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Weather-index drought insurance in Burkina-Faso: assessment of its potential interest to farmers

Author

Listed:
  • Alexis Berg
  • Philippe Quirion

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Benjamin Sultan

    (LOCEAN - Laboratoire d'Océanographie et du Climat : Expérimentations et Approches Numériques - MNHN - Muséum national d'Histoire naturelle - IRD - Institut de Recherche pour le Développement - UPMC - Université Pierre et Marie Curie - Paris 6 - INSU - CNRS - Institut national des sciences de l'Univers - CNRS - Centre National de la Recherche Scientifique - IPSL (FR_636) - Institut Pierre-Simon-Laplace - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - UVSQ - Université de Versailles Saint-Quentin-en-Yvelines - CEA - Commissariat à l'énergie atomique et aux énergies alternatives - INSU - CNRS - Institut national des sciences de l'Univers - UPD7 - Université Paris Diderot - Paris 7 - X - École polytechnique - CNES - Centre National d'Études Spatiales [Toulouse] - SU - Sorbonne Université - CNRS - Centre National de la Recherche Scientifique)

Abstract

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Suggested Citation

  • Alexis Berg & Philippe Quirion & Benjamin Sultan, 2009. "Weather-index drought insurance in Burkina-Faso: assessment of its potential interest to farmers," Post-Print hal-00520893, HAL.
  • Handle: RePEc:hal:journl:hal-00520893
    DOI: 10.1175/2009WCAS1008.1
    Note: View the original document on HAL open archive server: https://hal.science/hal-00520893
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    References listed on IDEAS

    as
    1. Skees, Jerry*Gober, Stephanie*Varangis, Panos*Le, 2001. "Developing rainfall-based index insurance in Morocco," Policy Research Working Paper Series 2577, The World Bank.
    2. Ingram, K. T. & Roncoli, M. C. & Kirshen, P. H., 2002. "Opportunities and constraints for farmers of west Africa to use seasonal precipitation forecasts with Burkina Faso as a case study," Agricultural Systems, Elsevier, vol. 74(3), pages 331-349, December.
    3. Christian Gollier, 2003. "To Insure or Not to Insure?: An Insurance Puzzle," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 28(1), pages 5-24, June.
    4. Takeshi Sakurai & Thomas Reardon, 1997. "Potential Demand for Drought Insurance in Burkina Faso and Its Determinants," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1193-1207.
    5. Olivier Mahul, 2001. "Optimal Insurance Against Climatic Experience," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 593-604.
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    7. Skees, Jerry & Hazell, P. B. R. & Miranda, Mario, 1999. "New approaches to crop yield insurance in developing countries:," EPTD discussion papers 55, International Food Policy Research Institute (IFPRI).
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    9. Miguel Carriquiry & Daniel E. Osgood, 2008. "Index Insurance, Probabilistic Climate Forecasts, and Production," Center for Agricultural and Rural Development (CARD) Publications 08-wp465, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    10. Elodie Blanc & Philippe Quirion & Eric Strobl, 2008. "The climatic determinants of cotton yields: Evidence from a plot in West Africa," Post-Print hal-00715567, HAL.
    11. Xavier Giné & Robert Townsend & James Vickery, 2007. "Statistical Analysis of Rainfall Insurance Payouts in Southern India," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1248-1254.
    12. de Rouw, Anneke, 2004. "Improving yields and reducing risks in pearl millet farming in the African Sahel," Agricultural Systems, Elsevier, vol. 81(1), pages 73-93, July.
    13. Jerry R. Skees & Jason Hartell & Anne G. Murphy, 2007. "Using Index-Based Risk Transfer Products to Facilitate Micro Lending in Peru and Vietnam," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1255-1261.
    14. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150, December.
    15. Barry J. Barnett & Olivier Mahul, 2007. "Weather Index Insurance for Agriculture and Rural Areas in Lower-Income Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1241-1247.
    16. Olivier Mahul, 2001. "Optimal insurance against climatic experience," Post-Print hal-01952102, HAL.
    17. Vedenov, Dmitry V. & Barnett, Barry J., 2004. "Efficiency of Weather Derivatives as Primary Crop Insurance Instruments," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(3), pages 1-17, December.
    18. Calum G. Turvey, 2001. "Weather Derivatives for Specific Event Risks in Agriculture," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 23(2), pages 333-351.
    19. Sommarat Chantarat & Christopher B. Barrett & Andrew G. Mude & Calum G. Turvey, 2007. "Using Weather Index Insurance to Improve Drought Response for Famine Prevention," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1262-1268.
    20. Rulon D. Pope & Richard E. Just, 1991. "On Testing the Structure of Risk Preferences in Agricultural Supply Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 743-748.
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    Citations

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    Cited by:

    1. Kazianga, Harounan & Wahhaj, Zaki, 2020. "Will urban migrants formally insure their rural relatives? Family networks and rainfall index insurance in Burkina Faso," World Development, Elsevier, vol. 128(C).
    2. Grimm, Michael & Hartwig, Renate & Reitmann, Ann-Kristin & Bocoum, Fadima Yaya, 2021. "Inter-household transfers: An empirical investigation of the income-transfer relationship with novel data from Burkina Faso," World Development, Elsevier, vol. 144(C).
    3. William M. Fonta & Safietou Sanfo & Abbi M. Kedir & Djiby R. Thiam, 2018. "Estimating farmers’ willingness to pay for weather index-based crop insurance uptake in West Africa: Insight from a pilot initiative in Southwestern Burkina Faso," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 6(1), pages 1-20, December.
    4. Fabrice Ochou & Philippe Quirion, 2022. "Impact du changement climatique sur l’agriculture : une quantification du biais de prix dans les approches économétriques," Revue économique, Presses de Sciences-Po, vol. 73(1), pages 43-67.
    5. Stoeffler, Quentin & Wouter, Gelade & Catherine, Guirkinger & Michael, Carter, 2016. "Indirect protection: the impact of cotton insurance on farmers’ income portfolio in Burkina Faso," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235980, Agricultural and Applied Economics Association.
    6. Ricome, Aymeric & Affholder, François & Gérard, Françoise & Muller, Bertrand & Poeydebat, Charlotte & Quirion, Philippe & Sall, Moussa, 2017. "Are subsidies to weather-index insurance the best use of public funds? A bio-economic farm model applied to the Senegalese groundnut basin," Agricultural Systems, Elsevier, vol. 156(C), pages 149-176.
    7. J. N. Okpara & E. A. Afiesimama & A. C. Anuforom & A. Owino & K. O. Ogunjobi, 2017. "The applicability of Standardized Precipitation Index: drought characterization for early warning system and weather index insurance in West Africa," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 89(2), pages 555-583, November.
    8. Müller, Birgit & Quaas, Martin F. & Frank, Karin & Baumgärtner, Stefan, 2011. "Pitfalls and potential of institutional change: Rain-index insurance and the sustainability of rangeland management," Ecological Economics, Elsevier, vol. 70(11), pages 2137-2144, September.
    9. Antoine Leblois & Philippe Quirion, 2013. "Agricultural insurances based on meteorological indices: realizations, methods and research challenges," Post-Print hal-00656778, HAL.

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