Via journal online., Agriculture is inherently a risky enterprise because of its dependence on rainfall. To mitigate
risks, farmers diversify crops and enterprises, maintain stabilization account or resort to the sale of assets. Crop insurance is a complementary institutional mechanism that aids farmers to cope with risks better.Considering the importance of crop insurance in risk mitigation, this paper using data from a large-scale farmers’ survey we identify the factors that influence farmers’ decision to buy crop insurance and subsequently assess its impact on farm income, production expenses and productive investments in agriculture. Farmers’ adoption of crop insurance is low— 4.80% kharif season and 3.17% in the rabi season mainly on account of lack of awareness about insurance products. Nevertheless, the probability of adoption of insurance is higher for those who experience higher crop loss and have some formal training in agriculture. The subsidy on premium also positively influences crop insurance uptake decisions. On the other hand, the factors like the lower social status, tenant farming and exposure to deficit-rainfall in the previous year are negatively associated with the decision to insure. The results on the impact of insurance are not conclusive to prove that insured farmer subsumes higher risks compared to the uninsured.
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 116 Document Number: C11996
Journal Title Details:
1 page
Notes:
RIRDC completed projects in 1997-98:human capital, communications and information systems, Rural Industries Research & Development Corporation (RIRDC), Barton, ACT, Australia, 1998
Gnaegy Suzanna (author / Winrock International) and Anderson, Jock R. (author / Winrock International)
Format:
Publication
Publication Date:
1991-06-30
Published:
International
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 114 Document Number: D11012
Notes:
World Bank Discussion Paper 126. Washington, D.C. 158 pages., Studies from a workshop. Includes evidence that research and extension had contributed to a decline in agricultural production. "There is a broad consensus about the many factors that have contributed to failures to boost land and labor productivity in Sub-Saharan Africa. Both technological options and agroecological and socioeconomic circumstances in this vast region are diverse, thus creating a complex matrix of impacts and explanations. The central explanation is that research and development activities, whether public or private, national or international, have produced innovations that farmers find variously unprofitable, too risky, or impossible to implement in a timely and useful fashion. These problems lead, in turn, to often declining agricultural productivity and a deteriorating agricultural resource base, particularly of soil and forest resources. Stepping back further from the farmers themselves to the institutions that are supposed to have assisted, the difficulties are several including the poor (often irrelevant for resource-poor farmers) siting of much past experimental and testing endeavor, inadequate and temporally inconsistent staff and budget support for national research and extension organizations.
AGRICOLA IND 92018417, The appropriate combination of extension-teaching methods for rapid farm-technology diffusion and sustained productivity growth in the World-Bank-Assisted Agricultural Development Project in rural Nigeria is examined. The multiple extension-teaching methods in the Ilorin and Oyo North Projects have led to self-defeating and counterproductive results. Using principal-components analysis, the ten extension-teaching methods (variables) are transformed into a linear equation by allocating relative weights to each variable. These weights (coefficients of the equation), which are reasonably unique to each variable, measure the relative importance of the variables and therefore facilitate their ranking in each of the project districts. The usefulness of the principal component model in the World-bank-assisted Agricultural Development Projects in particular, and the rural Nigerian agricultural industry in general, are briefly discussed. (original)
Benson, F.J. (author), Kenkel, P.L. (author), Smith, J.L. (author), and Department of Agricultural Economics, University of Kentucky.
Format:
Conference paper
Publication Date:
1990
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 93 Document Number: C06916
Notes:
AGRICOLA IND 91023364, In: Zazueta, Fedro S., ed. Proceedings of the 3rd International Conference on Computers in Agricultural Extension Programs; 1990 January 31 - February 1; Grosvenor Resort Hotel, Disney World Village, Lake Buenavista, FL. Gainesville, FL : Florida Cooperative Extension Service, University of Florida, [1990]. p. 576-581
