IDEAS home Printed from https://ideas.repec.org/p/col/000089/021191.html
   My bibliography  Save this paper

Instrumentos financieros y bienestar de los hogares rurales colombianos ante choques climáticos

Author

Listed:
  • Sáenz Pinzón, María Camila

    (Universidad de los Andes)

Abstract

El cambio climático ha aumentado la vulnerabilidad de los hogares rurales ante su dependencia a las actividades agropecuarias. Este artículo estudia el efecto de los choques de sequía en los hogares y analiza si la tenencia de servicios financieros formales como el crédito, ahorro y seguro se relaciona con menores efectos de estos choques. Los datos utilizados provienen de la Encuesta Longitudinal Colombiana de la Universidad de los Andes (ELCA), que sigue a 3.340 hogares rurales en los años 2010, 2013 y 2016, así como los datos de precipitaciones para más de 1.200 estaciones meteorológicas del Instituto de Hidrología, Meteorología y Estudios Ambientales (IDEAM). Los resultados sugieren que los choques exógenos de sequía repercuten negativamente sobre la proporción de menores escolarizados en hasta 1% y el consumo de alimentos y no alimentos en 1,7% y 3,8%, respectivamente, y se encuentra además que los servicios financieros, aumentan el bienestar de los hogares y suavizan los efectos negativos de las sequías sobre el gasto de alimentos y otros bienes y servicios.

Suggested Citation

  • Sáenz Pinzón, María Camila, 2024. "Instrumentos financieros y bienestar de los hogares rurales colombianos ante choques climáticos," Documentos CEDE 21191, Universidad de los Andes, Facultad de Economía, CEDE.
    • Handle: RePEc:col:000089:021191
    as

    Download full text from publisher

    File URL: https://repositorio.uniandes.edu.co/bitstreams/handle/1992/75119/dcede2024-35.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mata, Dolores de la & Valencia-Amaya, Mauricio G., 2014. "The Health Impacts of Severe Climate Shocks in Colombia," IDB Publications (Working Papers) 6570, Inter-American Development Bank.
    2. Kusunose, Yoko & Lybbert, Travis J., 2014. "Coping with Drought by Adjusting Land Tenancy Contracts: A Model and Evidence from Rural Morocco," World Development, Elsevier, vol. 61(C), pages 114-126.
    3. Suri, Tavneet & Bharadwaj, Prashant & Jack, William, 2021. "Fintech and household resilience to shocks: Evidence from digital loans in Kenya," Journal of Development Economics, Elsevier, vol. 153(C).
    4. Mulungu, Kelvin & Kilimani, Nicholas, 2023. "Does forest access reduce reliance on costly shock-coping strategies? Evidence from Malawi," Ecological Economics, Elsevier, vol. 209(C).
    5. Gregory Casey & Soheil Shayegh & Juan Moreno-Cruz & Martin Bunzl & Oded Galor & Ken Caldeira, 2019. "The Impact of Climate Change on Fertility," Working Papers 2019-2, Brown University, Department of Economics.
    6. Dolores de la Mata & Mauricio G. Valencia-Amaya, 2014. "The Health Impacts of Severe Climate Shocks in Colombia," IDB Publications (Working Papers) 85896, Inter-American Development Bank.
    7. Makate, Clifton & Angelsen, Arild & Holden, Stein Terje & Westengen, Ola Tveitereid, 2022. "Crops in crises: Shocks shape smallholders' diversification in rural Ethiopia," World Development, Elsevier, vol. 159(C).
    8. Aguilar-Gomez, Sandra & Gutierrez, Emilio & Heres, David & Jaume, David & Tobal, Martin, 2024. "Thermal stress and financial distress: Extreme temperatures and firms’ loan defaults in Mexico," Journal of Development Economics, Elsevier, vol. 168(C).
    9. Gregory Casey & Soheil Shayegh & Juan Moreno-Cruz & Martin Bunzl & Oded Galor & Ken Caldeira, 2019. "The Impact of Climate Change on Fertility," Department of Economics Working Papers 2019-04, Department of Economics, Williams College.
    10. Andalón, Mabel & Azevedo, João Pedro & Rodríguez-Castelán, Carlos & Sanfelice, Viviane & Valderrama-González, Daniel, 2016. "Weather Shocks and Health at Birth in Colombia," World Development, Elsevier, vol. 82(C), pages 69-82.
    11. Berg Claudia & Emran M. Shahe, 2020. "Microfinance and Vulnerability to Seasonal Famine in a Rural Economy: Evidence from Monga in Bangladesh," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(3), pages 1-36, July.
    12. De Silva, M.M.G.T. & Kawasaki, Akiyuki, 2018. "Socioeconomic Vulnerability to Disaster Risk: A Case Study of Flood and Drought Impact in a Rural Sri Lankan Community," Ecological Economics, Elsevier, vol. 152(C), pages 131-140.
    13. Brückner, Markus & Gradstein, Mark, 2013. "Exogenous volatility and the size of government in developing countries," Journal of Development Economics, Elsevier, vol. 105(C), pages 254-266.
    14. Jonathan Morduch, 1995. "Income Smoothing and Consumption Smoothing," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 103-114, Summer.
    15. Supreet Kaur, 2019. "Nominal Wage Rigidity in Village Labor Markets," American Economic Review, American Economic Association, vol. 109(10), pages 3585-3616, October.
    16. Rabbani, Atonu & Hasan, Md. Mehadi, 2021. "The role of borrowing in crisis coping among ultra-poor households in rural Bangladesh," Journal of Asian Economics, Elsevier, vol. 73(C).
    17. repec:ags:aaea22:335955 is not listed on IDEAS
    18. Hansen, James & Hellin, Jon & Rosenstock, Todd & Fisher, Eleanor & Cairns, Jill & Stirling, Clare & Lamanna, Christine & van Etten, Jacob & Rose, Alison & Campbell, Bruce, 2019. "Climate risk management and rural poverty reduction," Agricultural Systems, Elsevier, vol. 172(C), pages 28-46.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Emran, M. Shahe & Shilpi, Forhad, 2021. "Microfinance, Moneylenders, and Economic Shocks: An Assessment of the Bangladesh Experience," MPRA Paper 111159, University Library of Munich, Germany.
    2. Fontaine, Idriss & Garabedian, Sabine & Vérèmes, Hélène, 2024. "Tropical cyclones and fertility: New evidence from developing countries," Ecological Economics, Elsevier, vol. 226(C).
    3. Viviane Sanfelice, 2022. "Mosquito‐borne disease and newborn health," Health Economics, John Wiley & Sons, Ltd., vol. 31(1), pages 73-93, January.
    4. Kai Barron & Luis F. Gamboa & Paul Rodríguez-Lesmes, 2019. "Behavioural Response to a Sudden Health Risk: Dengue and Educational Outcomes in Colombia," Journal of Development Studies, Taylor & Francis Journals, vol. 55(4), pages 620-644, April.
    5. Sylvain Dessy & Luca Tiberti & Marco Tiberti & David Zoundi, 2024. "Coping with Drought in Village Economies: The Role of Polygyny," Working Papers - Economics wp2024_13.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    6. Reyer Gerlagh & Veronica Lupi & Marzio Galeotti, 2023. "Fertility and climate change," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 208-252, January.
    7. Christoph Albert & Paula Bustos & Jacopo Ponticelli, 2024. "The effects of climate change on labor and capital reallocation," Economics Working Papers 1887, Department of Economics and Business, Universitat Pompeu Fabra.
    8. Bressler, R. Daniel & Papp, Anna & Sarmiento, Luis & Shrader, Jeffrey G. & Wilson, Andrew J., 2025. "Working Under the Sun: The Role of Occupation in Temperature-Related Mortality in Mexico," IZA Discussion Papers 17759, Institute of Labor Economics (IZA).
    9. Soheil Shayegh & Johannes Emmerling & Massimo Tavoni, 2022. "International Migration Projections across Skill Levels in the Shared Socioeconomic Pathways," Sustainability, MDPI, vol. 14(8), pages 1-33, April.
    10. Haddis Solomon & Yoko Kijima, 2022. "Does Land Certification Mitigate the Negative Impact of Weather Shocks? Evidence from Rural Ethiopia," Sustainability, MDPI, vol. 14(19), pages 1-17, October.
    11. Kai Barron & Luis Fernando Gamboa & Paul Rodriguez-Lesmes, 2015. "Short Term Health Shocks and School Attendance: The Case of a Dengue Fever Outbreak in Colombia," Documentos de Trabajo 12646, Universidad del Rosario.
    12. Song Wang & Dongliang Zhu & Chang Liu & Yaru Li, 2024. "A differential game approach to the low-carbon chains considering the role of shareholding," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(12), pages 31577-31600, December.
    13. Lucas Bretschger & Karen Pittel, 2020. "Twenty Key Challenges in Environmental and Resource Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(4), pages 725-750, December.
    14. Casey, Gregory & Fried, Stephie & Gibson, Matthew, 2024. "Understanding climate damages: Consumption versus investment," European Economic Review, Elsevier, vol. 167(C).
    15. Gilli, Martino & Calcaterra, Matteo & Emmerling, Johannes & Granella, Francesco, 2024. "Climate change impacts on the within-country income distributions," Journal of Environmental Economics and Management, Elsevier, vol. 127(C).
    16. Yessi Rahmawati & Andiga Kusuma Nur Ichsan & Annisaa Rizky Dwi Brintanti & Iqram Ramadhan Jamil, 2023. "Geo-spatial analysis: the impact of agriculture productivity, drought, and irrigation on poverty in East Java, Indonesia," Letters in Spatial and Resource Sciences, Springer, vol. 16(1), pages 1-20, December.
    17. Christoph Albert & Paula Bustos & Jacopo Ponticelli, 2021. "The Effects of Climate Change on Labor and Capital Reallocation," NBER Working Papers 28995, National Bureau of Economic Research, Inc.
    18. Mao, Hui & Sun, Zhenkai & Chai, Anyuan & Fang, Lan & Shi, Chaoqian, 2025. "Extreme Weather, agricultural insurance and farmer's climate adaptation technologies adoption in China," Ecological Economics, Elsevier, vol. 228(C).
    19. Lucas Bretschger & Karen Pittel, 2019. "Twenty Key Questions in Environmental and Resource Economics," CER-ETH Economics working paper series 19/328, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    20. Dessy,Sylvain Eloi & Tiberti,Luca & Tiberti,Marco & Zoundi,David Aime, 2021. "Polygyny and Farm Households' Resilience to Climate Shocks," Policy Research Working Paper Series 9663, The World Bank.

    More about this item

    Keywords

    choque climático; bienestar; consumo de hogares; asistencia escolar; servicios financieros; mecanismos de suavización;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    Statistics

    Access and download statistics

    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:col:000089:021191. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad De Los Andes-Cede (email available below). General contact details of provider: https://edirc.repec.org/data/ceandco.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.