Managing Environmental Risk in Presence of Climate Change: The Role of Adaptation in the Nile Basin of Ethiopia

By Salvatore Di Falco, M. Veronesi. 2014

148 citations recorded by the source corpus.

This study investigates the impact of climate change adaptation on farm households’ downside risk exposure in the Nile Basin of Ethiopia. The analysis relies on a moment-based specification of the stochastic production function. We use an empirical strategy that accounts for the heterogeneity in the decision on whether to adapt or not, and for unobservable characteristics of farmers and their farm. We find that past adaptation to climate change (i) reduces current downside risk exposure, and so the risk of crop failure; (ii) would have been more beneficial to the non-adapters if they adapted, in terms of reduction in downside risk exposure; and (iii) is a successful risk management strategy that makes the adapters more resilient to climatic conditions.

Subfields: Ecology, Evolution, Behavior and Systematics, General Agricultural and Biological Sciences, Soil Science

View Paper: https://www.semanticscholar.org/paper/965001cdb4904071ab993f6d9b93ce8e68a1415b

Citations in the corpus

• Production Risks and Food Security under Alternative Technology Choices in Malawi: Application of a Multinomial Endogenous Switching Regression (2015, unknown): “The application of this approach using cross-sectional multiple plot observations is wide (see Kassie et al., 2008; Di Falco et al., 2011; Di Falco and Veronesi, 2014).”