کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5094238 1478482 2017 79 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Cash transfers and index insurance: A comparative impact analysis from northern Kenya
ترجمه فارسی عنوان
نقل و انتقال پول و بیمه شاخص: یک تحلیل تاثیر مقایسه ای از شمال کنیا
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Cash transfers and index insurance have become popular interventions by development agencies worldwide, yet surprisingly little is known about these programs' comparative impacts on participant behavior or well-being. This paper exploits exogenous variation in program participation and panel data from Kenya to compare the causal impacts of a cash transfer program (HSNP) and an index-based insurance product (IBLI), which were implemented contemporaneously among the same population. We find that both programs benefit clients. HSNP improves child health, as measured by mid-upper arm circumference (MUAC), and helps households maintain their mobility-dependent livestock production strategies. Households with IBLI coverage make productivity increasing investments, reduce distress sales of livestock during droughts, and see a marked increase in income per adult equivalent. Estimating the impacts per total program costs reveals that the two programs perform comparably on average, while IBLI's impacts per unit marginal cost are considerably larger than HSNP's.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Development Economics - Volume 129, November 2017, Pages 14-28
نویسندگان
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