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Index-Based Livestock Insurance has emerged as a promising market-based solution for insuring livestock against drought-related mortality. The objective of this work is to develop an explicit spatial econometric framework to estimate insurable indexes that can be integrated within a general insur...
Pastoral populations of sub-Saharan Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks. Although conventional insurance mechanisms covering individual losses are not cost effective in low income extensive grazing pastoral communities, index insur...
The Kenyan drylands, which make up about 84% of Kenya's total land surface, support about 8 million Kenyans with animal husbandry as the main source of livelihood. The livestock subsector in these dry areas accounts for over 70% of local family income, as well as 10% of the country's gross domest...
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