IDEAS home Printed from https://ideas.repec.org/a/taf/jdevst/v37y2001i5p1-30.html
   My bibliography  Save this article

Not Necessarily In The Same Boat: Heterogeneous Risk Assessment Among East African Pastoralists

Author

Listed:
  • C. Barrett
  • K. Smith
  • P. Box

Abstract

This paper studies variation in risk assessment by pastoralists in the arid and semi arid lands of southern Ethiopia and northern Kenya. Despite superficial homogeneity among east African pastoralists, we show that there exists considerable within-group heterogeneity in their assessment of various risks. We conceptualise risk as comprising of four distinct components: objective exposure, subjective perception, ex ante mitigation capacity, and ex post coping capacity. This conceptualisation provides an effective framework for understanding the observed heterogeneity as the natural consequence of (sometimes modest) structural differences in economic activity patterns, agroclimatic conditions, proximity to towns, wealth, and gender roles. It therefore provides a useful tool for drawing out the policy implications of subjects' expressed concerns about prospective livelihood hazards.

Suggested Citation

  • C. Barrett & K. Smith & P. Box, 2001. "Not Necessarily In The Same Boat: Heterogeneous Risk Assessment Among East African Pastoralists," Journal of Development Studies, Taylor & Francis Journals, vol. 37(5), pages 1-30.
  • Handle: RePEc:taf:jdevst:v:37:y:2001:i:5:p:1-30 DOI: 10.1080/00220380412331322101
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00220380412331322101
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jeffrey A. Frankel, 1998. "The Regionalization of the World Economy," NBER Books, National Bureau of Economic Research, Inc, number fran98-1, January.
    2. Flood, Robert P. & Rose, Andrew K., 1995. "Fixing exchange rates A virtual quest for fundamentals," Journal of Monetary Economics, Elsevier, vol. 36(1), pages 3-37, August.
    3. Davidson, Paul, 1997. "Are Grains of Sand in the Wheels of International Finance Sufficient to Do the Job When Boulders Are Often Required?," Economic Journal, Royal Economic Society, vol. 107(442), pages 671-686, May.
    4. James Tobin, 1978. "A Proposal for International Monetary Reform," Eastern Economic Journal, Eastern Economic Association, vol. 4(3-4), pages 153-159, Jul/Oct.
    5. repec:hrv:faseco:33077905 is not listed on IDEAS
    6. Jeffrey A. Frankel, 1998. "Introduction to "Regionalization of the World Economy, The"," NBER Chapters,in: The Regionalization of the World Economy, pages 1-6 National Bureau of Economic Research, Inc.
    7. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    8. Sebastian Edwards, 2000. "Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences," NBER Chapters,in: Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies, pages 197-246 National Bureau of Economic Research, Inc.
    9. Montiel, Peter & Reinhart, Carmen M., 1999. "Do capital controls and macroeconomic policies influence the volume and composition of capital flows? Evidence from the 1990s," Journal of International Money and Finance, Elsevier, vol. 18(4), pages 619-635, August.
    10. Ito, Takatoshi, 1990. "Foreign Exchange Rate Expectations: Micro Survey Data," American Economic Review, American Economic Association, vol. 80(3), pages 434-449, June.
    11. Natalia T. Tamirisa, 1999. "Exchange and Capital Controls as Barriers to Trade," IMF Staff Papers, Palgrave Macmillan, vol. 46(1), pages 1-4.
    12. Shleifer, Andrei & Summers, Lawrence H, 1990. "The Noise Trader Approach to Finance," Journal of Economic Perspectives, American Economic Association, vol. 4(2), pages 19-33, Spring.
    13. McKenzie, Michael D, 1999. " The Impact of Exchange Rate Volatility on International Trade Flows," Journal of Economic Surveys, Wiley Blackwell, vol. 13(1), pages 71-106, February.
    14. Willett:, Thomas D., 1986. "Exchange-rate volatility, international trade, and resource allocation: A perspective on recent research," Journal of International Money and Finance, Elsevier, vol. 5(1, Supple), pages 101-112, March.
    15. Wei, Shang-Jin, 1999. "Currency hedging and goods trade," European Economic Review, Elsevier, vol. 43(7), pages 1371-1394, June.
    16. Reinhart, Carmen M & Reinhart, Vincent R, 1999. "On the Use of Reserve Requirements in Dealing with Capital Flow Problems," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 4(1), pages 27-54, January.
    17. Dani Rodrik & Andres Velasco, 1999. "Short-Term Capital Flows," NBER Working Papers 7364, National Bureau of Economic Research, Inc.
    18. Meese, Richard A. & Rogoff, Kenneth, 1983. "Empirical exchange rate models of the seventies : Do they fit out of sample?," Journal of International Economics, Elsevier, vol. 14(1-2), pages 3-24, February.
    19. Frankel, Jeffrey A & Froot, Kenneth A, 1990. "Chartists, Fundamentalists, and Trading in the Foreign Exchange Market," American Economic Review, American Economic Association, vol. 80(2), pages 181-185, May.
    20. Levich, Richard M, 1989. "Is the Foreign Exchange Market Efficient?," Oxford Review of Economic Policy, Oxford University Press, vol. 5(3), pages 40-60, Autumn.
    21. Chinn, Menzie D. & Meese, Richard A., 1995. "Banking on currency forecasts: How predictable is change in money?," Journal of International Economics, Elsevier, vol. 38(1-2), pages 161-178, February.
    22. Cardenas, Mauricio & Barrera, Felipe, 1997. "On the effectiveness of capital controls: The experience of Colombia during the 1990s," Journal of Development Economics, Elsevier, vol. 54(1), pages 27-57, October.
    23. Friberg, Richard & Vredin, Anders, 1996. "Exchange Rate Uncertainty and the Microeconomic Benefits of EMU," SSE/EFI Working Paper Series in Economics and Finance 127, Stockholm School of Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. World Bank, 2005. "Ethiopia : Well-Being and Poverty in Ethiopia, The Role of Agriculture and Agency," World Bank Other Operational Studies 8707, The World Bank.
    2. Tania López-Marrero & Brent Yarnal, 2010. "Putting adaptive capacity into the context of people’s lives: a case study of two flood-prone communities in Puerto Rico," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 52(2), pages 277-297, February.
    3. Barrett, Christopher B. & Luseno, Winnie K., 2001. "Decomposing Producer Price Risk: An Analysis Of Livestock Markets In Northern Kenya," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36154, Western Agricultural Economics Association.
    4. Marcel Fafchamps & Christine Moser, 2003. "Crime, Isolation and Law Enforcement," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 12(4), pages 625-671, December.
    5. Huysentruyt, Marieke & Barrett, Christopher B. & McPeak, John G., 2002. "Social Identity And Manipulative Interhousehold Transfers Among East African Pastoralists," Working Papers 14746, Cornell University, Department of Applied Economics and Management.
    6. Barrett, Christopher B. & Bezuneh, Mesfin & Aboud, Abdillahi, 2001. "Income diversification, poverty traps and policy shocks in Cote d'Ivoire and Kenya," Food Policy, Elsevier, vol. 26(4), pages 367-384, August.
    7. Doss, Cheryl R. & McPeak, John G. & Barrett, Christopher B., 2005. "Perceptions of Risk within Pastoralist Households in Northern Kenya and Southern Ethiopia," 2005 Annual meeting, July 24-27, Providence, RI 19504, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    8. Marcel Fafchamps & Bart Minten, 2004. "Insecurity and welfare," CSAE Working Paper Series 2004-31, Centre for the Study of African Economies, University of Oxford.
    9. Barrett, Christopher B. & Luseno, Winnie K., 2004. "Decomposing producer price risk: a policy analysis tool with an application to northern Kenyan livestock markets," Food Policy, Elsevier, vol. 29(4), pages 393-405, August.
    10. Barrett, Christopher B. & McPeak, John G., 2003. "Poverty Traps and Safety Nets," Working Papers 127808, Cornell University, Department of Applied Economics and Management.
    11. Luc J. Christiaensen & Kalanidhi Subbarao, 2005. "Towards an Understanding of Household Vulnerability in Rural Kenya," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 14(4), pages 520-558, December.
    12. Mandleni, B. & Anim, F.D.K., 2011. "Climate change and adaptation of small-scale cattle and sheep farmers," 85th Annual Conference, April 18-20, 2011, Warwick University, Coventry, UK 108962, Agricultural Economics Society.
    13. Frank Sloan & Alyssa Platt & Lindsey Chepke & Claire Blevins, 2013. "Deterring domestic violence: Do criminal sanctions reduce repeat offenses?," Journal of Risk and Uncertainty, Springer, vol. 46(1), pages 51-80, February.
    14. Luseno, Winnie K. & McPeak, John G. & Barrett, Christopher B. & Little, Peter D. & Gebru, Getachew, 2003. "Assessing the Value of Climate Forecast Information for Pastoralists: Evidence from Southern Ethiopia and Northern Kenya," World Development, Elsevier, vol. 31(9), pages 1477-1494, September.
    15. World Bank, 2005. "Ethiopia : Risk and Vulnerability Assessment," World Bank Other Operational Studies 8693, The World Bank.
    16. Holden, Stein & Shiferaw, Bekele & Pender, John, 2004. "Non-farm income, household welfare, and sustainable land management in a less-favoured area in the Ethiopian highlands," Food Policy, Elsevier, vol. 29(4), pages 369-392, August.
    17. Lybbert, Travis J. & Barrett, Christopher B. & McPeak, John G. & Luseno, Winnie K., 2003. "Bayesian Herders: Asymmetric Updating Of Rainfall Beliefs In Response To External Forecasts," Working Papers 14762, Cornell University, Department of Applied Economics and Management.
    18. Kabubo-Mariara, Jane, 2009. "Global warming and livestock husbandry in Kenya: Impacts and adaptations," Ecological Economics, Elsevier, vol. 68(7), pages 1915-1924, May.
    19. di Gregorio, Monica & McCarthy, Nancy, 2003. "Herd Mobility and Waterpoint Use in Northern Kenya," 2003 Annual meeting, July 27-30, Montreal, Canada 21933, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Lentz, Erin C. & Barrett, Christopher B., 2004. "Food Aid Targeting, Shocks And Private Transfers Among East African Pastoralists," 2004 Annual meeting, August 1-4, Denver, CO 20247, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    21. Doss, Cheryl & McPeak, John & Barrett, Christopher B., 2008. "Interpersonal, Intertemporal and Spatial Variation in Risk Perceptions: Evidence from East Africa," World Development, Elsevier, vol. 36(8), pages 1453-1468, August.
    22. Sudha Narayanan, 2012. "Safe gambles? Farmer perceptions of transactional certainty and risk-return tradeoffs in contract farming schemes in Southern India," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2012-021, Indira Gandhi Institute of Development Research, Mumbai, India.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jdevst:v:37:y:2001:i:5:p:1-30. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/FJDS20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.