Risk and Ambiguity Preferences and the Adoption of New Agricultural Technologies

Risk and Ambiguity Preferences and the Adoption of New Agricultural Technologies

Author: Ward, Patrick S.

Publisher: Intl Food Policy Res Inst

Published:

Total Pages: 34

ISBN-13:

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Advances in agricultural development have largely been a direct result of increased usage of new technologies. Among other important factors, farmers’ perceptions of risks associated with the new technology as well as their ability or willingness to take risks greatly influences their adoption decisions. In this paper we conduct a series of field experiments in rural India in order to measure preferences related to risk, potential loss, and ambiguity. Disaggregating by gender, we find that on average women are significantly more risk averse and loss averse than men, though the higher average risk aversion arises due to a greater share of women who are extremely risk averse.


Women’s individual and joint property ownership

Women’s individual and joint property ownership

Author: Doss, Cheryl

Publisher: Intl Food Policy Res Inst

Published:

Total Pages: 36

ISBN-13:

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Increasingly, women’s property rights are seen as important for both equity and efficiency reasons. While there has been debate in the literature about women are better off with individual rights in contrast to rights jointly with their husband, little empirical work has analyzed this question. In this paper, the relationship of women’s individual and joint property ownership and the level of women’s input into household decisionmaking is explored with data from India, Mali, Malawi, and Tanzania. In the three African countries, women with individual landownership have greater input into household decisionmaking than women whose landownership is joint; both have more input than women who are not landowners. The relationship with other household decisions is more mixed, as is the relationship between housing and input into household decisionmaking. No similar relationship is found in Orissa, India.


Farmers’ preferences for climate-smart agriculture

Farmers’ preferences for climate-smart agriculture

Author: Taneja, Garima

Publisher: Intl Food Policy Res Inst

Published: 2014-04-02

Total Pages: 44

ISBN-13:

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This study was undertaken to assess farmers’ preferences and willingness to pay (WTP) for various climate-smart interventions in the Indo-Gangetic Plain. The research outputs will be helpful in integrating farmers’ choices with government programs in the selected regions. The Indo-Gangetic Plain (IGP) was selected because it is highly vulnerable to climate change, which may adversely affect the sustainability of the rice-wheat production system and the food security of the region. Climate-smart agriculture (CSA) can mitigate the negative impacts of climate change and improve the efficiency of the rice-wheat-based production system. CSA requires a complete package of practices to achieve the desired objectives, but adoption is largely dependent on farmers’ preferences and their capacity and WTP. To assess farmers’ choices and their WTP for the potential climate-smart technologies and other interventions, we used scoring and bidding protocols implemented through focus group meetings in two distinct regions of Eastern and Western IGP. We find that laser land leveling (LLL), crop insurance, and weather advisory services were the preferred interventions in Eastern IGP. Farmers preferred LLL, direct seeding, zero tillage, irrigation scheduling, and crop insurance in Western IGP. Through the bidding approach, farmers implicitly express their WTP for new technologies that could transform current agricultural practices into relatively low-carbon and more productive farming methods. But actual large-scale adoption of the preferred climate-smart technologies and other interventions would require access to funding as well as capacity building among technology promoters and users.


Food prices and poverty reduction in the long run

Food prices and poverty reduction in the long run

Author: Headey, Derek D.

Publisher: Intl Food Policy Res Inst

Published:

Total Pages: 32

ISBN-13:

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Standard microeconomic methods consistently suggest that, in the short run, higher food prices increase poverty in developing countries. In contrast, macroeconomic models that allow for an agricultural supply response and consequent wage adjustments suggest that the poor ultimately benefit from higher food prices. In this paper we use international data to systematically test the relationship between changes in domestic food prices and changes in poverty. We find robust evidence that in the long run (one to five years) higher food prices reduce poverty and inequality. The magnitudes of these effects vary across specifications and are not precisely estimated, but they are large enough to suggest that the recent increase in global food prices has significantly accelerated the rate of global poverty reduction.


Impact of Ghana’s agricultural mechanization services center program

Impact of Ghana’s agricultural mechanization services center program

Author: Benin, Samuel

Publisher: Intl Food Policy Res Inst

Published:

Total Pages: 40

ISBN-13:

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Use of mechanization in African agriculture has returned strongly to the development agenda, particularly following the recent high food prices crisis. Many developing country governments—including Ghana, the case study of this paper—have resumed support for agricultural mechanization, typically in the form of providing subsidies for tractor purchase and establishment of private-sector-run agricultural mechanization service centers (AMSECs). The aim of this paper is to assess the impact of Ghana’s AMSEC program on various outcomes, using data from household surveys that were conducted with 270 farmers, some of them located in areas with the AMSEC program (treatment) and others located in areas without the program (control).


Advances in Experimental Political Science

Advances in Experimental Political Science

Author: James N. Druckman

Publisher: Cambridge University Press

Published: 2021-04

Total Pages: 671

ISBN-13: 1108478506

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Novel collection of essays addressing contemporary trends in political science, covering a broad array of methodological and substantive topics.


The Economics of Risk

The Economics of Risk

Author: Donald J. Meyer

Publisher: W.E. Upjohn Institute

Published: 2003

Total Pages: 192

ISBN-13: 0880992689

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Annotation This book contains a collection of papers that address various aspects of risk, including riskmanagement and how it is applied to decisionmaking and the impact of risk on markets


Agriculture for development in Iraq? Estimating the impacts of achieving the agricultural targets of the national development plan 2013–2017 on economic growth, incomes, and gender equality

Agriculture for development in Iraq? Estimating the impacts of achieving the agricultural targets of the national development plan 2013–2017 on economic growth, incomes, and gender equality

Author: Al-Haboby, Azhr

Publisher: Intl Food Policy Res Inst

Published: 2014-05-30

Total Pages: 28

ISBN-13:

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This paper estimates the potential effects of achieving the agricultural goals set out in Iraq’s National Development Plan (NDP) 2013–2017 using a dynamic computable general equilibrium model. The findings suggest that raising agricultural productivity in accordance with the NDP may more than double average agricultural growth rates and add an average of 0.7 percent each year to economywide gross domestic product during the duration of the plan. As a consequence, the economy not only diversifies into agriculture, but agricultural growth also lifts growth in the food processing and service sectors. Achieving the yield targets for cereals (especially wheat) and for fruits and vegetables will have the largest impact on economic growth and household incomes. Household incomes will rise by an estimated 3.3 percent annually. This increase in household incomes will benefit the poorest households and female-headed urban households the most due to a combination of lower food prices and higher incomes from labor and land. Reaping these benefits from agricultural growth will critically depend on the implementation of policies and investments to ensure that additional agricultural produce can be marketed efficiently domestically and compete with imports.


Managing Risk in Agriculture

Managing Risk in Agriculture

Author: Ashok K. Mishra

Publisher: CABI

Published: 2023-10-02

Total Pages: 339

ISBN-13: 1800622260

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The book addresses and documents farmers' risks in developing and emerging economies. It draws lessons from experimental economics on measuring risk preferences, attitudes, gender differences in managing risks, and risk management strategies in countries across Africa and Asia. It argues policy makers, especially in emerging economies, need a better understanding of farmers' attitudes toward risk and choices of risk management strategies when designing policies to support production agriculture. The book includes chapters on three themes: understanding risk attitudes and preferences; using experimental economics to measure risk, preferences, and risk management strategies; and understanding climate change, risk, and risk management. The book critically examines the currently held beliefs about risk preference, attitudes, and empirical estimation of risk management strategies, emphasizing developing and emerging economies (DEE). This book is ideal for students and researchers in universities and research organizations who conduct applied research on public policy, community development, and rural development, and will also be of interest to policy-makers in those fields.


Handbook of Field Experiments

Handbook of Field Experiments

Author: Esther Duflo

Publisher: Elsevier

Published: 2017-03-21

Total Pages: 530

ISBN-13: 0444633251

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Handbook of Field Experiments provides tactics on how to conduct experimental research, also presenting a comprehensive catalog on new results from research and areas that remain to be explored. This updated addition to the series includes an entire chapters on field experiments, the politics and practice of social experiments, the methodology and practice of RCTs, and the econometrics of randomized experiments. These topics apply to a wide variety of fields, from politics, to education, and firm productivity, providing readers with a resource that sheds light on timely issues, such as robustness and external validity. Separating itself from circumscribed debates of specialists, this volume surpasses in usefulness the many journal articles and narrowly-defined books written by practitioners. - Balances methodological insights with analyses of principal findings and suggestions for further research - Appeals broadly to social scientists seeking to develop an expertise in field experiments - Strives to be analytically rigorous - Written in language that is accessible to graduate students and non-specialist economists