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Livestock holdings in rural areas of the West African Semi-arid Tropics (WASAT) are often substantial yet there is … consumption ex post via savings in the form of livestock. Based on data covering Burkina Faso's 2004 drought, we find that … livestock sales increase significantly in response to drought with households citing the need to finance food consumption. Some …
Persistent link: https://www.econbiz.de/10010529529
examine the extent to which livestock, grain storage and interhousehold transfers are used to smooth consumption against … income risk. The survey coincided with a period of severe drought, so that the results provide direct evidence on the …
Persistent link: https://www.econbiz.de/10011613056
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We show how to use panel data on household consumption to directly estimate households’ risk preferences. Specifically, we measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model, which we then test allowing for this heterogeneity. There is...
Persistent link: https://www.econbiz.de/10011757115
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manage drought risk: weather index insurance and a recently released drought-tolerant rice variety. We illustrate how these … tools can independently address drought risk and demonstrate the potential for these tools to be combined in a complementary … independently and in a bundled package. Findings indicate that farmers are generally unwilling to pay for drought-tolerant rice …
Persistent link: https://www.econbiz.de/10014136573
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This study examines the impacts of a large-scale government-led microcredit program on informal risk sharing among poor households in rural China based on a randomized controlled trial. The results show that financial inclusion, on average, reduced households’ borrowing from informal financial...
Persistent link: https://www.econbiz.de/10013224741
. -- Tierseuchen ; Risikomanagement ; Externalitäten ; moralisches Risiko … systems in the European Union however provide adverse incentives and result in inefficient livestock production structures and … insufficient loss prevention activities of livestock holders. Guidelines are provided for the institutional arrangement and the …
Persistent link: https://www.econbiz.de/10009390563