Linking Risk Aversion, Time Preference and Fertiliser Use in Burkina Faso

Tristan Le Cotty, Elodie Maître d’Hôtel, Raphael Soubeyran and Julie Subervie
Authors registered in the RePEc Author Service: Elodie Maitre D'Hotel

Journal of Development Studies, 2018, vol. 54, issue 11, 1991-2006

Abstract: This paper investigates whether Burkinabe maize farmers’ fertiliser-use decisions are correlated with their risk and time preferences. We conducted a survey and a series of hypothetical experiments on a sample of 1500 farmers. We find that more patient farmers do use more fertiliser, but it is only because they plant more maize (a fertiliser-intensive crop) rather than because they use more fertiliser per hectare of maize planted. Conversely, we find no statistically significant link between risk aversion and fertiliser use. We use a simple two-period model, which suggests that risk aversion may indeed have an ambiguous effect on fertiliser use.

Date: 2018
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Citations: View citations in EconPapers (7)

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Related works:
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017)
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017)
Working Paper: Linking Risk Aversion, Time Preference and Fertiliser Use in Burkina Faso (2017)
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017)
Working Paper: Linking Risk Aversion, Time Preference and Fertilizer Use in Burkina Faso (2017)
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017)
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DOI: 10.1080/00220388.2017.1344645

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