On migration and risk in LDCs.

O. Stark, D. Levhari

Research output: Contribution to journalArticlepeer-review

383 Scopus citations

Abstract

Aims to draw attention to the neglected dimension of risk as an explanatory variable of rural-urban migration in LDCs. Suggests that an optimizing, risk-averse small farmer family tries to diversify its income by placing its best-suited member in the urban sector. Further suggests that if the decision-making unit is the individual, rural-urban migration may also be adopted as a means of resolving aversion to risk. -from Authors

Original languageEnglish
Pages (from-to)191-196
Number of pages6
JournalEconomic Development and Cultural Change
Volume31
Issue number1
DOIs
StatePublished - 1982

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