[HTML][HTML] Revisiting the diversification and insurance relationship: Differences between on–and off-farm strategies
Crop insurance is an important instrument for farmers to cope with climate risks. Yet, also,
diversification plays a crucial role. The use of crop insurance and diversification is
interrelated. For example, an increasing support and uptake of insurance solutions may
discourage farmers to take diversification measures on the farm, given that they now have
an insurance dealing with risks. This may have unintended consequences, such as
biodiversity decline. We examine the relationships between seven different kinds of income …
diversification plays a crucial role. The use of crop insurance and diversification is
interrelated. For example, an increasing support and uptake of insurance solutions may
discourage farmers to take diversification measures on the farm, given that they now have
an insurance dealing with risks. This may have unintended consequences, such as
biodiversity decline. We examine the relationships between seven different kinds of income …
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