Welfare impacts of climate shocks Evidence from Uganda
This paper evaluates the effects of weather/climate shocks on various measures of household welfare using a nationally representative panel data from Uganda National Panel Survey (UNPS) together with a set of novel climate variation indicators. We estimated generalized least square (GLS) random effects and quintile regression models to address the research questions. Our results point towards a consumption and income smoothing behaviour by the households since: we obtain very few significant results with respect to climate/weather shock variables together with highly significant effects of the sociodemographic and wealth control variables. We also investigate if different shocks definitions, i.e the reference period used to define the shock, modifies our results.