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- W4296746468 endingPage "11822" @default.
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- W4296746468 abstract "In China, Tibetan areas have generally high altitudes and abnormal climates, and many areas have faced a variety of risks such as food security, land degradation disasters, and diseases. The Tibetan region’s economic development level is lower than that of the rest of China. Rural households and communities primarily rely on agricultural-related activities for a living, and their investment opportunities are limited due to unfavorable land and climate conditions. This study aims to investigate how to overcome such impacts by providing efficient strategies of green and sustainable planning through risk analysis and reasonable portfolio. By investigating the asset composition of 271 rural households in Tibetan area of Sichuan, the potential risks are analyzed by using the block diagram and investment portfolio to avoid risk is calculated and discussed by Markowitz model. The results show that the asset composition of rural households in ethnic area is unreasonable. Most of families highly prefer real assets, this may due to their risk attitudes and resistance capacities. From rural households’ perspective, in order to adapt to suboptimal environmental conditions, rural households should diversify their livelihood strategies and make appropriate investment portfolios. Moreover, the research findings also provide useful strategy suggestions for green and sustainable development of people’s livelihood planning in ethnic areas of China as the Tibetan region in Sichuan." @default.
- W4296746468 created "2022-09-23" @default.
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- W4296746468 date "2022-09-20" @default.
- W4296746468 modified "2023-10-14" @default.
- W4296746468 title "Investment Risk Analysis for Green and Sustainable Planning of Rural Family: A Case Study of Tibetan Region" @default.
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- W4296746468 doi "https://doi.org/10.3390/su141911822" @default.
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