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This paper explores the impact of exposure to uninsured risks on the investment decisions of farmers. We distinguish … weather shocks to ascertain the extent to which the investment strategies of risk-exposed households "pay off" by buffering … the downside risk associated with exposure to flooding. This translates into lower income levels. The investment in these …
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political or bureaucratic power on farmers' agricultural investment decisions. Our main result is that households significantly … increase their investment in land improvement as a result of relatives moving into public office. Connections to office holders … appear to be important for investment because they strengthen de facto land property rights and improve access to off …
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political or bureaucratic power on farmers' agricultural investment decisions. Our main result is that households significantly … increase their investment in land improvement as a result of relatives moving into public office. Connections to office holders … appear to be important for investment because they strengthen de facto land property rights and improve access to off …
Persistent link: https://www.econbiz.de/10013040310
political or bureaucratic power. Our results suggest that households increase their investment in land improvements due to such …
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