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| Titel: |
Can Risk-aversion Towards Fertilizer Explain Part of the Non-adoption Puzzle for Hybrid Maize? Empirical Evidence from Malawi |
| Auteur: |
Franklin Simtowe John Mduma Alexander Phiri Alban Thomas Manfred Zeller |
| Verschenen in: |
Journal of applied sciences |
| Paginering: | Jaargang 6 (2006) nr. 7 pagina's 1490-1498 |
| Jaar: |
2006 |
| Inhoud: |
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 levels of 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. |
| Uitgever: |
Asian Network for Scientific Information (provided by DOAJ) |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 9 van 65 gevonden artikelen
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