Climate shocks, vulnerability, resilience and livelihoods in rural Zambia
Climate and weather shocks pose risks to livelihoods in Southern Africa. We assess the extent to which smallholders are exposed to climate shocks in Zambia and how behavioural choices influence the negative effects of these shocks on vulnerability and resilience. We use household data from the nationally representative Rural Agricultural Livelihoods Survey and employ an instrumental variable probit regression model to control for the endogeneity of key choice variables. There are four main findings.