Income diversification and income inequality: household responses to the 2013 floods in Pakistan
In this paper we investigate the economic response of rural households to the 2013 floods in Pakistan. The case study illustrates the important roles of labor supply adjustments and income diversification in coping with climate-related risks. Using detailed household panel data that were collected b...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
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MDPI
2022
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| _version_ | 1797108861399728128 |
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| author | Eskander, SMSU Fankhauser, S |
| author_facet | Eskander, SMSU Fankhauser, S |
| author_sort | Eskander, SMSU |
| collection | OXFORD |
| description | In this paper we investigate the economic response of rural households to the 2013 floods in Pakistan. The case study illustrates the important roles of labor supply adjustments and income diversification in coping with climate-related risks. Using detailed household panel data that were collected before and after the 2013 floods, we find that the exposure to flood results in lower participation in farm activities. The overall effects are decreased diversification in the sources of income and ambiguous reduction in inequality which is associated with overall declines in incomes. These changes could be locked in if affected households do not have sufficient assets to resume farming. The results suggest intervention points for public policy, related to labor mobility and access to capital. |
| first_indexed | 2024-03-07T07:34:00Z |
| format | Journal article |
| id | oxford-uuid:ce34097b-a8fa-45ff-8f28-0aef582b0f08 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T07:34:00Z |
| publishDate | 2022 |
| publisher | MDPI |
| record_format | dspace |
| spelling | oxford-uuid:ce34097b-a8fa-45ff-8f28-0aef582b0f082023-02-16T14:00:44ZIncome diversification and income inequality: household responses to the 2013 floods in PakistanJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:ce34097b-a8fa-45ff-8f28-0aef582b0f08EnglishSymplectic ElementsMDPI2022Eskander, SMSUFankhauser, SIn this paper we investigate the economic response of rural households to the 2013 floods in Pakistan. The case study illustrates the important roles of labor supply adjustments and income diversification in coping with climate-related risks. Using detailed household panel data that were collected before and after the 2013 floods, we find that the exposure to flood results in lower participation in farm activities. The overall effects are decreased diversification in the sources of income and ambiguous reduction in inequality which is associated with overall declines in incomes. These changes could be locked in if affected households do not have sufficient assets to resume farming. The results suggest intervention points for public policy, related to labor mobility and access to capital. |
| spellingShingle | Eskander, SMSU Fankhauser, S Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title | Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title_full | Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title_fullStr | Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title_full_unstemmed | Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title_short | Income diversification and income inequality: household responses to the 2013 floods in Pakistan |
| title_sort | income diversification and income inequality household responses to the 2013 floods in pakistan |
| work_keys_str_mv | AT eskandersmsu incomediversificationandincomeinequalityhouseholdresponsestothe2013floodsinpakistan AT fankhausers incomediversificationandincomeinequalityhouseholdresponsestothe2013floodsinpakistan |