کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7296615 | 1474597 | 2018 | 33 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Risk attitude effects on Global-GAP certification decisions by smallholder French bean farmers in Kenya
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد، اقتصادسنجی و مالیه (عمومی)
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چکیده انگلیسی
Knowledge on the link between French beans farmers' attitudes toward risks and Global-GAP compliance decisions is limited in Kenya. A social experiment (Lottery games involving real pay-offs) was implemented on 119 randomly selected farmers to solicit risk attitudes and Binary Logit Model to determine the effect of risk attitudes on compliance decisions. Majority of non-certified farmers (24 percent) were risk averse relative to certified farmers (4.3). Non-certified farmers were more averse towards losses (p=0.062|MD=0.50). Farmer's probability weighting (p=0.046), aversion to loss (p=0.094), contract farming (p=0.000) and daily household expenditure per adult equivalent significantly and negatively affected compliance decisions while risk aversion (p=0.081), annual asset value (p=0.092) and acreage under French beans (p=0.033) significantly and positively affected compliance decisions. The results suggest that crop insurance and affordable credit is important in mitigation of potential production and marketing risks in French bean farming.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Behavioral and Experimental Finance - Volume 18, June 2018, Pages 18-29
Journal: Journal of Behavioral and Experimental Finance - Volume 18, June 2018, Pages 18-29
نویسندگان
N. Kibet, G.A. Obare, J.K Lagat,