Farmers’risk preference and fertilizer use
Farmers’ risk preference and fertilizer use作者机构:China Economics and Management AcademyCentral University of Finance and EconomicsBeijing 100081P.R.China School of Advanced Agricultural SciencesPeking UniversityBeijing 100089P.R.China School of Economics and ManagementJiangxi Agricultural UniversityNanchang 330045P.R.China
出 版 物:《Journal of Integrative Agriculture》 (农业科学学报(英文版))
年 卷 期:2021年第20卷第7期
页 面:1987-1995页
核心收录:
学科分类:02[经济学] 09[农学] 0710[理学-生物学] 0832[工学-食品科学与工程(可授工学、农学学位)] 0202[经济学-应用经济学] 0830[工学-环境科学与工程(可授工学、理学、农学学位)] 1004[医学-公共卫生与预防医学(可授医学、理学学位)] 0905[农学-畜牧学] 0906[农学-兽医学] 0901[农学-作物学] 0703[理学-化学] 0902[农学-园艺学] 0713[理学-生态学]
基 金:financial support from the National Natural Sciences Foundation of China(71773150 71273290 and 71934003)。
主 题:risk preferences fertilizer use farmers environment China
摘 要:This study examines the role of farmers’risk attitudes toward fertilizer use in cotton production in China.Contradicting previous studies,this paper theoretically shows that the relationship between farmers’risk aversion and fertilizer use is not always monotonic.Field survey data were collected to test this relationship using the Cobb–Douglas production function.Results suggest that when the elasticity of fertilizer use and the probability of achieving the desired effects from fertilizer use are high,risk-averse farmers apply more fertilizer than risk-taking farmers.Conversely,when the elasticity of fertilizer use and the probability of achieving the desired effects are low,risk-taking farmers apply more fertilizer than risk-neutral or risk-averse farmers.