Can risk-aversion towards fertilizer explain part of the non-adoption puzzle for hybrid maize? Empirical evidence from Malawi
| Autor: | Franklin Simtowe, John Mduma ., Alexander Phiri ., Alban Thomas ., Manfred Zeller . |
|---|---|
| Přispěvatelé: | ProdInra, Migration, Rheinische Friedrich-Wilhelms-Universität Bonn, University of Daarsalam, Partenaires INRAE, University of Malawi, Economie des Ressources Naturelles (LERNA), Université Toulouse 1 Capitole (UT1), Université Fédérale Toulouse Midi-Pyrénées-Université Fédérale Toulouse Midi-Pyrénées-Institut National de la Recherche Agronomique (INRA)-Commissariat à l'énergie atomique et aux énergies alternatives (CEA), University of Hohenheim, Université Toulouse Capitole (UT Capitole), Université de Toulouse (UT)-Université de Toulouse (UT)-Institut National de la Recherche Agronomique (INRA)-Commissariat à l'énergie atomique et aux énergies alternatives (CEA) |
| Jazyk: | angličtina |
| Rok vydání: | 2006 |
| Předmět: |
2. Zero hunger
Multidisciplinary Public economics ADOPTION Risk aversion business.industry 050204 development studies Safety net 05 social sciences Distribution (economics) Preference [SHS]Humanities and Social Sciences RISK-AVERSION Financial capital Order (exchange) Relative risk 0502 economics and business Economics MALAWI FERTILIZER [SHS] Humanities and Social Sciences 050207 economics business Empirical evidence HYBRID MAIZE |
| Zdroj: | Journal of Applied Sciences Journal of Applied Sciences, Asian Network for Scientific Information, 2006, 6 (7), pp.1490-1498 Journal of Applied Sciences, 2006, 6 (7), pp.1490-1498 HAL |
| ISSN: | 1812-5654 1812-5662 |
| Popis: | International audience; This study investigates the linkage between attitudes towards risk and adoption. We empirically examine the relative risk premium related to fertilizer-use among 404 farmers from Malawi and examine the relationship between risk aversion on fertilizer-use and the adoption of hybrid maize. Results show that Malawian farmers exhibit absolute Arrow-Pratt risk aversion towards the use of fertilizer. The findings also reveal that risk aversion towards the use of fertilizer is strongly associated with low intensity of hybrid maize adoption and that other than the safety net programs, human and financial capital variables such as age, household size, land size and off-farm income can be helpful in explaining the non-adoption puzzle. While safety net programs such as the free input distribution increase the likelihood of adoption, they are associated with low adoption intensity for hybrid maize. A key lesson is that when considering promoting a technology, it is important to assess the profit distribution associated with the use of complementary inputs and its implications for risk preference among technology users in order to avoid formulating misguiding policies. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|