Vulnerability and household risk management in rural Thailand: The case of Pattani Province

The concept of “vulnerability to poverty” has attracted the attention of development economists during the last two decades as witnessed by the increasing number of studies on the issue that emerge in the literature. The aim of this study was to investigate the issues of exposure to shocks/risks, ri...

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Main Author:	Leekoi, Pha-isah
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HD61 Risk Management
Online Access:	https://etd.uum.edu.my/6027/1/s93369_01.pdf https://etd.uum.edu.my/6027/2/s93369_02.pdf
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id	my-uum-etd.6027
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Harun, Mukaramah Abdul Jalil, Ahmad Zafarullah
topic	HD61 Risk Management
spellingShingle	HD61 Risk Management Leekoi, Pha-isah Vulnerability and household risk management in rural Thailand: The case of Pattani Province
description	The concept of “vulnerability to poverty” has attracted the attention of development economists during the last two decades as witnessed by the increasing number of studies on the issue that emerge in the literature. The aim of this study was to investigate the issues of exposure to shocks/risks, risk management strategies and vulnerability to poverty using rural households in Pattani province. A sample of 600 households in five districts of Pattani province was selected using the multi-stage sampling approach. A comprehensive descriptive analysis was conducted using SPSS to examine the exposure to shocks in general. The Logit model was used to analyse households’ exposure to shocks as well as their impact on their livelihood. The Feasible Generalized Least Square (FGLS) technique was then employed to measure the level of vulnerability to poverty. Finally, the Tobit model was estimated to determine the influence of exposure to shocks on vulnerability to poverty. This study showed that rural households in Pattani province faced many types of shocks and they had employed various strategies in order to handle such shocks. It revealed that exposure to shocks, regardless of the type of shocks, had significant impacts on the various aspects of the livelihood of the households. However, as for the level of vulnerability to poverty, only exposure to social shock was found to be statistically significant. Nevertheless, the results showed that vulnerability in the sampled population was quite high at more than 80 percent which was much higher than the incidence of poverty in the sample which stood at less than 30 percent. These findings also pointed out how important it was for the Thai government to improve its social security net which can be relied upon by the vulnerable to prevent them from actually falling into the trap of poverty.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Leekoi, Pha-isah
author_facet	Leekoi, Pha-isah
author_sort	Leekoi, Pha-isah
title	Vulnerability and household risk management in rural Thailand: The case of Pattani Province
title_short	Vulnerability and household risk management in rural Thailand: The case of Pattani Province
title_full	Vulnerability and household risk management in rural Thailand: The case of Pattani Province
title_fullStr	Vulnerability and household risk management in rural Thailand: The case of Pattani Province
title_full_unstemmed	Vulnerability and household risk management in rural Thailand: The case of Pattani Province
title_sort	vulnerability and household risk management in rural thailand: the case of pattani province
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2016
url	https://etd.uum.edu.my/6027/1/s93369_01.pdf https://etd.uum.edu.my/6027/2/s93369_02.pdf
_version_	1747828009562275840
spelling	my-uum-etd.60272021-04-05T03:16:42Z Vulnerability and household risk management in rural Thailand: The case of Pattani Province 2016 Leekoi, Pha-isah Harun, Mukaramah Abdul Jalil, Ahmad Zafarullah School of Economics, Finance & Banking School of Economics Finance and Banking HD61 Risk Management The concept of “vulnerability to poverty” has attracted the attention of development economists during the last two decades as witnessed by the increasing number of studies on the issue that emerge in the literature. The aim of this study was to investigate the issues of exposure to shocks/risks, risk management strategies and vulnerability to poverty using rural households in Pattani province. A sample of 600 households in five districts of Pattani province was selected using the multi-stage sampling approach. A comprehensive descriptive analysis was conducted using SPSS to examine the exposure to shocks in general. The Logit model was used to analyse households’ exposure to shocks as well as their impact on their livelihood. The Feasible Generalized Least Square (FGLS) technique was then employed to measure the level of vulnerability to poverty. Finally, the Tobit model was estimated to determine the influence of exposure to shocks on vulnerability to poverty. This study showed that rural households in Pattani province faced many types of shocks and they had employed various strategies in order to handle such shocks. It revealed that exposure to shocks, regardless of the type of shocks, had significant impacts on the various aspects of the livelihood of the households. However, as for the level of vulnerability to poverty, only exposure to social shock was found to be statistically significant. Nevertheless, the results showed that vulnerability in the sampled population was quite high at more than 80 percent which was much higher than the incidence of poverty in the sample which stood at less than 30 percent. These findings also pointed out how important it was for the Thai government to improve its social security net which can be relied upon by the vulnerable to prevent them from actually falling into the trap of poverty. 2016 Thesis https://etd.uum.edu.my/6027/ https://etd.uum.edu.my/6027/1/s93369_01.pdf text eng public https://etd.uum.edu.my/6027/2/s93369_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Abdul Rahman, Z. & Omar, H.H. (2002). An Exploratory study on the loss exposures and Risk management techniques employed in the local and foreign agricultural sector: Malaysia VS. Spain and Morocco. Bureau of Research and Consultancy, Universiti Teknologi MARA. Asian Development Bank (ADB). (2008). Key Indicators for Asia and the Pacific. 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