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Miyata, Sachiko; Sawada, Yasuyuki. |
This study examines the factors that influenced poor Indonesian farmers to invest in floating net aquaculture after being relocated due to a reservoir construction project. To compare three primary decision factors, credit accessibility, risk attitudes, and social learning, (i.e., learning effects from others experience), we analyze 16 years of socio-economic retrospective data collected in the field interviews exclusively for this study. Our analysis reveals that credit accessibility and risk attitudes are the most important factors that influence the rate of aquaculture investment. Social learning as well as household education also influences the investment decision significantly. Our results suggest that developmen t projects that involve voluntary... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Household investment decision; Credit constraints; Risk attitudes; Social learning; Panel data; Farm Management; D1; D8; D12; Q22. |
Ano: 2006 |
URL: http://purl.umn.edu/25669 |
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Girante, Maria Joana; Goodwin, Barry K.; Featherstone, Allen M.. |
While in theory decoupled payments do not distort production decisions, in practice there are several potential coupling mechanisms for these payments. We use farm-level data from Kansas to revisit the issue of how (de)coupled are these supposedly “decoupled” payments by focusing on how they may impact production through credit constraints. In particular, we study how production effects may have differed across farmers with varying levels of debt pressure. Our empirical approach exploits the fact that we can observe the same farm over time (and so can account for the effects of time-constant omitted variables) to study how these payments affected total crop acres, owned acres, and the decisions to plant corn, sorghum, soybeans and wheat. Like previous... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Decoupled payments; Credit constraints; Agricultural Finance; Q17; Q18. |
Ano: 2008 |
URL: http://purl.umn.edu/6335 |
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