Table 1 Estimation results of Model 1 and Model 2 for crop insurance
From: Intensity of crop and livestock insurance adoption: lessons from Mexico
Dependent variable: | ||||||
|---|---|---|---|---|---|---|
ICIA | ||||||
Model 1 | Model 2 | Model 1 | Model 2 | Model 1 | Model 2 | |
Combined | Combined | Index | Index | Indemnity | Indemnity | |
POP | 0.523\(^{***}\) | 0.520\(^{***}\) | 0.424\(^{***}\) | 0.424\(^{***}\) | 0.266\(^{***}\) | 0.266\(^{***}\) |
(0.010) | (0.010) | (0.013) | (0.013) | (0.021) | (0.021) | |
ASIPUP | −0.007\(^{***}\) | −0.007\(^{***}\) | 0.006\(^{**}\) | 0.006\(^{**}\) | −0.039\(^{***}\) | −0.040\(^{***}\) |
(0.003) | (0.003) | (0.003) | (0.003) | (0.012) | (0.012) | |
LSFPO | 0.002\(^{***}\) | −0.0001 | 0.0003 | |||
(0.0003) | (0.0001) | (0.0002) | ||||
PI | 0.400\(^{***}\) | 0.402\(^{***}\) | 0.468\(^{***}\) | 0.468\(^{***}\) | 0.152\(^{**}\) | 0.149\(^{**}\) |
(0.032) | (0.032) | (0.053) | (0.053) | (0.062) | (0.061) | |
CDP | 0.003\(^{***}\) | −0.0001 | 0.0004\(^{*}\) | |||
(0.0003) | (0.0001) | (0.0002) | ||||
NRS | −0.006\(^{***}\) | −0.006\(^{***}\) | −0.001\(^{***}\) | −0.001\(^{***}\) | −0.007\(^{***}\) | −0.007\(^{***}\) |
(0.0002) | (0.0002) | (0.0003) | (0.0003) | (0.001) | (0.001) | |
Fixed effects | State and Year | State and Year | State and Year | State and Year | State and Year | State and Year |
Observations | 172 | 172 | 156 | 156 | 83 | 83 |
AIC | 6889.27 | 6878.93 | 1983.16 | 1983.21 | 1994.78 | 1993.88 |
- Note: Standard errors are in parentheses. \(^{*}\)p<0.1; \(^{**}\)p<0.05; \(^{***}\)p<0.01