scholarly journals Rice Farmer's Risk Attitude: An Analysis of Production Risk in Jawa Barat

2016 ◽  
Vol 6 (1-2) ◽  
pp. 51
Author(s):  
Budiman Hutabarat
Keyword(s):  
Risk Attitude ◽  
Production Risk ◽  
Risk Reducing ◽  
Risk Averter

<p><strong>Abstrak</strong></p><p><br />Makalah ini merupakan, pertama, suatu pendekatan untuk menyelidiki sikap petani terhadap resiko (risk) di Indonesia. Resiko ini secara eksplisit direfleksikan dalam keragaman produksi yang dihasilkan oleh petani. Kedua, tulisan ini mencoba mengevaluasi dampak penggunaan masukan ter­ hadap resiko produksi. Petani-petani contoh dipilih dari enam desa di Daerah Aliran Sungai (DAS) Cimanuk, Jawa Barat. Analisis ini menunjukkan bahwa petani bersifat penghindar resiko (risk-averter) dalam penggunaan pupuk nitrogen dan tenaga kerja man usia. Selanjutnya diperlihatkan bahwa agaknya faktor produksi benih, pupuk nitrogen dan fosfat, serta luas areal berlaku sebagai masukan yang bersifat pembangkit resiko (risk-inducing), sedangkan masukan tenaga kerja (manusia dan ternak) bersifat pengurang resiko (risk-reducing) sebagaimana terlihat pada data musim hujan.</p>

scholarly journals Production Risk of Rice in Kebonsari, Madiun Regency

Agro Ekonomi ◽  
2019 ◽  
Vol 29 (2) ◽  
pp. 161
Author(s):  
Rosita Dewati ◽  
Lestari Rahayu Waluyati
Keyword(s):  
Coefficient Of Variation ◽  
Secondary Data ◽  
Risk Attitude ◽  
Primary Data ◽  
Rice Farming ◽  
Production Risk ◽  
Factors Affecting ◽  
Risks Factors ◽  
Paddy Farmers ◽  
Risk Averter

ABSTRACTThis study aims to determine the risks, factors affecting risk and investigate the attitude  toward risk in Kebonsari, Madiun regency. This research used primary and secondary data. Primary data obtained purposively by 61 respondents. Coefficient of variation (CV) method was used to analyze the risk, while Just and Pope model was used to analyze the factors affecting production risk. Attitude toward risk was analyzed with Moscardi and de Javnry model. The result of production risk analysis shows that production of rice farming in Kebonsari Madiun regency has a low variation which is about 14,80%. It means that production risk faced by paddy farmers in this area is low. Phonska fertilizer and other fertilizer are risk-increasing variables whereas liquid pesticide is risk decreasing variable. The result of K (s) indicated that 91,60% or 56  paddy farmers are risk averter. About 4,92% of paddy farmers are risk lover and 3,28% are risk neutral. The farmers are behaving in rational manner which avoid the possible risk that might be higher than the revenues to be earned.

Production under input endogeneity and farm-specific risk aversion: evidence from contract farming and Bayesian method

2019 ◽  
Author(s):  
Ashok K Mishra ◽  
Anthony N Rezitis ◽  
Mike G Tsionas
Keyword(s):  
Technical Efficiency ◽  
Bayesian Method ◽  
Developing Economies ◽  
Estimation Method ◽  
Risk Attitudes ◽  
Contract Farming ◽  
Production Risk ◽  
Level Data ◽  
Missing Markets ◽  
Risk Reducing

Abstract Contract farming (CF) has been offered as a solution to missing markets in developing economies. However, little is known as to how the presence of CF affects production risk, technical efficiency and risk attitudes of the smallholder. This study investigates production risk, technical efficiency, output price uncertainty and risk attitudes of contract and independent farmers. Using a Bayesian estimation method and farm-level data from Nepal, we find that contract farmers are more risk-averse than the independent farmers. Contract farmers can increase output by reducing the scale more than independent farmers. We find that labour and capital are risk-reducing, while land and other inputs are risk increasing for both contract and independent farmers. Finally, independent growers consistently over-predict output prices.

scholarly journals Production Risk, Farmer Welfare, and Bt Corn in the Philippines

2017 ◽  
Vol 46 (3) ◽  
pp. 507-528 ◽  
Author(s):  
Santi Sanglestsawai ◽  
Divina Gracia P. Rodriguez ◽  
Roderick M. Rejesus ◽  
Jose M. Yorobe
Keyword(s):  
Risk Premium ◽  
Downside Risk ◽  
The Philippines ◽  
Bt Corn ◽  
Function Estimation ◽  
Production Risk ◽  
Risk Effects ◽  
Damage Abatement ◽  
Production Function Estimation ◽  
Risk Reducing

We determine the production risk effects and welfare implications of single-trait Bt corn adoption in the Philippines. We use a stochastic production function estimation approach that allows for examining the skewness effects of Bt within a damage abatement specification. Our results indicate that Bt corn has a statistically significant yield increasing, risk-increasing (i.e., variance-increasing) and downside risk-reducing (i.e., skewness-increasing) effects. Based on risk premium, certainty equivalent, and loss probability welfare measures, Bt corn farmers in the Philippines are better-off (in absolute terms) relative to non-Bt farmers given Bt corn's dominant yield increasing effect and downside risk-reducing effect.

WEATHER AT DIFFERENT GROWTH STAGES, MULTIPLE PRACTICES AND RISK EXPOSURES: PANEL DATA EVIDENCE FROM ETHIOPIA

2020 ◽  
Vol 11 (02) ◽  
pp. 2050009
Author(s):  
HAILEMARIAM TEKLEWOLD ◽  
ALEMU MEKONNEN
Keyword(s):  
Agricultural Practices ◽  
Weather Conditions ◽  
Crop Growth ◽  
Growth Stages ◽  
Production Risk ◽  
Heterogeneous Effects ◽  
Crop Development ◽  
Crop Growth Stages ◽  
Variable Weather ◽  
Risk Reducing

This study investigates the effects of combinations of climate smart agricultural practices on risk exposure and cost of risk. We do this by examining the different risk components — mean, variance, skewness, and kurtosis — in a multinomial treatment effects framework by controlling weather variables for key stages of crop growth. We found that adoption of combinations of practices is widely viewed as a risk-reducing insurance strategy that can increase farmers’ resilience to production risk. The hypothesis of equality of weather parameters across crop development stages is also rejected. The heterogeneous effects of weather across crop growth stages have important implications for climate change adaptation to maximize quasi-option value. For a country that has the vision to build a climate-resilient economy, this knowledge is valuable to identify a combination of climate smart practices that minimizes production risk under variable weather conditions.

scholarly journals Using Farmers’ Risk Tolerance to Explain Variations in Adoption of Improved Rice Varieties in Nepal

2021 ◽  
pp. 097317412110236
Author(s):  
Toritseju Begho
Keyword(s):  
Risk Attitude ◽  
Risk Tolerance ◽  
Adoption Studies ◽  
Rice Varieties ◽  
Theoretical Understanding ◽  
Adoption Decision ◽  
Rice Farmers ◽  
Crop Varieties ◽  
Risk Reducing ◽  
New Crop

Rice is the leading cereal crop in Nepal and an important source of calories and plant protein. Despite the importance of rice, there are reports of widespread cultivation of older varieties with considerably large adoption lags. This warrants further investigation into the factors that influence rice farmers’ adoption decisions. Risk attitude is reported to be an important determinant of farmers’ decisions. However, in Nepal, evidence of the effect of risk attitude on the adoption of improved crop varieties is limited because this important factor is not considered in adoption studies. This article, therefore, connects field experiment, theoretical understanding of farmers’ risk attitudes and empirical models with the aim of investigating determinants of farmers adoption of improved rice varieties in Nepal. The results show that majority of farmers currently grow old varieties. The top four varieties—Sona Mahsuri, Sarju-52, Samba Mahsuri and Radha-4—have an average varietal release age of 27 years. By estimating a binary response regression model, this article shows that risk attitude is a significant determinant of rice farmers’ adoption decision. Specifically, the results show that risk-tolerant farmers have the lowest propensity to adopt new improved rice varieties. This article, therefore, highlights the importance of promoting holistic benefits over making risk-reducing attributes salient when new crop varieties are developed and disseminated to farmers.

scholarly journals RISIKO DAN STRATEGI PENINGKATAN PRODUKSI UDANG VANNAMEI DI KECAMATAN BLANAKAN KABUPATEN SUBANG

2018 ◽  
Vol 13 (1) ◽  
pp. 99 ◽  
Author(s):  
Kania Larasati Hartoyo ◽  
Anna Fariyanti ◽  
Suharno Suharno
Keyword(s):  
Shrimp Aquaculture ◽  
Improvement Strategy ◽  
Production Risk ◽  
Dummy Variable ◽  
Shrimp Feed ◽  
Risk Education ◽  
Inducing Factors ◽  
Internal And External Factors ◽  
Risk Reducing ◽  
And Training

ABSTRAKKecamatan Blanakan merupakan salah satu lokasi produksi udang vannamei di Jawa Barat dan menjadi salah satu lokasi penerapan progam revitalisasi tambak vannamei. Budi daya udang vannameimemiliki risiko produksi yang berasal dari faktor internal dan eksternal yang dapat terlihat pada fluktuasi produktivitas udang vannamei antar petambak. Tujuan dari penelitian ini yaitu menganalisis faktorfaktoryang memengaruhi produktivitas dan risiko produksi udang vannamei diKecamatan Blanakan. Pemilihan responden dilakukan dengan metodepurposive sampling sebanyak 70 petambak udang vannamei. Model Just and Pope digunakan untuk menganalisis risiko produksi. Hasil penelitian menunjukkan bahwa variabel-variabel yang dapat meningkatkan produktivitas udang vannamei yaitu pakan, kaporit, bakteri, dan dummy musim. Variabel benur merupakan faktor yang meningkatkan risiko sedangkan bakteri, solar, dan dummy musim merupakan faktor yang mengurangi risiko. Petambak perlu berhati-hati dalam menentukan padat tebar benur pada setiap musim serta mengontrol penggunaan tenaga kerja untuk meminimumkan risiko produksi. Peningkatan pendidikan dan pelatihan diperlukan untuk meningkatkan kemampuan tenaga kerja dalam budi daya udang vannamei.Title: Risk and Improvement Strategy of Vannamei Shrimp Production In the Blanakan Sub-district Subang RegencyABSTRACTBlanakan sub-district is one of the region selected by Ministry of Marine and Fisheries to implement shrimp farm revitalization program and become one of the biggest vannamei shrimp producer in West Java Province. However, vannamei shrimp aquaculture also deals with production risk from internal and external factors indicated from fluctuations of each farmers’ productivity. The objectives of this researchare to analyze the factors influencing vannamei shrimp productivity and production risk in Blanakan sub-district. Data were purposively sampled from 70 vannamei shrimp farmers. Just and Pope model was used in production risk analysis. The results show that variables that would increase vannamei shrimp productivity are shrimp feed, disinfectant, probiotic, and season dummy. Variable of shrimp fry is risk inducing factors, while probiotic, diesel fuel, and season dummy are risk reducing factors. Farmers need to be careful in determining shrimp fry density on every seasons and controlling labor usage to minimize production risk. Education and training improvement are necessary to increase labors’ ability in vannamei shrimp aquaculture.

Is the risk attitude measured with the Holt and Laury task reflected in farmers’ production risk?

2017 ◽  
Vol 44 (3) ◽  
pp. 399-424 ◽  
Author(s):  
Elisabeth Vollmer ◽  
Daniel Hermann ◽  
Oliver Mußhoff
Keyword(s):  
Risk Attitude ◽  
Production Risk

scholarly journals Using Climate Information for Building Smallholder Resilience in India

2021 ◽  
pp. 275-289
Author(s):  
Madhavan Manjula ◽  
Raj Rengalakshmi ◽  
Murugaiah Devaraj
Keyword(s):  
Value Chain ◽  
Tamil Nadu ◽  
Communication Process ◽  
Climate Information ◽  
Production Risk ◽  
Societal Benefit ◽  
Small Holding ◽  
Equity In Access ◽  
Risk Reduction Measures ◽  
Risk Reducing

AbstractIntra-seasonal and inter-annual climate variability is the specific climate-related production risk faced by smallholder rainfed farmers in India. For small holding rainfed farmers, access to reliable extended range and seasonal climate forecast (SCF) information could induce a set of adaptive risk reduction measures. The paper is an attempt to capture the experience of a pilot research study to understand the utility of SCF in generating risk-reducing decisions by players across the agricultural value chain in a semi-arid rainfed agroecosystem in Tamil Nadu, India. The results show that to realise the desired societal benefit of SCF, in addition to forecasts with improved predictive skills, appropriate spatial and temporal scale of the climate variables and effectiveness of the communication process is essential. Social equity in access to climate information across the agricultural value chain and ability and flexibility to adopt by the end users are also decisive factors that determine the effectiveness of climate information in reducing risk in farming. The experience also emphasises the need for strong institutional support to improve resource access and build the capacities of smallholders to translate informed decisions to actions at field level on risk-reducing responses.

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