| Land degradation in most sub Saharan Africa is a widely recognized problem and is due in large part to poor land management practices. To address this problem, several policy-based incentives to increase the adoption of better land management practices have been proposed, including fertilizer subsidies, cash payments and, more recently, subsidized or commercially offered weather index-based insurance contracts. However, little is known about farmers’ preferences among these policy alternatives, their relative effectiveness, and their likely fiscal implications. Using survey and choice elicitation data from 271 farmers in Central Malawi, this study examines smallholder farmers’ preferences among four major policy options that provide incentives for adopting... |
