Using stated preferences and beliefs to identify the impact of risk on poor households

Journal of Development Studies

Volumn 45, Issue 2, 2009, Pages 151-171

  Vargas Hill, Ruth ^a  

^a INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EMPIRICAL ANALYSIS; HOUSEHOLD SURVEY; RISK FACTOR; SOCIOECONOMIC CONDITIONS; UNCERTAINTY ANALYSIS;

EID: 58049086315     PISSN: 00220388     EISSN: 17439140     Source Type: Journal    
DOI: 10.1080/00220380802553065     Document Type: Article

References (39)

1. Adato, M., Carter, M. and May, J. (2006) Exploring poverty traps and social exclusion in South Africa using qualitative and quantitative data. Journal of Development Studies, 42:2, pp. 226-247.
2. Antman, F. and McKenzie, D. (2005) Poverty traps and nonlinear income dynamics with measurement error and individual heterogeneity. World Bank Policy Research Working Paper 3764 World Bank, Washington, DC
3. Ashraf, N., Karlan, D. and Yin, W. (2006) Tying Odysseus to the mast: evidence from a commitment savings product in the Philippines. Quarterly Journal of Economics, 121:2, pp. 635-672.
4. Baland, J-M., Gaspart, F., Place, F. and Platteau, J. -P. (2001) The distributive impact of land markets in central Uganda. Department of Economics, University of Namur, Belgium
5. Barrett, C. (1996) On price risk and the inverse farm size-productivity relationship. Journal of Development Economics, 51:2, pp. 193-215.
6. Barrett, C. and Carter, M. (2006) The economics of poverty traps and persistent poverty: An asset-based approach. Journal of Development Studies, 42:2, pp. 178-199.
7. Barrett, C., Marenya, P., McPeak, J., Minten, B., Murithi, F., Oluoch-Kosura, W., Place, F., Randrianarisoa, J., Rasambainarivo, J. and Wangila, J. (2006) Welfare dynamics in rural Kenya and Madagascar. Journal of Development Studies, 42:2, pp. 248-277.
8. Barsky, R., Juster, F., Kimball, M. and Shapiro, M. (1997) Preference parameters and behavioral heterogeneity: An experimental approach in the health and retirement study. Quarterly Journal of Economics, 112:2, pp. 537-579.
9. Bibagambah, J. (1996) Marketing of Smallholder Crops in Uganda, Fountain Publishers, Kampala
10. Binswanger, H. (1980) Attitudes toward risk: Experimental measurement in rural India. American Journal of Agricultural Economics, 62:3, pp. 395-407.
11. Camerer, C. and Hogarth, R. (1999) The effects of financial incentives in experiments: A review and capital-labor-production framework. Journal of Risk and Uncertainty, 19:1, pp. 7-42.
12. Collinson, C., Kleih, U., Burnett, D., Ferris, R., Jagwe, J. and Muganga, A. (2002) Transaction cost analysis.
13. Dasgupta, P. (1997) Nutritional status, the capacity for work, and poverty traps. Journal of Econometrics, 77:1, pp. 5-37.
14. Deaton, A. (1991) Saving and liquidity constraints. Econometrica, 59:5, pp. 1221-1248.
15. Deininger, K. and Mpuga, P. (2002) Land markets in Uganda: Incidence, impact and evolution over time. World Bank Policy Research Working Paper, Washington, DC
16. Dercon, S. (1996) Risk, crop choice and savings: Evidence from Tanzania. Economic Development and Cultural Change, 44:3, pp. 385-514.
17. Dercon, S. (2002) Income risk, coping strategies and safety nets. The World Bank Research Observer, 17:2, pp. 141-166.
18. Dette, H. and Munke, A. (1998) Testing heteroscedasticity in nonparametric regression. Journal of the Royal Statistical Society Series B, 60:4, pp. 751-764.
19. Eswaran, M. and Kotwal, A. (1990) Implications of credit constraints for risk behaviour in less developed economies. Oxford Economic Papers, 42:2, pp. 473-482.
20. Feinerman, E. and Finkelshtain, I. (1996) Introducing socioeconomic characteristics into production analysis under risk. Agricultural Economics, 13:2, pp. 149-161.
21. Finkelshtain, I. and Chalfant, J. (1991) Marketed surplus under risk: Do peasants agree with Sandmo?. American Journal of Agricultural Economics, 73, pp. 557-567.
22. Henstridge, N. (1997) The reconstruction of a macroeconomic dataset for Uganda. Centre for the Study of African Economies Working Paper Series No. 98-3
23. Hill, R. (2008) Understanding the investment and abandonment behavior of poor households.
24. Holt, C. and Laury, S. (2002) Risk aversion and incentive effects. American Economic Review, 92:5, pp. 1644-1745.
25. Jalan, J. and Ravallion, M. (2002) Geographic poverty traps? A micro model of consumption growth in rural China. Journal of Applied Econometrics, 17:4, pp. 329-346.
26. Jalan, J. and Ravallion, M. (2004) Household income dynamics in rural China. Insurance against Poverty, Oxford University Press, Oxford
27. Karlan, D. (2005) Using experimental economics to measure social capital and predict financial decisions. American Economic Review, 95:5, pp. 1688-1699.
28. Knight, J., Weir, S. and Woldehanna, T. (2003) The role of education in facilitating risk-taking and innovation in agriculture. Journal of Development Studies, 39:6, pp. 1-22.
29. Kurosaki, T. and Fafchamps, M. (2002) Insurance market efficiency and crop choices in Pakistan. Journal of Development Economics, 67:2, pp. 419-453.
30. Lund, S. and Fafchamps, M. (2000) Risk-sharing networks in the rural Philippines. Journal of Development Economics, 71:2, pp. 261-287.
31. Magambo, M. (2000) Clonal robusta coffee farming.Uganda National Farmers Association, Farmers Guide Series, Kampala, Uganda
32. Morduch, J. (1991) Risk and welfare in developing countries.
33. Moscardi, E. and de Janvry, A. (1977) Attitudes towards risk among peasants: An econometric approach. American Journal of Agricultural Economics, 59:4, pp. 710-716.
34. Nyarko, Y. and Schotter, A. (2002) An experimental study of belief learning using elicited beliefs. Econometrica, 70:3, pp. 971-1005.
35. Rosenzweig, M. and Binswanger, H. (1993) Wealth, weather risk and the composition and profitability of agricultural investments. Economic Journal, 103:1, pp. 56-78.
36. Sandmo, A. (1971) On the theory of the competitive firm under price uncertainty. American Economic Review, 61:1, pp. 65-73.
37. Trivedi, P. (1992) A case study of cocoa replanting and new planting in Bahia, Brazil, 1966-1985. Journal of Development Economics, 39:2, pp. 279-299.
38. Udry, C. (1995) Risk and sharing in northern Nigeria. American Economic Review, 85:5, pp. 1287-1300.
39. Wik, M. and Holden, S. (1998) Experimental studies of peasants' attitudes toward risk in northern Zambia. Discussion Paper D-14 Department of Economics and Social Sciences, Agricultural University of Norway