Adaptation to climate change in Sub-Saharan agriculture: assessing the evidence and rethinking the drivers
回顾了农业气候变化经济学文献,发现降雨量增加降低农民风险厌恶概率,而降雨变异性则提高该概率,揭示了气候因素的行为维度。
In this paper, after a review of the evolution of the literature on climate change economics in agriculture, I present some evidence of the impact of different moments of the distribution of rainfall on farmers risk aversion. It is found that while more rainfall is negatively associated with the probability of observing risk aversion, rainfall variability is positively correlated. This result highlights an important behavioural dimension of climatic factors.