Traditional crops and climate change adaptation: insights from the Andean agricultural sector

Submitted by Cristóbal Vásquez on

The growth of traditional crops could be a primary resource for adapting to climate change and strengthening agrosystems’ resilience. However, these crops tend to be replaced by non-traditional crops with higher productivity, higher market values, and higher short-term income. In this context, smallholders face trade-offs between maximizing short-term income and ensuring resilience to face likely future climate adversities. The economic assessment of such trade-offs has been commonly neglected in the literature.

Agriculture, Climate Change, Policy Design, Water

Can local financial depth and dependence on external funding impact regional creation of new firms in Chile?

Submitted by Cristóbal Vásquez on

Uniform regional development is a challenge in low-income and emerging countries, making the role of financial systems to promote new business, investment, entrepreneurship, and growth particularly important. This paper investigates the combined effect of dependence on external funding and financial depth at a regional level, estimating a panel model using Chilean data. This study reveals evidence of a direct relationship between entrepreneurship and the combined effect of the two variables.

Policy Design

Can school environmental education programs make children and parents more pro-environmental?

Submitted by Cristóbal Vásquez on

We evaluate the direct and indirect effects of an environmental educational program with value-laded content on children's and parents' knowledge, attitudes and practices regarding the consumption and disposal of plastics. We do this using a randomized field experiment targeting fourth-grade children in Chile. The educational program had a sizeable and a positive impact on children’ knowledge, attitudes, and practices, but no effect on parents' behavior.

Climate Change, Fisheries, Policy Design, Waste

Mapping Firms' adaptive profiles: The role of experiences and risk perception in the aquaculture industry

Submitted by Cristóbal Vásquez on

The experiences of aquacultural firms regarding past environmental events and their present risk perceptions of environmental and social threats are key factors in understanding their adaptive response. This study aims to understand marine aquaculture firms' adaptive behavior considering firms' heterogeneity and the relationship between past experiences, present perceptions, and willingness to invest in adaptation.

Fisheries, Policy Design

The effect of sustainability labels on farmed-shrimp preferences: Insights from a discrete choice experiment in Vietnam

Submitted by Luat Do on
EfD Authors:

This study investigates the effectiveness of sustainability labels, environmental attitudes, food safety concerns, and knowledge on Vietnamese consumer preferences for sustainably farmed shrimp. Mixed logit and latent class models were applied to estimate utility functions based on 459 samples collected using a choice experiment. The results indicate that Vietnamese consumers prefer sustainably farmed shrimp to conventionally farmed shrimp. Also, both food safety concerns and consumer knowledge vigorously promote sustainably farmed shrimp choices.

Policy Design

Real‐time forecasting of the Australian macroeconomy using flexible Bayesian VARs

Submitted by Luat Do on
EfD Authors:

This paper evaluates the real-time forecast performance of alternative Bayesian autoregressive (AR) and vector autoregressive (VAR) models for the Australian macroeconomy. To this end, we construct an updated vintage database and compare the predictive ability of a wide set of specifications that takes into account almost all possible combinations of nonstandard errors existing in the current literature. In general, we find that the models with flexible covariance structures can improve the forecast accuracy as compared with the standard variant.

Policy Design