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Adaptation to Natural Disasters through the Agricultural Land Rental Market: Evidence from Bangladesh

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  • Shaikh M. S. U. Eskander
  • Edward B. Barbier

Abstract

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.

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  • Shaikh M. S. U. Eskander & Edward B. Barbier, 2023. "Adaptation to Natural Disasters through the Agricultural Land Rental Market: Evidence from Bangladesh," Land Economics, University of Wisconsin Press, vol. 99(1), pages 141-160.
    • Handle: RePEc:uwp:landec:v:99:y:2023:i:1:p:141-160
    Note: DOI: 10.3368/le.032421-0031R
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    Cited by:

    1. Shaikh M. S. U. Eskander & Sam Fankhauser, 2022. "Income Diversification and Income Inequality: Household Responses to the 2013 Floods in Pakistan," Sustainability, MDPI, vol. 14(1), pages 1-12, January.
    2. Zhang, Hongliang & Mu, Jianhong E. & McCarl, Bruce A., 2018. "Adaptation to climate change via adjustment in land leasing: Evidence from dryland wheat farms in the U.S. Pacific Northwest," Land Use Policy, Elsevier, vol. 79(C), pages 424-432.
    3. Eskander, Shaikh M.S.U. & Barbier, Edward B., 2017. "Tenure Security, Human Capital and Soil Conservation in an Overlapping Generation Rural Economy," Ecological Economics, Elsevier, vol. 135(C), pages 176-185.
    4. Md. Sazedur Rahman* & Md. Ashfikur Rahman, 2019. "Impacts of Climate Change on Crop Production in Bangladesh: A Review," Journal of Agriculture and Crops, Academic Research Publishing Group, vol. 5(1), pages 6-14, 01-2019.
    5. Eskander, Shaikh M.S.U. & Fankhauser, Samuel & Jha, Shikha, 2016. "Do Natural Disasters Change Savings and Employment Choices? Evidence from Bangladesh and Pakistan," ADB Economics Working Paper Series 505, Asian Development Bank.
    6. Sam Fankhauser, 2017. "Adaptation to Climate Change," Annual Review of Resource Economics, Annual Reviews, vol. 9(1), pages 209-230, October.

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    JEL classification:

    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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