scheme | WEKO | |||||||||
| 識別子 | 8797 | |||||||||
| 姓名 | 則友, 雄磨 | |||||||||
| 言語 | ja | |||||||||
| 著者別名 | ||||||||||
| 識別子Scheme | WEKO | |||||||||
| 識別子 | 8798 | |||||||||
| 姓名 | 髙橋, 和志 | |||||||||
| 言語 | ja | |||||||||
| 著者所属 | ||||||||||
| 値 | Graduate School of Economics, The University of Tokyo | |||||||||
| 著者所属 | ||||||||||
| 値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||||
| 抄録 | ||||||||||
| 内容記述タイプ | Abstract | |||||||||
| 内容記述 | Index-based insurance can have welfare-enhancing effects through two pathways: by mitigating weather-related shocks through payouts and by inducing policyholders to take greater yet more profitable risks. Most studies fail to distinguish between these two. Thus, we know little about which effects dominate and their long-term welfare implications. Using a random distribution of discount coupons and drought events that trigger payouts as exogenous variations, this study aims to identify both the ex ante risk-management and ex post payout effects of index insurance in a pastoral-dominant society of northern Kenya, where the presence of asset-based poverty traps, represented by bifurcated herd-size dynamics, has been established in the literature. We find the following: (1) Both risk-management and payout effects contribute to reducing the probability of distress sales of livestock; (2) payout effects also lead to a reduced slaughter of livestock; (3) while payout effects remain robust in a subsample of poorer households below the poverty trap threshold, risk-management effects do not. Overall, our results suggest that insurance payouts assist people in escaping from poverty traps more effectively than do behavioural changes accompanied by insurance purchases. | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | JEL Classification Codes: O12, I32, G22, Q14 | |||||||||
| 発行年 | ||||||||||
| 値 | 2019-06 | |||||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. DP19-07, 発行日 2019-06-19 |
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| 出版者 | ||||||||||
| 出版者 | GRIPS Policy Research Center | |||||||||
| 言語 | en | |||||||||
| 関連サイト | ||||||||||
| 関連タイプ | isIdenticalTo | |||||||||
| 識別子タイプ | URI | |||||||||
| 関連識別子 | https://ideas.repec.org/p/ngi/dpaper/19-07.html | |||||||||
| 関連名称 | https://ideas.repec.org/p/ngi/dpaper/19-07.html | |||||||||
| 著者版フラグ | ||||||||||
| 出版タイプ | AM | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||||
