Table 2.
Marginal Effects of Rainfall and Temperature Extremes on Annual Income, with 90% Confidence Intervals. The marginal effects are computed using the point estimates from a linear regression which includes household and time fixed effects. Confidence intervals are based on village-clustered standard errors.
| Net farm income |
90% CI |
Farm wage income |
90% CI |
Non-farm income |
90% CI |
|
|---|---|---|---|---|---|---|
| Variable Mean (1000s 2000 Rupees) | 44.15 | 0.75 | 31.45 | |||
| Rainfall in 1Q | −9.25 | [−20, 1] | −0.12 | [−0.5, 0.3] | 3.93 | [0.4, 7.5] |
| Rainfall in 4Q | 13.92 | [2, 26] | 1.31 | [0.4, 2] | 15.38 | [10, 20] |
| Temperature 1Q | −10.20 | [−28, 8] | 0.32 | [−0.0, 0.6] | −4.70 | [−9, −0.2] |
| Temperature 4Q | −15.89 | [−31, −0.6] | 0.59 | [−0.1, 1] | −4.90 | [−10, −0.1] |
| Households | 648 |
Source: Pakistan Panel Survey (1986-1991)