Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam

Buchenrieder, Gertrud; Fischer, Isabel

Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam

dc.contributor.author	Buchenrieder, Gertrud	de
dc.contributor.author	Fischer, Isabel	de
dc.date.accessioned	2024-04-08T08:42:26Z
dc.date.available	2024-04-08T08:42:26Z
dc.date.created	2009-05-15
dc.date.issued	2008
dc.description.abstract	Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Poor rural farm households are vulnerable and their livelihood systems are often so fragile and finely-balanced that a small misfortune can destabilize the households for many years. Economic risks, especially loss of livestock, are one of the major reasons for slipping into poverty. Normally, insurance systems could step in here. In developing countries however, insurance markets are usually underdeveloped. Empirical research reveals that raising livestock and selling it in case of a livelihood emergency is a particularly popular risk management strategy. Based on the results of a computer-based Adaptive Conjoint Analysis (ACA) with 155 responding households of different ethnic minority groups in Son La and Bac Kan provinces of Northern Vietnam, this article examines insurance preferences of rural farm households. In general, smallholders are very interested in livestock insurance. The ?insured animal? is the most important attribute for all respondents and the buffalo is the highest valued animal. However, the critical issue is how to design the insurance package. It is argued that the provision of adapted livestock insurance could help decreasing household vulnerability by a forward looking risk management strategy. Insurance preferences of smallholders are presented and policy recommendations are given to improve the overall situation of vulnerable households in mountainous Northern Vietnam.	en
dc.identifier.swb	306780658
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/5250
dc.identifier.urn	urn:nbn:de:bsz:100-opus-3601
dc.language.iso	eng
dc.relation.ispartofseries	Forschung zur Entwicklungsökonomie und -politik / Research in development economics and policy; 2008,5
dc.rights.license	publ-ohne-pod	en
dc.rights.license	publ-ohne-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subject	Risk management	en
dc.subject	Livestock insurance	en
dc.subject	Adaptive conjoint analysis (ACA)	en
dc.subject	Vietnam	en
dc.subject.ddc	630
dc.subject.gnd	Nordvietnam	de
dc.subject.gnd	Kleinbauer	de
dc.subject.gnd	Tierproduktion	de
dc.subject.gnd	Risikomanagement	de
dc.subject.gnd	Landwirtschaftliche Versicherung	de
dc.subject.gnd	Conjoint Measurement	de
dc.title	Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.export.bibtex	@techreport{Buchenrieder2008, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/5250}, author = {Buchenrieder, Gertrud and Fischer, Isabel}, title = {Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam}, year = {2008}, school = {Universität Hohenheim}, series = {Forschung zur Entwicklungsökonomie und -politik / Research in development economics and policy}, }
local.export.bibtexAuthor	Buchenrieder, Gertrud and Fischer, Isabel
local.export.bibtexKey	Buchenrieder2008
local.export.bibtexType	@techreport
local.faculty.number	2	de
local.institute.number	490	de
local.opus.number	360
local.series.issueNumber	2008,5
local.series.title	Forschung zur Entwicklungsökonomie und -politik / Research in development economics and policy
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Agricultural Sciences	en
local.university.faculty	Fakultät Agrarwissenschaften	de
local.university.institute	Institute for Agricultural Economics and Social Sciences in the Tropics and Subtropics	en
local.university.institute	Institut für Agrar- und Sozialökonomie in den Tropen und Subtropen	de

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Institut für Tropische Agrarwissenschaften (Hans-Ruthenberg-Institut)
Forschung zur Entwicklungsökonomie und -politik / Research in development economics and policy