Risk on Dynamic Behavior of Farmers in the Export Market: A Case from the Pineapple Industry in Ghana
No 170665, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
While the role of risks in technology adoption is a classical topic, its effects beyond adoption have not been examined well enough despite that dis-adoption of a technology is also common. This paper examines the role of risk preferences and an exogenous shock on the survival of farmers for a case of export pineapple industry in Ghana. Employing hazard analyses, we find that risk preferences indeed matter for survival and the hazard of exit increased significantly in the period after the occurrence of the exogenous shock. We also find that education has an effect of increasing the resilience of farmers against risks.
Keywords: Agricultural and Food Policy; International Development; Risk and Uncertainty (search for similar items in EconPapers)
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