IDEAS home Printed from https://ideas.repec.org/p/awm/wpaper/5.html
   My bibliography  Save this paper

Exposure to climate shocks, poverty and happiness: the ”three little pigs” effect

Author

Listed:
  • Leonardo Becchetti

    (University of Rome Tor Vergata)

  • Sara Mancini

    (University of Rome Tor Vergata)

  • Sara Savastano

    (University of Rome Tor Vergata and IFAD)

Abstract

We evaluate the impact of climate shocks on household subjective wellbeing on a sample of farmers in a Small Island Developing State (SIDS) of the Pacific (the Solomon Islands). We find that both subjective (self-assessed exposure to climate shocks) and objective (past cumulative extended dry spells) environmental stress indicators significantly reduce respondent’s subjective wellbeing. Using the compensating surplus approach we calculate that this loss requires several years of crop income to be compensated. Subjective wellbeing is more severely impacted for farmers with poor dwellings (ie. with thatch walls, consistently with the well known Disney tale), below median income or durable asset and for farmers living more isolated and not being members of formal agricultural associations. Farmers hit by climate shocks experienced in significantly higher proportion nutrition problems in their households. These findings support the hypothesis of the strong interdependence between environmental and social shocks.

Suggested Citation

  • Leonardo Becchetti & Sara Mancini & Sara Savastano, 2022. "Exposure to climate shocks, poverty and happiness: the ”three little pigs” effect," Working Papers 5, SITES.
    • Handle: RePEc:awm:wpaper:5
    Note: SITES Working Papers 5
    as

    Download full text from publisher

    File URL: https://www.sitesideas.org/wp-content/uploads/2022/05/Sites_wp5.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    climate shock; subjective wellbeing; compensating surplus; small scale Pacific islands;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:awm:wpaper:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SITES's editorial board (email available below). General contact details of provider: https://sitesideas.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.