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The standard theory of farmers risk attitude shows that farmers are risk averse. This behavior could affect their productivity. It was important to find the significant determinants of risk. Most study revealed that socio-economic determinants influence farmers decision to adopt new agricultural inputs that would enhance productivity. However, the findings may vary based on place and time that needs verification. Therefore, it is important to address the issue before implementation of some policies towards the use of modern agricultural inputs. Though this theory was used for most agricultural…mehr

Produktbeschreibung
The standard theory of farmers risk attitude shows that farmers are risk averse. This behavior could affect their productivity. It was important to find the significant determinants of risk. Most study revealed that socio-economic determinants influence farmers decision to adopt new agricultural inputs that would enhance productivity. However, the findings may vary based on place and time that needs verification. Therefore, it is important to address the issue before implementation of some policies towards the use of modern agricultural inputs. Though this theory was used for most agricultural policies especially in developing countries, it requires updated findings on the determinants. The dynamic nature of the world still requires for a more determinants of the risk aversion behavior of farmers.
Autorenporträt
Mr. Kidanemariam Abreha Gebretsadik has earned his MSc from School of Economics, Addis Ababa University and BA from Debub University. He worked as Planning and Programming expert in Tigrai Bureau of Capacity Building for a year. He received the award of Honor Student from TDA. Currently, he is a lecturer of Economics at Aksum University, Ethiopia.