This is a preprint, a preliminary version of a manuscript that has not completed peer review at a journal. Research Square does not conduct peer review prior to posting preprints. The posting of a preprint on this server should not be interpreted as an endorsement of its validity or suitability for dissemination as established information or for guiding clinical practice.
Research Article
vinita kanwal
Punjab Agricultural University
Corresponding Author
ORCiD: https://orcid.org/0000-0002-5200-392X
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This work is licensed under a CC BY 4.0 License. Read Full License
Based on our analysis it can be concluded that the formal risk aversion mechanism has limited scope in the disaster-prone areas of the country. Addressing the assessment and adequacy of compensation amount along with information asymmetry in the formal insurance market should be a top priority for improving the efficacy. The ex-post measures under formal risk coping also have limited impact, indicating the underdevelopment of insurance and commercial credit markets in the region. Ex-ante risk aversion mechanism, particularly climate-resilient technologies may be conducive to the stable increase of farmers’ income and the continuous development of rural economy in the long-run. Therefore, it is of great significance to provide farmers with assistance to address the income risk in better terms.
Keywords
arid India, income risks, risk coping mechanisms, natural disasters
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This is a preprint, a preliminary version of a manuscript that has not completed peer review at a journal. Research Square does not conduct peer review prior to posting preprints. The posting of a preprint on this server should not be interpreted as an endorsement of its validity or suitability for dissemination as established information or for guiding clinical practice.
Research Article
vinita kanwal
Punjab Agricultural University
Corresponding Author
ORCiD: https://orcid.org/0000-0002-5200-392X
Badges
Prescreen
This manuscript passed our Prescreen assessment
Complete author information
Appropriate declaration statements
Potential risks to human health
Prescreen
History
CURRENT STATUS: Posted
Version 1
Posted 10 Feb, 2021
No community comments so far
Metrics
Comments: 0
PDF Downloads: ...
HTML Views: ...
License:
This work is licensed under a CC BY 4.0 License. Read Full License
Based on our analysis it can be concluded that the formal risk aversion mechanism has limited scope in the disaster-prone areas of the country. Addressing the assessment and adequacy of compensation amount along with information asymmetry in the formal insurance market should be a top priority for improving the efficacy. The ex-post measures under formal risk coping also have limited impact, indicating the underdevelopment of insurance and commercial credit markets in the region. Ex-ante risk aversion mechanism, particularly climate-resilient technologies may be conducive to the stable increase of farmers’ income and the continuous development of rural economy in the long-run. Therefore, it is of great significance to provide farmers with assistance to address the income risk in better terms.
Figure 1
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