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Arid

DOI	10.1108/00214660880001225
	Improving humanitarian response to slow-onset disasters using famine-indexed weather derivatives
	Chantarat, Sommarat; Turvey, Calum G.; Mude, Andrew G.; Barrett, Christopher B.
通讯作者	Chantarat, S
来源期刊	AGRICULTURAL FINANCE REVIEW
ISSN	0002-1466
EISSN	2041-6326
出版年	2008
卷号	68 期号:1 页码:169-+
英文摘要	This paper illustrates how weather derivatives indexed to forecasts of famine can be designed and used by operational agencies and donors to facilitate timely and reliable financing for effective emergency response to climate-based, slow-onset disasters such as drought. We provide a general framework for derivative contracts, especially in the context of index insurance and famine catastrophe bonds, and show how they can be used to complement existing tools and facilities in drought risk financing through a risk layering strategy. We use the case of arid lands of northern Kenya, where rainfall proves a strong predictor of widespread and severe child wasting, to provide a simple empirical illustration of the potential contract designs.
英文关键词	Catastrophe bond Covariate risk Famine relief Food aid Food insecurity Kenya Pastoralists Weather derivatives
类型	Article
语种	英语
收录类别	ESCI
WOS记录号	WOS:000212382200011
WOS类目	Agricultural Economics & Policy
WOS研究方向	Agriculture
资源类型	期刊论文
条目标识符	http://119.78.100.177/qdio/handle/2XILL650/329018
作者单位	[Chantarat, Sommarat] Cornell Univ, Dept Econ, Ithaca, NY 14853 USA; [Turvey, Calum G.] Cornell Univ, Dept Appl Econ & Management, Agr Finance, Ithaca, NY 14853 USA; [Mude, Andrew G.] Int Livestock Res Inst, Nairobi, Kenya; [Barrett, Christopher B.] Cornell Univ, Dept Appl Econ & Management, Ithaca, NY 14853 USA
推荐引用方式 GB/T 7714	Chantarat, Sommarat,Turvey, Calum G.,Mude, Andrew G.,et al. Improving humanitarian response to slow-onset disasters using famine-indexed weather derivatives[J],2008,68(1):169-+.
APA	Chantarat, Sommarat,Turvey, Calum G.,Mude, Andrew G.,&Barrett, Christopher B..(2008).Improving humanitarian response to slow-onset disasters using famine-indexed weather derivatives.AGRICULTURAL FINANCE REVIEW,68(1),169-+.
MLA	Chantarat, Sommarat,et al."Improving humanitarian response to slow-onset disasters using famine-indexed weather derivatives".AGRICULTURAL FINANCE REVIEW 68.1(2008):169-+.