This paper examines how a changing climate may affect rice production and how Vietnamese farmers are likely to adapt to various climatic conditions using an innovative yield function approach, taking into account sample selection bias and endogeneity of inputs. Model results suggest that...

Individuals’ aspirations and their consequences for future-oriented behavior have received increased attention in devel-opment economics literature in recent years. At this stage, however, each study relies on ad hoc empirical instruments to measure aspirations, thereby limiting...