Abstract
The study examines the consequences of alternative public responses to drought shocks. It does so by drawing on household data from resettlement areas of rural Zimbabwe from 1992–93 to 1995–96 and the estimation of four behavioral relations: the determinants of crop income; the determinants of investment in livestock; the determinants of investment in agricultural capital stock; and the determinants of private transfers. This information is used to construct a series of simulations in which drought relief received in the aftermath of the 1994–95––the ex-post response––is made available to households in the form of agricultural capital stock and extension advice––an ex-ante action. Doing so is found to raise household welfare in nondrought years, but provides only limited protection in the aftermath of drought.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
