Consumption Smoothing Across Space: Testing Theories of Risk-Sharing in the ICRISAT Study Region of South India

Jonathan Morduch

doi:10.1093/0199276838.003.0003

Consumption Smoothing Across Space: Testing Theories of Risk-Sharing in the ICRISAT Study Region of South India

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

The risk-sharing and insurance strategies used by rural households to smooth consumption are investigated, using data from the ICRISAT (International Crops Research Institute for the Semi-Arid Tropics) Village Level Studies. Self-insurance is the most important risk coping mechanism. Limits in self-insurance and high costs of risk-coping strategies suggest opportunities for institutions that can help households save, work, and accumulate buffer stock to cope with risk.

Original language	English (US)
Title of host publication	Insurance Against Poverty
Publisher	Oxford University Press
ISBN (Print)	9780199276837
DOIs	https://doi.org/10.1093/0199276838.003.0003
State	Published - Jan 1 2005

Keywords

Consumption
ICRISAT
India
Risk-sharing
Rural households
Self-insurance

ASJC Scopus subject areas

Economics, Econometrics and Finance(all)

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10.1093/0199276838.003.0003

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Consumption Smoothing Across Space: Testing Theories of Risk-Sharing in the ICRISAT Study Region of South India

Abstract

Keywords

ASJC Scopus subject areas

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