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Medientyp:
E-Artikel
Titel:
Can a Weather-Based Crop Insurance Scheme Increase the Technical Efficiency of Smallholders? A Case Study of Groundnut Farmers in India
Beteiligte:
Kumar, K. Nirmal Ravi;
Babu, Suresh Chandra
Erschienen:
MDPI AG, 2021
Erschienen in:
Sustainability, 13 (2021) 16, Seite 9327
Sprache:
Englisch
DOI:
10.3390/su13169327
ISSN:
2071-1050
Entstehung:
Anmerkungen:
Beschreibung:
This paper analyzes the impact of a Weather-Based Crop Insurance Scheme (WBCIS) on the Technical Efficiency (TE) of smallholder groundnut farmers in the context of climate change in India. We use Data Envelopment Analysis (DEA) to study the TE of smallholder farmers, which range between 0.58 and 1, with a mean of 0.79. Using the Propensity Score Matching (PSM) technique, we find that the TE of smallholder farmers improves when they participate in a WBCIS using three matching methods. Increasing the coverage of farmers under a WBCIS can help in reducing smallholder farmers vulnerability to climate change.