Health shocks and natural resource extraction: a Cambodian case study. Ecological Economics 2020
Health shocks and natural resource extraction: a Cambodian case study. Ecological Economics (SCOPUS, EconLit, ISI Listed. Impact factor: 4.281 and 5-year: 5.207). In common with T.T. Nguyen, T.L. Dob and C. Wilson (2020).
Health shocks are common and have serious consequences for the rural poor in developing countries. In this study, we examine the impact of health shocks of household members on the household’s vulnerability to poverty and analyze the role of natural resource extraction in dealing with health shocks to smooth household consumption. We use a panel dataset of 550 households in 30 rural villages in Cambodia collected from two survey waves in 2013 and 2014. Our findings reveal that there is a significant association between health shocks and vulnerability to poverty and that the extraction of natural resources is important in consumption smoothing when rural households face with health shocks. We suggest to maintain natural resource stocks, and at the same time, to develop irrigation systems and non-farm sectors in order to reduce pressures on natural resources.