Adaptation to Natural Disasters through the Agricultural Land Rental Market: Evidence from Bangladesh
研究了自然灾害如何影响农户通过土地租赁调整经营规模,发现租赁市场能帮助农民部分减轻灾害损失,对灾后政策制定有参考价值。
We examine the effects of natural disasters on agricultural households that make rent-in or rent-out transactions. Our econometric approach accounts for the effects of disaster exposure on the adjustments in the quantity of operated land and agricultural income conditional on the land quantity adjustments. Using a household survey data set from Bangladesh, we find that farmers were able to partially ameliorate their losses from exposure to disasters by optimizing their operational farm size through these land rental transactions. Land rental market may be an effective instrument in reducing disaster risks, and postdisaster policies should consider this role more systematically.