EconStor >
Leibniz Universität Hannover >
Wirtschaftswissenschaftliche Fakultät, Universität Hannover >
Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/37117
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorWitt, Rudolfen_US
dc.contributor.authorWaibel, Hermannen_US
dc.date.accessioned2009-07-20en_US
dc.date.accessioned2010-08-03T13:10:40Z-
dc.date.available2010-08-03T13:10:40Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/37117-
dc.description.abstractClimate risk is particularly burdensome to small-scale farmers in developing countries due to heavy dependence on natural resources, limited and erratic rainfall with high inter- and intra-annual variability, and other natural calamities. Numerous studies on climate change suggest that climate variability is expected to increase in the next few decades, and that it is likely to be severe for tropical areas. For the design of better intervention strategies that are capable to stabilize the incomes of the poor and decrease vulnerability, it is mandatory to have a good understanding of the livelihoods of rural populations, and the risks they are facing. This paper presents an approach to measuring climate risk and its impact on livelihood outcomes in fishery-dependent communities in the ya'eres floodplain (Far North Province of Cameroon) by applying portfolio theory and stochastic dominance rules. The focus of the analysis is put on the question, how portfolio decisions of households affect income and risk in different production systems. Assuming possible future scenarios we can derive approximate predictions of the effects of climate change and rural development interventions on income and the 'riskiness' of different activity portfolios. The results suggest that the diversification effect in the study area is limited due to high correlation of income flows from different activities. However, we show that development intervention strategies, which particularly aim at changing the covariation structure of income flows, are most successful in reducing risk, and potentially increasing income.en_US
dc.language.isoengen_US
dc.publisherWirtschaftswiss. Fak., Leibniz Univ. Hannoveren_US
dc.relation.ispartofseriesDiscussion papers // School of Economics and Management of the Hanover Leibniz University 423en_US
dc.subject.jelG11en_US
dc.subject.jelQ12en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.keywordClimate risken_US
dc.subject.keywordagricultural diversificationen_US
dc.subject.keywordportfolio theoryen_US
dc.subject.keywordSub Saharan Africaen_US
dc.subject.stwKlimaveränderungen_US
dc.subject.stwAgrareinkommenen_US
dc.subject.stwRisikoen_US
dc.subject.stwBinnenfischereien_US
dc.subject.stwLandwirtschaftliches Betriebssystemen_US
dc.subject.stwDiversifikationen_US
dc.subject.stwPortfolio-Managementen_US
dc.subject.stwKamerunen_US
dc.subject.stwAfrika südlich der Saharaen_US
dc.titleClimate risk and farming systems in rural Cameroonen_US
dc.typeWorking Paperen_US
dc.identifier.ppn60501938Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover

Files in This Item:
File Description SizeFormat
60501938X.pdf334.66 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.