Exploratory Research into the Resilience of Farming Systems during Periods of Hardship

Chris Parsonson-Ensor and Caroline M. Saunders

No 115511, 2011 Conference, August 25-26, 2011, Nelson, New Zealand from New Zealand Agricultural and Resource Economics Society

Abstract: This paper investigates the management strategies and responses used by New Zealand sheep and beef farmers to ensure resilience during periods of hardship. Using two, farm level surveys conducted in 1986 and 2010, some aspects of resilient farming systems were identified. Despite apparent hardship current farmers seemed more willing to take risks, with many more borrowing to invest in on farm developments than those in 1986. The main similarity between time periods was the greatest response to economic changes being the adoption of a low input policy. This result was quite significant, as conventional farmers are generally believed to resort to other strategies or responses.

Keywords: Agribusiness; Environmental Economics and Policy; Land Economics/Use; Production Economics (search for similar items in EconPapers)
Pages: 30
Date: 2011
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:nzar11:115511

DOI: 10.22004/ag.econ.115511

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