Shocks as a Source of Vulnerability: An Empirical Investigation from Pakistan
AbstractThe objective of this paper is to investigate the i ncidence of different types of shocks and identify the household characte ristics that are associated with this phenomenon. It is observed that one-fourt h of households experience an adverse shock, be it natural, agricultural, econ omic, social or relating to health.. The natural/agricultural shocks have major share in the total burden of shocks while the households’ coping mechanism is ov erwhelmingly informal and largely asset-based. The poorest of the househ olds adopt behaviour-based strategies like reducing food consumption, employ c hild labour, work more hours etc. Overall, large rural households with age d heads and ownership of land and livestock are more likely to suffer shocks, par ticularly of the natural/ agricultural kind. For all these reasons, a gradual shift from traditional emergency relief measures towards ex-ante actions t o reduce and mitigate hazard impacts should be encouraged along with non- exploitative credit and more effective safety nets
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Bibliographic InfoPaper provided by Pakistan Institute of Development Economics in its series Poverty and Social Dynamics Paper Series with number 2012:06.
Length: 22 pages
Date of creation: 2012
Date of revision:
Shocks; Vulnerability; Poverty;
Find related papers by JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
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