Diana Fletschner

Are Women as Likely to Take Risks and Compete? Behavioural Findings from Central Vietnam

Abstract Using controlled experiments to compare the risk attitude and willingness to compete of husbands and wives in 500 couples in rural Vietnam, we find that women are more risk averse than men and that, compared to men, women are less likely to choose to compete, irrespective of how likely they are to succeed. Relevant to development programmes concerned with lifting women out of poverty, our findings suggest that women may be more reluctant to adopt new technologies, take out loans, or engage in economic activities that offer higher expected returns, in order to avoid setups that require them to be more competitive or that have less predictable outcomes.

Risk, Credit Constraints and Financial Efficiency in Peruvian Agriculture

Abstract Based on a panel data set, we use a two-stage analysis to evaluate the effects of access to formal credit on financial efficiency of farms in northern Peru. The first stage uses non-parametric data envelope analysis to estimate farm-specific measures of financial efficiency; 28 per cent of farmers are financially inefficient and credit constraints reduce profits of these farmers by an average of between 17 and 27 per cent. The second stage uses Tobit regression to evaluate the determinants of financial inefficiency; the results point to uninsured risk as a key determinant of financial inefficiency and suggest that policies to strengthen agricultural insurance markets would likely pay large dividends in rural Peru.

Land, Assets, and Livelihoods: Gendered Analysis of Evidence from Odisha State in India

Using data collected from the evaluation of two government land titling interventions in the Indian state of Odisha, this paper examines key relationships linking land and livelihood strategies. The investigation is one of the first to explicitly use the Gender, Agriculture, and Assets Project framework to gain additional insights on how gender–asset dynamics relate to household livelihood strategies.