The role of access to finance in disaster recovery: Evidence from coastal communities in India

Marup Hossain, Tisorn Songsermsawas and Robinson H. Toguem

Journal of Agricultural Economics, 2024, vol. 75, issue 1, 218-234

Abstract: Natural disasters affect economic activities and welfare of small‐scale producers in developing countries, but may also offer opportunities to reinvest in productive asset, economic capital, and new technologies for future economic prospects. This paper investigates the impacts of a livelihood recovery project that provided access to finance and rehabilitated communal infrastructures in the coastal communities of Tamil Nadu, India which were severely affected by the 2004 tsunami. We replicate the project's eligibility criteria to build the counterfactual to identify control households based on the validation of secondary data and administrative records. Using data from a carefully designed primary survey, we estimate the impacts of providing access to finance and rehabilitating communal infrastructures on economic and livelihood outcomes. Results indicate positive and significant impacts on income, asset and food security. These impacts are mainly driven by improved access to finance provided and participation in groups. Findings highlight the importance of ensuring access to finance for sustainable economic recovery among small‐scale producers, particularly in the aftermath of natural disasters.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/1477-9552.12541

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:bla:jageco:v:75:y:2024:i:1:p:218-234

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0021-857X

Access Statistics for this article

Journal of Agricultural Economics is currently edited by David Harvey

More articles in Journal of Agricultural Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().