The livelihood of the majority of Ethiopian population depends on agriculture, whose productivity is not only found at its low level but also fluctuates from year to year depending on the amount and availability of rain fall. This study was conducted to identify the various risk management and coping strategies adopted by rural households to reduce and resist drought shock and assess the link between these strategies and wealth status of the rural households. An econometric model was used to identify the major determinants of households’ decision in adopting ex ante measure to protect and mitigate the negative consequences of drought..
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