摘要:Climatic events can have disastrous consequences on rural livelihoods, which rely mainly on agriculture andnatural resources. The way households and communities respond to climatic shocks depends on their available resources. Weformulated that education is a human capital asset that can increase coping abilities in difficult times because education improvesaccess to both social and economic resources. Based on the Thai government surveys of the living conditions and life qualityof 68,343 rural villages for the years 2009 and 2011, we investigated the impacts of floods and droughts in 2010 on communitywelfare, i.e., consumption and income in 2011 at the village level. Using difference-in-difference methods, we analyzed howdifferential demographic composition and education could reduce or increase economic vulnerability to natural disasters. Wefound that floods and droughts do not produce a negative effect either on food and nonfood consumption, investment in agricultureand education, or on income. However, this applies mainly to communities with higher educational attainment partly becausethese communities can better secure government financial aid for flood and drought affected areas. Education thus may havean important role in reducing economic vulnerability
关键词:consumption and income smoothing; drought; economic vulnerability; education; flood; Thailand; welfare