Showing 1 - 10 of 125
This paper estimates the effect of individual responsibility on economic development using an instrument derived from rainfall data. I argue that a taste for collective responsibility was adaptive in preindustrial societies that were exposed to high levels of agricultural risk, and that these...
Persistent link: https://www.econbiz.de/10014186739
Rice is a very important agricultural produce in India which is greatly dependent on rainfall. Grown during different times of the year at different regions of the country, the crop heavily relies on the availability of water during different phases of its growth. This study delves into the...
Persistent link: https://www.econbiz.de/10014120216
This paper estimates the effect of individual responsibility on economic development using an instrument derived from rainfall data. I argue that a taste for collective responsibility was adaptive in preindustrial societies that were exposed to high levels of agricultural risk, and that these...
Persistent link: https://www.econbiz.de/10014126372
Although weather shocks are a major source of income fluctuation, most of the world's poor lack insurance coverage against them. Absence of formal insurance contributes to poverty traps, as investment decisions are conflicted with risk management ones: risk-averse farmers tend to underinvest and...
Persistent link: https://www.econbiz.de/10012970010
This paper analyzes the dynamic nature of rainfall insurance purchasing decisions, specifically looking at whether and why receiving an insurance payout induces a greater chance of purchasing insurance again the next year. This analysis uses customer data from the Indian micro-finance...
Persistent link: https://www.econbiz.de/10012972737
This paper tests for downward nominal wage rigidity by examining transitory shifts in labor demand, generated by rainfall shocks, in 600 Indian districts from 1956-2009. Nominal wages rise in response to positive shocks but do not fall during droughts. In addition, transitory positive shocks...
Persistent link: https://www.econbiz.de/10013039760
This paper investigates the extent to which exposure to climate volatility can influence individual migration decisions in Vietnam. Utilizing the exogenous variation in the rainfall deviation from the local norms within an individual fixed-effects framework, we uncover the negative association...
Persistent link: https://www.econbiz.de/10013234873
We estimate the impact of weather variation on agricultural output in Indonesia by examining the impact of local rainfall shocks on rice output at the district level. Our analysis makes use of local meteorological data on rainfall in combination with government administrative data on...
Persistent link: https://www.econbiz.de/10013050300
We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can...
Persistent link: https://www.econbiz.de/10013060692
The precision of rainfall forecast remains a crucial subject of study for the meteorological service. Accurate rainfall forecasting may aid in predicting heavy rains and catastrophe prevention. For the public and the government to be adequately prepared for any catastrophe, an effective...
Persistent link: https://www.econbiz.de/10014361169