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| Miyata, Sachiko; Sawada, Yasuyuki. |
| This study examines the factors that influenced poor Indonesian farmers to invest in floating net aquaculture after being relocated due to a reservoir construction project. To compare three primary decision factors, credit accessibility, risk attitudes, and social learning, (i.e., learning effects from others experience), we analyze 16 years of socio-economic retrospective data collected in the field interviews exclusively for this study. Our analysis reveals that credit accessibility and risk attitudes are the most important factors that influence the rate of aquaculture investment. Social learning as well as household education also influences the investment decision significantly. Our results suggest that developmen t projects that involve voluntary... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Household investment decision; Credit constraints; Risk attitudes; Social learning; Panel data; Farm Management; D1; D8; D12; Q22. |
| Ano: 2006 |
URL: http://purl.umn.edu/25669 |
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| Sawada, Yasuyuki; Shoji, Masahiro; Sugawara, Shinya; Shinkai, Naoko. |
| Although it is known that access to physical infrastructure enhances household welfare, there are hardly any micro-econometric studies that analyze the role of infrastructure in mitigating chronic and transient poverty. This paper aims to bridge this gap in the existing literature by evaluating the impact of a large-scale irrigation project implemented in Sri Lanka. We extend the seasonal consumption smoothing model of Paxson (1993) by introducing endogenous credit constraints. We collected unique household-level monthly panel data over a period of two years. According to the point estimates, with irrigation accessibility, per capita food and non-food consumption expenditures increase by around 20% and 45%, respectively, on average, and the probability... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Poverty Reduction; Role of Infrastructure; Monthly Panel Data; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Risk and Uncertainty; O16. |
| Ano: 2009 |
URL: http://purl.umn.edu/51461 |
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| Sawada, Yasuyuki. |
| In this paper, we provide selective evidence on the impact of natural and manmade disasters on household welfare. First, we consider ex ante risk management and ex post risk-coping behaviors separately, showing evidence from the Asian economic crisis, earthquakes, and tsunami disasters. Second, we differentiate idiosyncratic risks which can be diversified away through mutual insurance from non-diversifiable aggregate risks which characterize a disaster. We also discuss the difficulties of designing index-type insurance against natural disasters, which are often rare, unforeseen events. Then, we investigate the role of self-insurance against large-scale disasters under which formal or informal mutual insurance mechanisms are largely ineffective. Credit... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics; Resource /Energy Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/25750 |
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