Consumption Risk Technology Adoption And Poverty Traps
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Consumption Risk Technology Adoption And Poverty Traps
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Author : Stefan Dercon
language : en
Publisher: World Bank Publications
Release Date : 2007
Consumption Risk Technology Adoption And Poverty Traps written by Stefan Dercon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Agricultural innovations categories.
Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferences, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented-the differential ability of households to take on risky production technologies for fear of the welfare consequences if shocks result in poor harvests. Building on an explicit model, this is explored in panel data for Ethiopia. Historical rainfall distributions are used to identify the counterfactual consumption risk. Controlling for unobserved household and time-varying village characteristics, it emerges that not just ex-ante credit constraints, but also the possibly low consumption outcomes when harvests fail, discourage the application of fertilizer. The lack of insurance causes inefficiency in production choices.
Consumption Risk Technology Adoption And Poverty Traps
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Author : Stefan Dercon
language : en
Publisher:
Release Date : 2012
Consumption Risk Technology Adoption And Poverty Traps written by Stefan Dercon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferences, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented-the differential ability of households to take on risky production technologies for fear of the welfare consequences if shocks result in poor harvests. Building on an explicit model, this is explored in panel data for Ethiopia. Historical rainfall distributions are used to identify the counterfactual consumption risk. Controlling for unobserved household and time-varying village characteristics, it emerges that not just ex-ante credit constraints, but also the possibly low consumption outcomes when harvests fail, discourage the application of fertilizer. The lack of insurance causes inefficiency in production choices.
Consumption Risk Technology Adoption And Poverty Traps
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Author : Stefan Dercon
language : en
Publisher:
Release Date : 2015
Consumption Risk Technology Adoption And Poverty Traps written by Stefan Dercon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferences, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented: the differential ability of households to take on risky production technologies for fear of the welfare consequences if shocks result in poor harvests. Building on an explicit model, this is explored in panel data for Ethiopia. Historical rainfall distributions are used to identify the counterfactual consumption risk. Controlling for unobserved household and time-varying village characteristics, it emerges that not just exante credit constraints, but also the possibly low consumption outcomes when harvests fail, discourage the application of fertiliser. The lack of insurance causes inefficiency in production choices.
Insurance Credit And Technology Adoption Field Experimental Evidence From Malawi
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Author : Dean Yang
language : en
Publisher: World Bank Publications
Release Date : 2007
Insurance Credit And Technology Adoption Field Experimental Evidence From Malawi written by Dean Yang and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Access to Information categories.
Abstract: The adoption of new agricultural technologies may be discouraged because of their inherent riskiness. This study implemented a randomized field experiment to ask whether the provision of insurance against a major source of production risk induces farmers to take out loans to invest in a new crop variety. The study sample was composed of roughly 800 maize and groundnut farmers in Malawi, where by far the dominant source of production risk is the level of rainfall. We randomly selected half of the farmers to be offered credit to purchase high-yielding hybrid maize and improved groundnut seeds for planting in the November 2006 crop season. The other half of the farmers were offered a similar credit package but were also required to purchase (at actuarially fair rates) a weather insurance policy that partially or fully forgave the loan in the event of poor rainfall. Surprisingly, take up was lower by 13 percentage points among farmers offered insurance with the loan. Take-up was 33.0 percent for farmers who were offered the uninsured loan. There is suggestive evidence that the reduced take-up of the insured loan was due to the high cognitive cost of evaluating the insurance: insured loan take-up was positively correlated with farmer education levels. By contrast, the take-up of the uninsured loan was uncorrelated with farmer education.
Stimulating Agricultural Technology Adoption Lessons From Fertilizer Use Among Ugandan Potato Farmers
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Author : Nazziwa-Nviiri, Lydia
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2017-02-17
Stimulating Agricultural Technology Adoption Lessons From Fertilizer Use Among Ugandan Potato Farmers written by Nazziwa-Nviiri, Lydia and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-17 with Political Science categories.
In the context of a growing population in an already densely populated area, agricultural yields will need to increase without putting additional stress on the environment. The adoption of modern inputs by smallholders is an important ingredient of agricultural transformation. In this study we explore plot-level, household-level, and institutional-level characteristics associated with agricultural technology adoption behavior among smallholder farmers. The aim is to uncover correlations that can guide the design of policies and incentives that are likely to increase adoption. We explicitly differentiate between fixed costs that are likely to affect the decision to use the technology and variable costs that are more relevant for the decision regarding use intensity. In addition, we examine how the importance of each of these characteristics differs with asset status. To do so, we use data from about 1,880 potato plots cultivated by 500 randomly selected potato growers in southwestern Uganda. We first categorize households into poorly endowed and well-endowed asset classes based on their access to productive assets. We then estimate double-hurdle models for take-up and use intensity of fertilizer for each group. The results show that the factors associated with the decision to use fertilizer are often different from those associated with the decision about how much fertilizer to use and that the characteristics correlated with fertilizer adoption differ between asset-poor and asset-rich farmers. For instance, asset-poor female-headed households are less likely to use fertilizer, but if they do, they use more of it than male-headed households. Our results also suggest fertilizer packaging and distribution are important factors in fertilizer adoption decisions due to their impact on costs related to both indivisibilities and uncertainty about the quality. We derive a range of policy recommendations.
An Assessment Of Ifpri S Work In Ethiopia 1995 2010 Ideology Influence And Idiosyncrasy
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Author : Mitch Renkow, and Roger Slade
language : en
Publisher: Intl Food Policy Res Inst
Release Date :
An Assessment Of Ifpri S Work In Ethiopia 1995 2010 Ideology Influence And Idiosyncrasy written by Mitch Renkow, and Roger Slade and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on with Social Science categories.
World Development Report 2014
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2013-10
World Development Report 2014 written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10 with Business & Economics categories.
The World Development Report 2014 examines how improving risk management can lead to larger gains in development and poverty reduction. It argues that improving risk management is crucial to reduce the negative impacts of shocks and hazards, but also to enable people to pursue new opportunities for growth and prosperity.
The Economics Of Social Determinants Of Health And Health Inequalities
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Author : World Health Organization
language : en
Publisher: World Health Organization
Release Date : 2013
The Economics Of Social Determinants Of Health And Health Inequalities written by World Health Organization and has been published by World Health Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
"This resource book discusses the economic arguments that could (and could not) be put forth to support the case for investing in the social determinants of health on average and in the reduction in socially determined health inequalities. It provides an overview and introduction into how economists would approach the assessment of the economic motivation to invest in the social determinants of health and socially determined health inequities, including what the major challenges are in this assessment. It illustrates the extent to which an economic argument can be made in favour of investment in 3 major social determinants of health areas: education, social protection, and urban development and infrastructure. It describes whether education policy, social protection, and urban development, housing and transport policy can act as health policy"--
Agricultural Development And Economic Transformation
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Author : John W. Mellor
language : en
Publisher: Springer
Release Date : 2017-10-17
Agricultural Development And Economic Transformation written by John W. Mellor and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-17 with Business & Economics categories.
This book examines the role of agriculture in the economic transformation of developing low- and middle-income countries and explores means for accelerating agricultural growth and poverty reduction. In this volume, Mellor measures by household class the employment impact of alternative agricultural growth rates and land tenure systems, and impact on cereal consumption and food security. The book provides detailed analysis of each element of agricultural modernization, emphasizing the central role of government in accelerated growth in private sector dominated agriculture. The book differs from the bulk of current conventional wisdom in its placement of the non-poor small commercial farmer at the center of growth, and explains how growth translates into poverty reduction. This new book is a follow up to Mellor’s classic, prize-winning text, The Economics of Agricultural Development. Listed as a Best Books of 2017: Economics by Financial Times.
African Smallholders
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Author : Göran Djurfeldt
language : en
Publisher: CABI
Release Date : 2011
African Smallholders written by Göran Djurfeldt and has been published by CABI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Technology & Engineering categories.
This book investigates how the changed agricultural policy climate affected government policies in the nine countries studied already as part of the preceding project: Ethiopia, Ghana, Kenya, Malawi, Mozambique, Nigeria, Tanzania, Uganda and Zambia. By repeating the cross-sectional survey made in over 100 villages in 2002 and converting it into a panel, it is possible to trace village- and household-level effects of agricultural policies and other macro-level processes. The book consists of 14 chapters most of which revolve around studies on each of the nine case study countries.