期刊
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS
卷 41, 期 3, 页码 405-430出版社
OXFORD UNIV PRESS
DOI: 10.1093/erae/jbu014
关键词
climate change; adaptation; risk; Ethiopia
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.
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