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Cited by 709

The DOI matches its Crossref record; 75 of the 75 references it cites were found in a registry or an index.

Drought and saving in West Africa: are livestock a buffer stock?

Open access
Fafchamps, Marcel, Udry, Christopher, Czukas, Katherine·1998·Journal of Development Economics
DOI 10.1016/s0304-3878(98)00037-6
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Abstract

Households in the West African semi-arid tropics (WASAT) face substantial risk—an inevitable consequence of engaging in rainfed agriculture in a drought-prone environment. It has long been hypothesized that these households keep livestock as a buffer stock to insulate their consumption from income fluctuations. This paper tests this hypothesis. Results indicate that livestock transactions play less of a consumption smoothing role than often assumed. Livestock sales compensate for at most thirty percent, and probably closer to fifteen percent of income shortfalls due to village-level shocks alone. We discuss possible explanations for these results and suggest directions for future work.

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Metadata

Authors
Fafchamps, M., Udry, C., & Czukas, K.
Venue
Journal of Development Economics
Publisher
Elsevier BV
Published
1998-04
Volume
55
Issue
2
Pages
273-305
ISSN
0304-3878 (ISSN-L)
DOI
10.1016/s0304-3878(98)00037-6
OpenAlex
W3125307028
Cited by
709
References
75
FWCI
21.29
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: Drought and saving in West Africa: are livestock a buffer stock? https://app.cochat.ai/papers/10.1016/s0304-3878(98)00037-6
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Fafchamps, M., Udry, C., & Czukas, K. (1998). Drought and saving in West Africa: are livestock a buffer stock? Journal of Development Economics. https://doi.org/10.1016/s0304-3878(98)00037-6

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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