RT Journal Article
SR Electronic
T1 Adaptation to Natural Disasters through the Agricultural Land Rental Market: Evidence from Bangladesh
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 141
OP 160
DO 10.3368/le.032421-0031R
VO 99
IS 1
A1 Shaikh M. S. U. Eskander
A1 Edward B. Barbier
YR 2023
UL http://le.uwpress.org/content/99/1/141.abstract
AB We examine the effects of natural disasters on agricultural households that make rent-in or rent-out transactions. Our econometric approach accounts for the effects of disaster exposure on the adjustments in the quantity of operated land and agricultural income conditional on the land quantity adjustments. Using a household survey data set from Bangladesh, we find that farmers were able to partially ameliorate their losses from exposure to disasters by optimizing their operational farm size through these land rental transactions. Land rental market may be an effective instrument in reducing disaster risks, and postdisaster policies should consider this role more systematically.