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Linking risk aversion, time preference and fertilizer use in Burkina Faso

Tristan Le Cotty, Elodie Maitre D'Hotel (), Raphael Soubeyran () and Julie Subervie ()

No 253532, Working Papers MOISA from Institut National de la recherché Agronomique (INRA), UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro, Montpellier, France

Abstract: This paper investigates whether Burkinabe maize farmers’ fertilizer-use decisions are correlated with their risk and time preferences. We conducted a survey and a series of hypothetical experiments on a sample of 1,500 farmers. We ?nd that more patient farmers do use more fertilizer, but it is only because they plant more maize (a fertilizer-intensive crop) rather than because they use more fertilizer per hectare of maize planted. Conversely, we ?nd no statistically signi?cant link between risk aversion and fertilizer use. We use a simple two-period model, which suggests that risk aversion may indeed have an ambiguous effect on fertilizer use.

Keywords: Agricultural and Food Policy; Production Economics; Risk and Uncertainty (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-exp and nep-upt
Date: 2017-02
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http://ageconsearch.umn.edu/record/253532/files/WP_1_2017.pdf (application/pdf)

Related works:
Journal Article: Linking Risk Aversion, Time Preference and Fertiliser Use in Burkina Faso (2018) Downloads
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017) Downloads
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) Downloads
Working Paper: Linking risk aversion, time preference and fertilizer use in Burkina Faso (2017) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:inramo:253532

DOI: 10.22004/ag.econ.253532

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