DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI

DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI

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This study uses the standard Tobit model to calculate both average household and aggregate willingness topay (WTP)forsubsidisedfertilizersin Malawi and it traces the determinantsoffarmers’ WTP for the inputs.The results reveal that smallholder farmers are willing to pay for...

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Main Authors: Laston Petro Manja, Gowokani Chijere Chirwa, Patrick Kambewa
Format: Article
Language:English
Published: Social Sciences Research Society 2016-01-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF-2016_1/laston.pdf
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spelling doaj-f2401532699b4761ae893fb12209b2582020-11-24T20:46:18ZengSocial Sciences Research SocietyInternational Journal of Economics and Finance Studies1309-80551309-80552016-01-01812016080104DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWILaston Petro ManjaGowokani Chijere ChirwaPatrick KambewaThis study uses the standard Tobit model to calculate both average household and aggregate willingness topay (WTP)forsubsidisedfertilizersin Malawi and it traces the determinantsoffarmers’ WTP for the inputs.The results reveal that smallholder farmers are willing to pay for more inputs in the Farm Input SubsidyProgramme (FISP) withthe mean householdWTPat MK1000beingaboutten50kgfertilizerbags and thetotal WTP at the same price being46891 bags per yearfor4742observedhouseholds. Significantdeterminants of WTP include farm size,food security andradio ownership.http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF-2016_1/laston.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Laston Petro Manja
Gowokani Chijere Chirwa
Patrick Kambewa
spellingShingle Laston Petro Manja
Gowokani Chijere Chirwa
Patrick Kambewa
DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
International Journal of Economics and Finance Studies
author_facet Laston Petro Manja
Gowokani Chijere Chirwa
Patrick Kambewa
author_sort Laston Petro Manja
title DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
title_short DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
title_full DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
title_fullStr DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
title_full_unstemmed DETERMINANTS OF FARMERS’WILLINGNESS TO PAY FOR SUBSIDISED FARMINPUTS IN MALAWI
title_sort determinants of farmers’willingness to pay for subsidised farminputs in malawi
publisher Social Sciences Research Society
series International Journal of Economics and Finance Studies
issn 1309-8055
1309-8055
publishDate 2016-01-01
description This study uses the standard Tobit model to calculate both average household and aggregate willingness topay (WTP)forsubsidisedfertilizersin Malawi and it traces the determinantsoffarmers’ WTP for the inputs.The results reveal that smallholder farmers are willing to pay for more inputs in the Farm Input SubsidyProgramme (FISP) withthe mean householdWTPat MK1000beingaboutten50kgfertilizerbags and thetotal WTP at the same price being46891 bags per yearfor4742observedhouseholds. Significantdeterminants of WTP include farm size,food security andradio ownership.
url http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF-2016_1/laston.pdf
work_keys_str_mv AT lastonpetromanja determinantsoffarmerswillingnesstopayforsubsidisedfarminputsinmalawi
AT gowokanichijerechirwa determinantsoffarmerswillingnesstopayforsubsidisedfarminputsinmalawi
AT patrickkambewa determinantsoffarmerswillingnesstopayforsubsidisedfarminputsinmalawi
_version_ 1716813009971576832

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