G2TT
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
URLhttp://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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