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Farmers’ risk preferences and their climate change adaptation strategies in the Yongqiao District, China

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Issue Date
2015
Author
Jin Jianjun
Co-Author
Gao Yiwei
Wang Xiaomin
Pham Khanh Nam
Host Item
Land Use Policy
Journal Ranking
ISI, Scopus
ISSN
0264-8377
Metadata

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Issue Date
2015
Author
Jin Jianjun
Co-Author
Gao Yiwei
Wang Xiaomin
Pham Khanh Nam
Metadata

Show full item record

Metadata Views

17

Content Views

0

Abstract

Farmers’ risk preferences play an important role in agricultural production decisions. This study characterizes risk preferences among farmers in Yongqiao and determines how these risk preferences are related to their choices regarding climate change adaptation strategies. We find that most farmers in the study area were aware of climate change. They were taking measures to protect their livelihoods against perceived changes to the local climate. The risk experiment result shows that the representative subject was risk averse, and women were more risk averse than men. The relationships between farmers’ risk preferences and different climate change adaptation choices were different. Farmers’ risk aversion was negatively and significantly related with adaptation strategies on planting new crop varieties and adopting new technology, but it had a significantly positive effect on purchasing weather index crop insurance. The results also indicate that the level of education, farming experience, farm size, household income and perception of climate change impacts influence farmers’ adaptation decisions.

Keywords
Risk preference, Climate change, Adaptation strategy, China
URI
http://digital.lib.ueh.edu.vn/handle/UEH/56311
Publisher
Elsevier
DOI
https://doi.org/10.1016/j.landusepol.2015.04.028
Appears in Collections:INTERNATIONAL PUBLICATIONS

There are no files associated with this item.



Farmers’ risk preferences and their climate change adaptation strategies in the Yongqiao District, China

TweetLikeShare# Shares: 0

Metadata Views

17

Content Views

0

Issue Date
2015
Author
Jin Jianjun
Co-Author
Gao Yiwei
Wang Xiaomin
Pham Khanh Nam
Host Item
Land Use Policy
Journal Ranking
ISI, Scopus
ISSN
0264-8377
Metadata

Show full item record


Issue Date
2015
Author
Jin Jianjun
Co-Author
Gao Yiwei
Wang Xiaomin
Pham Khanh Nam
Metadata

Show full item record

Metadata Views

17

Content Views

0

Abstract

Farmers’ risk preferences play an important role in agricultural production decisions. This study characterizes risk preferences among farmers in Yongqiao and determines how these risk preferences are related to their choices regarding climate change adaptation strategies. We find that most farmers in the study area were aware of climate change. They were taking measures to protect their livelihoods against perceived changes to the local climate. The risk experiment result shows that the representative subject was risk averse, and women were more risk averse than men. The relationships between farmers’ risk preferences and different climate change adaptation choices were different. Farmers’ risk aversion was negatively and significantly related with adaptation strategies on planting new crop varieties and adopting new technology, but it had a significantly positive effect on purchasing weather index crop insurance. The results also indicate that the level of education, farming experience, farm size, household income and perception of climate change impacts influence farmers’ adaptation decisions.

Keywords
Risk preference, Climate change, Adaptation strategy, China
URI
http://digital.lib.ueh.edu.vn/handle/UEH/56311
Publisher
Elsevier
DOI
https://doi.org/10.1016/j.landusepol.2015.04.028
Appears in Collections:INTERNATIONAL PUBLICATIONS

There are no files associated with this item.



Citation

APA    Jianjun, J. (2015). Farmers’ risk preferences and their climate change adaptation strategies in the Yongqiao District, China. (Journal Article). http://digital.lib.ueh.edu.vn/handle/UEH/56311
   
MLA    Jin Jianjun. Farmers’ risk preferences and their climate change adaptation strategies in the Yongqiao District, China. 2015. Elsevier. Journal Article. http://digital.lib.ueh.edu.vn/handle/UEH/56311
   
Chicago    Jin Jianjun. "Farmers’ risk preferences and their climate change adaptation strategies in the Yongqiao District, China. "(Journal Article, Elsevier, 2015)
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