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The Impact of Credit Constraints and Climatic Factors on Choice of Adaptation Strategies: Evidence from Rural Ethiopia


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Title: The Impact of Credit Constraints and Climatic Factors on Choice of Adaptation Strategies: Evidence from Rural Ethiopia
Authors: Elias, Hailu
Ayele, Mintewab Bezabih
Ferede, Tadele
Issue Date: Aug-2017
Publication type: other
Organization: Environment and Climate Research Center(EfD-Ethiopia)
Series/Report no.: Discussion Paper Series
DP 17-01
Keywords: credit constraint
climatic factors
adaptation strategies
multivariate probit
Abstract: Climate adaptation actions, like any other investment, require financial resources, which are likely to be in short supply in the rural sector in developing countries. This paper assesses the role of credit constraints in the choice of adaptation strategies in settings with severe financial market imperfections. Household-level panel data from selected zones in the highland region of Ethiopia, combined with climate information from the adjacent meteorological stations, is employed in the analysi... more
URI: http://hdl.handle.net/2077/65894
Appears in Collections:EfD Discussion Paper

 

 

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