Climatic events can have disastrous consequences on rural livelihoods, which rely mainly on agriculture and natural resources. The way households and communities respond to climatic shocks depends on their available resources. We formulated that education is a human capital asset that can increase coping abilities in difficult times because education improves access to both social and economic resources. Based on the Thai government surveys of the living conditions and life quality of 68,343 rural villages for the years 2009 and 2011, we investigated the impacts of floods and droughts in 2010 on community welfare, i.e., consumption and income in 2011 at the village level. Using difference-in-difference methods, we analyzed how differential demographic... |