Analysis of Risk Coping Strategies Among Catfish Farmers in Ikorodu Division, Lagos State, Nigeria

The aim of this study was to analyse the risk coping strategies among catfish farmers in Ikorodu division of Lagos State, Nigeria. Primary data were obtained from 100 catfish farmers with the aid of a pre-tested questionnaire and focus group discussion using multistage sampling technique. Descriptive statistics and multivariate probit regression model were employed for data analysis. Results revealed that majority (68.1%) of the respondent were male with a mean age of 41 years and a mean stock size of 1130. The major sources of risks in the study area were fluctuation in price (89.4%), cost and quality of feed (79.8%), high cost of labour (76.6%), quality of fingerling (75.6%), bird invasion (75.6%) among others. Reduced volume of stock (87.2%), treated pond before stocking (77.7%), purchased good feed quality (74.5%), and used personal savings (72.3%) were the major coping strategies adopted by the farmers in the study area. The estimate of the multivariate probit regression model revealed that sex, age, education, household size, catfish experience, start-up capital, farming status, membership of cooperative association and access to loan were the factors determining the adoption of risk coping strategies in the study area. Therefore, government, both at the federal and state level should intensify efforts at implementing the various agricultural support programs such as anchor borrowers, poverty alleviation fund and other subsidy programs that can help the farmers expand their capital base and better cope with risk in the study area.

The role of pawnshops in risk coping in early twentieth-century Japan

This study examines the role of pawnshops as a risk-coping device in Japan in the early twentieth century, when the poor were very vulnerable to unexpected shocks such as illness. In contrast to European countries, Japanese pawnshops were the primary financial institution for low-income people up to the 1920s. Using data on pawnshop loans for more than 250 municipalities and exploiting the 1918–20 influenza pandemic as a natural experiment, we find that the adverse health shock increased the total amount of loans from pawnshops. This is because those who regularly relied on pawnshops borrowed more money from them than usual, and not because the number of people who used pawnshops increased. Our estimation results indicate that pawnshop loan amounts increased by approximately 7–10 percent due to the pandemic. These findings suggest that pawnshop loans were widely used as a risk-coping strategy.

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

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.

Impact of Publicly Funded Health Insurance Scheme on Risk Coping Strategies against Health Expenses in Kerala

The aim of the paper is to determine whether publicly funded insurance schemes have significantly enabled poor households to come out from expensive coping strategies such as borrowing and sale of assets in the State of Kerala, India. This cross-sectional study used data collected from a primary survey in the Palakkad district of Kerala. Duration of the study is from January 2018 to January 2019. A total sample of 408 poor households including both insured and uninsured were collected in a primary survey using a structured schedule. Probit and log-linear regressions were employed to determine the impact of insurance coverage for the poor on risk coping strategies such as borrowing and sale of assets. Probit regression results showed that uninsured households have around 32% higher probability of borrowing (P value-0.003) compared to insured households whereas sale of assets as a coping strategy did not yield any significant results. Results showed a negative significant relationship between insurance coverage and risk coping strategy of borrowing. The amount and probability of borrowing were found significantly lower among insured households for inpatient care. But the sale of assets did not have any significant impact from the insurance coverage.

Characteristics of Mother–Daughter Relationships and Sexual Risk-Coping Consciousness among Japanese Female University Students

For heterosexual Japanese women in their early 20s, it is important to maintain good sexual health, develop intimate relationships with a partner, and go through the process of having a family. This study aimed to determine the characteristics of mother-daughter relationships among Japanese female university students and their associations with students’ sexual risk-coping consciousness. We conducted a cross-sectional study using anonymous self-administered questionnaires. Participants were 329 female university students in their junior and senior years. The mother-daughter relationships of the study respondents were divided into the following three clusters: controlled group, close group, and independent group. The close and independent groups often consulted their mothers about sexual matters and, also, tended to be highly capable of actively expressing their opinions and cooperating with their partner in a sexual setting. In contrast, the controlled group revealed a significantly lower percentages of consulting their mothers on sexual matters and scored lower sexual risk-coping consciousness subscale scores. The controlled group may suffer a negative impact of the relationship with their controlling mothers as they try to build a good, trusting relationship with others. The characteristics of mother-daughter relationships may be associated with daughters’ sexual risk-coping consciousness.