Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda.
Although rice has been a prominent cash crop in areas with access to lowland in Uganda, the adoption of rice and area expansion have stagnated despite the Government of Uganda's 2009 National Rice Development Policy and its commitment to doubling rice production over 10 years. Using panel data...
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2019-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0219202 |
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doaj-3bf830d3e61d45368f9115c610cc8c322021-03-03T20:35:01ZengPublic Library of Science (PLoS)PLoS ONE1932-62032019-01-01147e021920210.1371/journal.pone.0219202Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda.Yoko KijimaAlthough rice has been a prominent cash crop in areas with access to lowland in Uganda, the adoption of rice and area expansion have stagnated despite the Government of Uganda's 2009 National Rice Development Policy and its commitment to doubling rice production over 10 years. Using panel data collected in 2010 and 2017 as well as risk preference data elicited via lab-in-the-field experiments conducted in rural Uganda, we find that farmers with higher loss aversion are less likely to grow rice and expand their rice cultivation areas. This study affirms that risk preferences play a critical role in agricultural production decisions.https://doi.org/10.1371/journal.pone.0219202 |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Yoko Kijima |
| spellingShingle |
Yoko Kijima Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. PLoS ONE |
| author_facet |
Yoko Kijima |
| author_sort |
Yoko Kijima |
| title |
Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. |
| title_short |
Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. |
| title_full |
Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. |
| title_fullStr |
Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. |
| title_full_unstemmed |
Farmers' risk preferences and rice production: Experimental and panel data evidence from Uganda. |
| title_sort |
farmers' risk preferences and rice production: experimental and panel data evidence from uganda. |
| publisher |
Public Library of Science (PLoS) |
| series |
PLoS ONE |
| issn |
1932-6203 |
| publishDate |
2019-01-01 |
| description |
Although rice has been a prominent cash crop in areas with access to lowland in Uganda, the adoption of rice and area expansion have stagnated despite the Government of Uganda's 2009 National Rice Development Policy and its commitment to doubling rice production over 10 years. Using panel data collected in 2010 and 2017 as well as risk preference data elicited via lab-in-the-field experiments conducted in rural Uganda, we find that farmers with higher loss aversion are less likely to grow rice and expand their rice cultivation areas. This study affirms that risk preferences play a critical role in agricultural production decisions. |
| url |
https://doi.org/10.1371/journal.pone.0219202 |
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