Is an Integrated Farm More Resilient against Climate Change? A Micro-econometric Analysis of Portfolio Diversification in African Agriculture

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dc.creatorSeo, S. Niggol
dc.date2012-03-30T07:30:27Z
dc.date2012-03-30T07:30:27Z
dc.date2010
dc.date.accessioned2026-07-01T00:43:11Z
dc.descriptionThis paper examines whether an integrated farm that owns both crops and livestock is more resilient under global warming than a specialized farm in crops. Using around 9000 farm surveys across Africa, we explore how farmers choose one of the farm types and how the net revenue of each type varies across the range of climate in Africa. The results indicate that an integrated farm increases in number while a specialized farm decreases across Africa under climate predictions for 2060. The relative profitability of each system against each other also changes. An integrated farm becomes relatively more profitable over specialized farms half a century from now. The impacts of climate change on integrated farms range from 9% loss to 27% gain depending on climate scenarios. Behavioral models can capture portfolio diversification benefits that agro-economic models cannot measure.
dc.identifierFood Policy
dc.identifier03069192
dc.identifierhttps://hdl.handle.net/10986/4932
dc.identifier.urihttp://hdl.handle.net/123456789/409821
dc.languageEN
dc.relationhttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectMicro Analysis of Farm Firms, Farm Households, and Farm Input Markets Q120
dc.subjectAgricultural Markets and Marketing
dc.subjectCooperatives
dc.subjectAgribusiness Q130
dc.subjectClimate
dc.subjectNatural Disasters
dc.subjectGlobal Warming Q540
dc.titleIs an Integrated Farm More Resilient against Climate Change? A Micro-econometric Analysis of Portfolio Diversification in African Agriculture
dc.titleFood Policy
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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