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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 ()

Working Papers from LAMETA, Universtiy of Montpellier

Abstract: This paper investigates whether Burkinabe maize farmers’ fertilizer-use decisionsare correlated with their risk and time preferences. We conducted a survey and a se-ries of hypothetical experiments on a sample of 1,500 farmers. We find that morepatient farmers do use more fertilizer, but it is only because they plant more maize (afertilizer-intensive crop) rather than because they use more fertilizer per hectare ofmaize planted. Conversely, we find no statistically significant link between risk aver-sion and fertilizer use. We use a simple two-period model, which suggests that riskaversion may indeed have an ambiguous effect on fertilizer use.

New Economics Papers: this item is included in nep-dev, nep-exp and nep-upt
Date: 2017-01
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http://www.lameta.univ-montp1.fr/Documents/DR2017-01.pdf First version, 01-2017 (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) 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
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