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Three Essays on the Economic Sustain...

Dougherty, John P.

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Three Essays on the Economic Sustainability of Drought Insurance and Soil Investment for Smallholder Farmers in the Developing World.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Three Essays on the Economic Sustainability of Drought Insurance and Soil Investment for Smallholder Farmers in the Developing World./
Author:	Dougherty, John P.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	108 p.
Notes:	Source: Dissertations Abstracts International, Volume: 80-08, Section: A.
Contained By:	Dissertations Abstracts International80-08A.
Subject:	Environmental economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=13834468
ISBN:	9780438813793

Three Essays on the Economic Sustainability of Drought Insurance and Soil Investment for Smallholder Farmers in the Developing World.
Dougherty, John P.

Three Essays on the Economic Sustainability of Drought Insurance and Soil Investment for Smallholder Farmers in the Developing World. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 108 p.

Source: Dissertations Abstracts International, Volume: 80-08, Section: A.

Thesis (Ph.D.)--The Ohio State University, 2018.

This item must not be sold to any third party vendors.

Smallholder agriculture in the developing world is subject to numerous risks and trends. This dissertation investigates the economic sustainability of mechanisms used by smallholder farmers to mitigate risk as they adapt to a changing environment. The first two essays focus on index-based drought insurance and its relationship to changing risk caused by climate change and the growth of rural microfinance programs. The third essay focuses on how smaller farm sizes due to rural population growth affect farmer incentives to invest in soil quality. The first essay utilizes a framed field experiment in Tanzania and a structural learning model to study how climate change affects the demand for index insurance programs. I find evidence that demand will likely not keep pace with rising premiums in the absence of subsidies, threatening the economic sustainability of these programs in areas of changing risk. The second essay utilizes an analytic theoretical model to study the interaction between index insurance and microfinance programs. I find that if premiums are sufficiently low, coupling index insurance and microfinance can help mitigate the moral hazard problem inherent in loan contracts. The third essay utilizes a theoretical model and a panel data set from Tanzania to test how decreased farm sizes caused by population growth affect investment in fertilizer and soil quality. I find that smaller farm sizes lead to greater fertilizer use, particularly for organic materials such as compost and manure, and an indeterminate effect on soil quality.

ISBN: 9780438813793Subjects--Topical Terms:

535179
Environmental economics.

Three Essays on the Economic Sustainability of Drought Insurance and Soil Investment for Smallholder Farmers in the Developing World.
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500 $a Source: Dissertations Abstracts International, Volume: 80-08, Section: A.
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502 $a Thesis (Ph.D.)--The Ohio State University, 2018.
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506 $a This item must not be added to any third party search indexes.
520 $a Smallholder agriculture in the developing world is subject to numerous risks and trends. This dissertation investigates the economic sustainability of mechanisms used by smallholder farmers to mitigate risk as they adapt to a changing environment. The first two essays focus on index-based drought insurance and its relationship to changing risk caused by climate change and the growth of rural microfinance programs. The third essay focuses on how smaller farm sizes due to rural population growth affect farmer incentives to invest in soil quality. The first essay utilizes a framed field experiment in Tanzania and a structural learning model to study how climate change affects the demand for index insurance programs. I find evidence that demand will likely not keep pace with rising premiums in the absence of subsidies, threatening the economic sustainability of these programs in areas of changing risk. The second essay utilizes an analytic theoretical model to study the interaction between index insurance and microfinance programs. I find that if premiums are sufficiently low, coupling index insurance and microfinance can help mitigate the moral hazard problem inherent in loan contracts. The third essay utilizes a theoretical model and a panel data set from Tanzania to test how decreased farm sizes caused by population growth affect investment in fertilizer and soil quality. I find that smaller farm sizes lead to greater fertilizer use, particularly for organic materials such as compost and manure, and an indeterminate effect on soil quality.
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