Rainfall Forecasts, Weather, and Wages over the Agricultural Production Cycle
2014 ◽
Vol 104
(5)
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pp. 278-283
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Keyword(s):
Ex Ante
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We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can exacerbate the negative impact of adverse weather on harvest-stage wages. Using Indian household panel data describing early-season migration and district-level planting- and harvest-stage wages over the period 2005-2010, we find results consistent with the model, indicating that rainfall forecasts improve labor allocations on average but exacerbate wage volatility because they are imperfect.
1967 ◽
Vol 13
(3)
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pp. 630-636
Keyword(s):
Keyword(s):
2012 ◽
Vol 48
(5)
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pp. 633-653
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2021 ◽
Vol 4
(2)
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pp. 547-558
2021 ◽
Vol 31
(4)
◽
pp. 812-822
2009 ◽
Vol 14
(2)
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pp. 71-96
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