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Risk Management in Smallholder Cattle Farming: A Hypothetical Insurance Approach in Western Kenya AgEcon
Otieno, David Jakinda; Oluoch-Kosura, Willis; Karugia, Joseph Thuo; Drucker, Adam G.; Rege, Edward.
Smallholder cattle farming is an important livelihood strategy in most developing countries like Kenya. However, tropical diseases in Africa often wipe out these valuable assets. This paper focuses on mitigation of cattle disease risks through a hypothetical insurance scheme. The study is based on data from a survey conducted on a purposive sample of 300 smallholder cattle farmers in Kakamega and Siaya districts of Western Kenya. Descriptive measures and a regression model were used in the analysis. Results of the study showed that most farmers (91.3%) were willing to participate in the cattle insurance scheme. Also, the farmers observed that the scheme would enable them to increase their herd sizes and change their breed composition. The farmer's mean...
Tipo: Conference Paper or Presentation Palavras-chave: Cattle; Smallholder livelihoods; Disease risks; Insurance; Livestock Production/Industries; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/25489
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