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Smoothing Consumption by Smoothing Income: Hours-of-Work Responses to Idiosyncratic Agricultural Shocks in Rural India
Abstract
While research has demonstrated that farm households in developing economies are able to protect consumption from idiosyncratic crop shocks, little evidence shows how this is achieved. This paper examines the extent to which labor markets allow households to shift labor from farm to off-farm employment, and the extent to which such a shift explains the observed lack of correlation between consumption and idiosyncratic crop shocks. The empirical analysis uses a novel measure of the idiosyncratic crop income shock which utilizes information on start-of-season cropping choices to more accurately estimate household expectations of weather.
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Cited by
Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines
Yang, D., & Choi, H. (2007) · The World Bank Economic Review · doi:10.1093/wber/lhm003 · Cited by 788
Drought of opportunities: Contemporaneous and long-term impacts of rainfall shocks on human capital
Shah, M., & Steinberg, B. M. (2017) · Journal of Political Economy · doi:10.1086/690828 · Cited by 373
Returning Home after Civil War: Food Security and Nutrition among Burundian Households
Verwimp, P., & Muñoz-Mora, J. C. (2018) · The Journal of Development Studies · doi:10.1080/00220388.2017.1311407 · Cited by 51
Metadata
- Authors
- Kochar, A.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 1999-02
- Volume
- 81
- Issue
- 1
- Pages
- 50-61
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2065117218
- Cited by
- 527
- References
- 0
- FWCI
- 22.92
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: Smoothing Consumption by Smoothing Income: Hours-of-Work Responses to Idiosyncratic Agricultural Shocks in Rural India. https://app.cochat.ai/papers/10.1162/003465399767923818
- The paper
- Kochar, A. (1999). Smoothing Consumption by Smoothing Income: Hours-of-Work Responses to Idiosyncratic Agricultural Shocks in Rural India. Review of Economics and Statistics. https://doi.org/10.1162/003465399767923818
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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