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Delayed Premium Payment, Insurance Adoption, and Household Investment in Rural China.
- Source :
- American Journal of Agricultural Economics; Aug2020, Vol. 102 Issue 4, p1177-1197, 21p, 6 Charts
- Publication Year :
- 2020
-
Abstract
- We conduct a randomized controlled trial to examine the impacts of delayed premium payment on insurance uptake and the subsequent investment decisions among smallholder farmers in rural China. Our results show uptake among those with the delayed payment option is 10% higher than and three times as high as among those without the option. We also find a positive impact of delayed premium payment and insurance adoption on household investment in production, especially higher risk activities. [ABSTRACT FROM AUTHOR]
- Subjects :
- HOUSEHOLDS
INSURANCE premiums
INSURANCE
PAYMENT
RANDOMIZED controlled trials
Subjects
Details
- Language :
- English
- ISSN :
- 00029092
- Volume :
- 102
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- American Journal of Agricultural Economics
- Publication Type :
- Academic Journal
- Accession number :
- 144579196
- Full Text :
- https://doi.org/10.1002/ajae.12038