Climate adaptation actions, like any other investment, require financial resources, which are likely to be in short supply in the rural sector in developing countries. This paper assesses the role of…

Highlights of the Chapter: Payments for ecosystem services (PES) schemes can improve resilience to climate change The design of a PES scheme should consider equity criteria for users and providers…

We analyzed a county-level data set of rice yield and daily weather outcomes in China to examine the effects of high temperatures and extreme temperature events on rice yield. We found that (i) rice…

This paper analyzes empirically the determinants of fuel choices and intensity of fuelwood use for residential heating and cooking in central-southern Chile. By using information from a sample of 2…

The changing weather patterns and seasonal shifts are negatively impacting agricultural ecosystems and compromising the benefits from production of agricultural goods and services. Such impacts…

Using a three-period overlapping generations economy framework, we characterize an intergenerational welfare state with endogenous education and pension under voting. We show that although politically…

To cope with losses from extreme hydro-meteorological events, governments typically implement disaster relief programs and offer debt relief to affected parties. Governments in developing countries…

Empirical studies point to reduced tillage as a means to increase yields and reverse land degradation. A relatively neglected avenue of research concerns why farmers increase tillage frequencies…

We study how aggregate employment adjusted in the Chilean economy to the so called Asian Crisis. We test different hypotheses used in the public debate, although not formally tested, that try to…

A primary explanation for variation in contract structure is the extent to which contracting parties make investments specific to their transaction. Investment decisions are typically endogenous in…