The Limits to Risk Coping

2013 ◽  
Keyword(s):  
Risk Coping

scholarly journals Sustainable Crop Production, the Concurrent Adoption of Contract Farming, and Managing Risks through Income Diversification

Agronomy ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 973
Author(s):  
Shoaib Akhtar ◽  
Azhar Abbas ◽  
Hazem S. Kassem ◽  
Salim Bagadeem ◽  
Raza Ullah ◽  
...  
Keyword(s):  
Coping Strategies ◽  
Risk Perceptions ◽  
National Level ◽  
Contract Farming ◽  
Income Diversification ◽  
Maize Production ◽  
Farm Work ◽  
Economic Price ◽  
Hybrid Maize ◽  
Risk Coping

This paper is aimed at evaluating the factors affecting the concurrent adoption of two risk coping strategies among hybrid maize farmers, namely income diversification supplemented with off-farm work and contract farming in the wake of changing climatic conditions. Climatic changes and food insecurity at the national level have emerged as key risk elements for hybrid maize production due to varying economic conditions. The present paper addresses these risks by examining various sources of risks faced by hybrid maize farmers and develops ideas to tackle these risks. Bivariate and multinomial probit models were employed to analyze numerous factors that influence farmers’ choice of the simultaneous adoption of income diversification (both on and off the farm) and contract farming at the farm level. The results reveal that hybrid maize farmers’ socioeconomic attributes significantly affect their adoption of risk coping tools. Similarly, the climatic, economic (price-related), biological, and financial risk perceptions and risk preference significantly influence the utilization of risk coping strategies in maize production. These outcomes extend our understanding of farmers’ risk preferences and provide parameters for policymakers to forestall diverse risk sources associated with hybrid maize production.

scholarly journals Toward a Commonly Shared Public Policy Perspective for Analyzing Risk Coping Strategies

Risk Analysis ◽  
2020 ◽  
Author(s):  
Yanwei Li ◽  
Araz Taeihagh ◽  
Martin Jong ◽  
Andreas Klinke
Keyword(s):  
Public Policy ◽  
Coping Strategies ◽  
Policy Perspective ◽  
Risk Coping

scholarly journals Determinants of Farmers’ Decisions on Risk Coping Strategies in Rural West Java

Climate ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 7
Author(s):  
Dadang Jainal Mutaqin
Keyword(s):  
Coping Strategies ◽  
Logit Model ◽  
West Java ◽  
Capita Expenditure ◽  
Disaster Experience ◽  
Ex Post ◽  
Ex Ante ◽  
Per Capita ◽  
The Impact ◽  
Risk Coping

The impact of natural hazards on agriculture in Indonesia is becoming increasingly severe. Therefore, improving farmers’ capacity to undertake risk coping strategies is essential to maintaining their prosperity. The objective of this study was to investigate the determinants of farmers’ decisions on ex ante and ex post coping strategies in rural West Java, Indonesia. The study was based on a field survey of 180 farmers conducted in the Garut district from July to October 2017. The study used the protection motivation theory framework and applied three econometric models: binomial logit model, zero truncated Poisson regression model, and multinomial logit model. Most farmers (74.4%) adopted ex ante coping strategies. They were characterized as having higher risk aversion per capita expenditure and disaster experience, but lower discount rates and percentage of damage and locations in downstream and midstream areas. Coping appraisal perceptions were found to be important factors in the risk coping analysis. Four determinants of the decision on the number of ex ante coping strategies adopted were: per capita expenditure, land size, disaster experience, and access to financial institutions. The most common ex post coping strategy adopted by farmers was the middle-stress type.

scholarly journals Rice Farmer Risk Management by Cropping Pattern Diversification in Rural West Java: Motivation, Behavior, and Perception

2020 ◽  
Vol 1 (1) ◽  
pp. 1-19
Author(s):  
Dadang Jainal Mutaqin ◽  
Koichi Usami
Keyword(s):  
Risk Management ◽  
Coping Strategies ◽  
Risk Perceptions ◽  
Smallholder Farmers ◽  
Cropping Pattern ◽  
West Java ◽  
Agricultural Insurance ◽  
Cropping Patterns ◽  
Rice Farmer ◽  
Risk Coping

The Indonesian government have implemented agricultural production cost insurance since 2015 called Asuransi Usaha Tani Padi (AUTP). It is an issue that the rate of farmer participation in the insurance is still low. As a challenge to increase participation, it becomes important to be aware of motivation, behavior, and perception that influence the practical risk management of farmers. This study investigated the relationship between cropping pattern diversification (as risk management) and factors such as motivation, behavior, and perception. Based on a field survey of 240 smallholder farmers in Garut District, West Java Province, these were the characteristics of farmers who practiced cropping pattern diversification: (1) high-risk perception (impact and probability); (2) risk-averse; and (3) economic motivation. The study revealed that approximately one-third of farmers had risk-neutral and low-risk perceptions of whom approximately 70.7 percent practiced single cropping patterns. They may not adopt any risk- coping strategies unless they are aware of the risks that they face. Improving awareness about the negative impacts of risks on income from farming might encourage them to adopt risk-coping strategies for both on-farm risk coping (such as cropping pattern diversification) and off-farm risk-coping (such as agricultural insurance).

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