Choumert J., Phélinas Pascale. (2018). Volcanic hazards, land and labor.
Clermont-Ferrand : CERDI, 24 p. multigr. (Etudes et Documents - CERDI ; 2018 - 9). ISSN 2114-7957.
Titre du document
Volcanic hazards, land and labor
Année de publication
2018
Type de document
Littérature grise
Auteurs
Choumert J., Phélinas Pascale
Source
Clermont-Ferrand : CERDI, 2018,
24 p. multigr. (Etudes et Documents - CERDI ; 2018 - 9). ISSN 2114-7957
We study the behavior of farmers living under the threat of the Tungurahua Volcano in Ecuador. Recent eruptions have caused significant damage, including crop loss, death of livestock, and destruction of dwellings. We collected a unique data set after a major eruption in 2016. We interviewed 222 farmers in the area affected by the eruption and 260 in a nearby control zone to understand why they choose to remain in the risky zone despite the existence of public programs aimed at relocating them to safe zones. We examine land and labor, which are farmers' primary productive assets. Firstly, we investigate the capitalization of volcanic hazards in farmland values and find a negative price premium of 21% compared to the control zone. Secondly, we explore non-farm labor in response to volcanic risk. Finally, we argue that repeated ash fall events increase the illiquidity of farm household assets, such as farmland, and that agricultural human capital is difficult to convert into non-agricultural capital. Our results convey important information for public policies aimed at supporting adaptation and resilience of people living under the threat of volcanoes and other natural disasters.
Plan de classement
Environnement, écologie générale [021ENVECO]
;
Agriculture, système de production, machinisme agricole [098AGRIC]
