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Economic Perspectives of the Diversity of Risks among Crop Farmers in the Northern Guinea Savanna of Nigeria AgEcon
Olarinde, Luke O.; Manyong, Victor M.; Akintola, J.O..
In this paper, we examine the diversity of risks that affect farming in the Northern Guinea Savanna of Nigeria. We also investigate the perspectives of these risks in relation to their economic implications on the farming enterprises. We also show that through reorganization of these risks, some derived factors have the ability to present themselves whether as corresponding to existing categorization of the variables or not and also to enable us know which of the factors is more important than the other. Gross margin and factor analytical methods were used in computing the estimated results on a cross sectional sample of 348 farming households. Results show that farmers who were grouped under natural risk incurred the least mean production cost of N11,...
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/96821
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