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来源类型 | Working Paper |
规范类型 | 论文 |
The Impact of Credit Constraints and Climatic Factors on Choice of Adaptation Strategies: Evidence from Rural Ethiopia | |
Hailu Elias; Mintewab Bezabih Ayele; Tadele Ferede | |
发表日期 | 2017-08-18 |
出版年 | 2017 |
页码 | EfD DP-17-01 |
语种 | 英语 |
摘要 | Climate adaptation actions, like any other investment, require financial resources, which are likely to be in short supply in the rural sector in developing countries. This paper assesses the role of credit constraints in the choice of adaptation strategies in settings with severe financial market imperfections. Household-level panel data from selected zones in the highland region of Ethiopia, combined with climate information from the adjacent meteorological stations, is employed in the analysis. We quantify the linkage between different forms of credit constraints and choice of climate adaptation strategies, using a multivariate probit regression model. Credit constrained households are significantly less likely to adopt crop diversification and off-farm employment strategies. While credit access encourages irrigation, soil conservation and tree planting are the least responsive to credit access. These results indicate that the severity of credit constraints depends on both the nature of the credit constraint and the type of adaptation investment. |
主题 | Climate Change ; Development and Environment ; International |
子主题 | Agriculture ; Climate Adaptation |
URL | http://www.rff.org/research/publications/impact-credit-constraints-and-climatic-factors-choice-adaptation-strategies |
来源智库 | Resources for the Future (United States) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/41512 |
推荐引用方式 GB/T 7714 | Hailu Elias,Mintewab Bezabih Ayele,Tadele Ferede. The Impact of Credit Constraints and Climatic Factors on Choice of Adaptation Strategies: Evidence from Rural Ethiopia. 2017. |
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