Climate risk perception and ex-ante mitigation strategies of rural households in Thailand and Vietnam
A major risk factor for rural areas in emerging market economies, such as Thailand and Vietnam, can be attributed to climate change. Adoption of effective ex-ante mitigation strategies is a function of socio-economic household and location characteristics including, among others, the decision makers' perceptions of risk. This study aims to analyze both the determinants of climate-related risk perception and its influence on the choice of ex-ante mitigation strategies. In the context of the DFG research project Impact of Shocks on the Vulnerability to Poverty: Consequences for Development of Emerging Southeast Asian Economies, data were collected in a panel survey among some 4,400 rural households in 2007 and 2008 in six peripheral provinces in Thailand and Vietnam. Methodologically a three-step regression approach is applied. In the first step households' risk perception is explained. The second step is to assess general adoption of risk mitigation actions. In the third step the likelihood of households taking up particular ex-ante risk management strategies is established. Initial results show that rural households are particularly concerned about climate risk. However, the majority of households do not undertake any activity to mitigate risks ex-ante. The experience of climate shocks increases risk perception while other factors are also identified as significant determinants. For those who adopt preventive measures households in Vietnam particularly pre-adjust for storms while Thai households accommodate especially for drought. Findings are expected to be useful for the development of risk management strategies for rural households when differences in risk perception are taken into account.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.ael.ethz.ch/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cesar Calvo & Stefan Dercon, 2007.
"Vulnerability to Poverty,"
CSAE Working Paper Series
2007-03, Centre for the Study of African Economies, University of Oxford.
- Robert M. Townsend, 1995. "Consumption Insurance: An Evaluation of Risk-Bearing Systems in Low-Income Economies," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 83-102, Summer.
- Stefan Dercon, 2000.
"Income risk, coping strategies and safety nets,"
CSAE Working Paper Series
2000-26, Centre for the Study of African Economies, University of Oxford.
- Dercon, Stefan, 2002. "Income Risk, Coping Strategies and Safety Nets," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
- Stefan Dercon, 2000. "Income risk, coping strategies and safety nets," Economics Series Working Papers WPS/2000-26, University of Oxford, Department of Economics.
- Kochar, Anjini, 1995. "Explaining Household Vulnerability to Idiosyncratic Income Shocks," American Economic Review, American Economic Association, vol. 85(2), pages 159-64, May.
- Anderson, Jock R. & Feder, Gershon, 2007. "Agricultural Extension," Handbook of Agricultural Economics, Elsevier.
When requesting a correction, please mention this item's handle: RePEc:zbw:gdec11:79. 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: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.