Impact of agricultural income risk on farm management

An empirical analysis from the Southwest of China

Zhigang Wang, Tomoyuki Yutaka, Susumu Fukuda, Satoshi Kai

Research output: Contribution to journalArticle

Abstract

This paper is to estimate the risk level of agricultural income for each household, to analyze the impact of socioeconomic variables on the households' attitudes towards the risk level, and to explain the conditions of the new-technology adoption with the variables including risks, especially pointing out the impact of the risk level on adoption of new-technology on the use of fertilizer. According to the above analysis, we found that the agricultural income risk had no evident influence on the new-technology adoption and the use of fertilizer for each household, which suggested that the households in china were risk-neutral, and under the disaster level income of World Bank standard, the income risk for each peasant household nearly presents normality distribution; while under the Chinese National standard, it is prone to low-level risk. In summary, we could not find the conclusion that risk had significant impact on households' management.

Original languageEnglish
Pages (from-to)685-692
Number of pages8
JournalJournal of the Faculty of Agriculture, Kyushu University
Volume50
Issue number2
Publication statusPublished - Oct 1 2005

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agricultural income
farm management
China
households
innovation adoption
Fertilizers
Technology
income
fertilizers
peasantry
risk estimate
Farms
socioeconomic factors
disasters
United Nations
Disasters

All Science Journal Classification (ASJC) codes

  • Biotechnology
  • Agronomy and Crop Science

Cite this

Impact of agricultural income risk on farm management : An empirical analysis from the Southwest of China. / Wang, Zhigang; Yutaka, Tomoyuki; Fukuda, Susumu; Kai, Satoshi.

In: Journal of the Faculty of Agriculture, Kyushu University, Vol. 50, No. 2, 01.10.2005, p. 685-692.

Research output: Contribution to journalArticle

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