Household Choice of Financial Borrowing and Its Source: Multinomial Probit Model with Selection

K.S. Kavi Kumar (kavi@mse.ac.in), Anubhab Pattanayak (anubhab@mse.ac.in), Brinda Viswanathan (brinda@mse.ac.in) and Ashish Chaturvedi (ashish.chaturvedi@giz.de)
Additional contact information
K.S. Kavi Kumar: Corresponding Author, Professor, Madras School of Economics, Chennai, India
Anubhab Pattanayak: Assistant Professor, Madras School of Economics
Brinda Viswanathan: Professor, Madras School of Economics
Ashish Chaturvedi: Director-Climate Change, GIZ, New Delhi, India

Working Papers from Madras School of Economics,Chennai,India

Abstract: This paper summarizes the research and policy issues relating to climate change impacts, adaptation research and loss and damage assessments for rural India with focus on agriculture and water sectors. The climate change impact assessments have recently been proliferated by statistical models which primarily assess the role of weather as opposed to climate, thereby biasing the extent of impacts. Though the interface between climate change adaptation research and policy has evolved from a broad geographic understanding to the field level challenges of implementation, there is considerable overlap between developmental activities and adaptation activities. Further, it is expected that the climate change impacts will exceed adaptation limits manifesting in loss and damage due to frequent and/or severe climate extreme events. The loss and damage debate also highlights the challenges that development brings in reducing irreversible and unavoidable losses and damages on one hand and increasing losses and damages attributable to intolerability on the other hand.

Keywords: Climate Change; Climate Risk; Adaptation; Loss and Damages; Climate Policy; Rural India (search for similar items in EconPapers)
JEL-codes: Q15 Q54 Q56 Q57 Q58 R52 R58 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2019-05
New Economics Papers: this item is included in nep-agr and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mse.ac.in/wp-content/uploads/2021/05/Working-Paper-182-1-2.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mad:wpaper:2019-182

Access Statistics for this paper

More papers in Working Papers from Madras School of Economics,Chennai,India Contact information at EDIRC.
Bibliographic data for series maintained by Geetha G (info@mse.ac.in).