Index-based pasture insurance

Data were collected between May and July 2021. It covered 110 subsistence farmers, a relatively small sample size due to the South African government lockdown regulations due to the global Covid19 pandemic. Data included loss and risk aversion attitude, demographics, perception of drought management by farmers and choice experiment for index-based insurance. After successfully capturing and cleaning the data, R-statistical software was used to analyse data, specifically, the Apollo packages, a tool for choice model estimation and application.

数据采集于2021年5月至7月期间。数据集涵盖110名自给型农民，由于全球新冠疫情（Covid19）期间南非政府实施的封锁法规，样本量相对较小。数据包含损失与风险规避态度、人口统计学特征、农民对干旱管理的认知，以及指数型保险的选择实验。在成功采集并清洗数据后，研究使用R统计软件进行数据分析，具体采用了Apollo包——一款用于选择模型估计与应用的工具。