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Abstract

Vol. 62, No. 2, pp. 166-187 (2011)

“Vulnerability and Resilience of Households--The Case of Zambia--”
Takeshi Sakurai (Institute of Economics Research, Hitotsubashi University), Akiko Nasuda (Graduate Student of Economics, Hitotsubashi University), Akizane Kizuki (Graduate Student of Economics, Hitotsubashi University), Ken Miura (Graduate Student of Economics, Hitotsubashi University), Taro Yamauchi (Faculty of Health Sciences, Graduate School of Health Sciences, Hokkaido University), Hiromitsu Kanno (National Agricultural Research Center for Tohoku Region)

This paper analyzes the time required for recovery from a shock and the factors affecting the speed of recovery, because existing literature on consumption smoothing has not paid much attention to the recovery of consumption. Using household monthly panel data collected in Southern Province of Zambia, this paper estimates consumption growth functions and examines the impact of heavy rainfall shock that took place in December 2007. It is found that households with more livestock assets recovered consumption in the long-rum (i.e. after one and a half year) or they are resilient, while those with less livestock assets did not recover.