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The Development of vulnerability functions relating household poverty outcomes to crop failures in Ethiopia with the prospect of developing a probabilistic catastrophe risk model

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20170038221
003  MAP
005  20171220181611.0
008  171127e20171002esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎328.1
100  ‎$0‎MAPA20170015963‎$a‎Porter, Catherine
24514‎$a‎The Development of vulnerability functions relating household poverty outcomes to crop failures in Ethiopia with the prospect of developing a probabilistic catastrophe risk model‎$c‎Catherine Porter, Emily White
520  ‎$a‎We analyse the potential to combine catastrophe (CAT) risk modelling with economic analysis of vulnerability to poverty using the example of drought hazard impacts on the welfare of rural households in Ethiopia. The aim is to determine the potential for applying a derived set of damage (vulnerability) functions based on realised shocks and household expenditure/consumption outcomes, onto a forward-looking view of drought risk. We outline the CAT risk modelling framework and the role of the vulnerability module. We present results of a regression model estimating ex post drought impacts on consumption for heterogeneous household types. We assess the generalisability of the derived functions to infer applicability to a CAT risk modelling framework. We stress test the model using statistical models of resampling to establish external validity: whether the relationships established in the data set can be used beyond the context in which they were derived. We conclude with caution that a full CAT risk model could be applied.
650 4‎$0‎MAPA20080557508‎$a‎Catástrofes
650 4‎$0‎MAPA20080571009‎$a‎Vulnerabilidad
650 4‎$0‎MAPA20080592028‎$a‎Modelos de análisis
650 4‎$0‎MAPA20080629755‎$a‎Seguro de riesgos extraordinarios
650 4‎$0‎MAPA20080591182‎$a‎Gerencia de riesgos
651 1‎$0‎MAPA20170016984‎$a‎Etiopia
651 1‎$0‎MAPA20090034464‎$a‎África
7001 ‎$0‎MAPA20170017066‎$a‎White, Emily
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎02/10/2017 Volumen 42 Número 4 - octubre 2017 , p. 657-674