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DOI | 10.1016/j.crm.2019.100199 |
The roles of risk aversion and climate-smart agriculture in climate risk management: Evidence from rice production in the Jianghan Plain, China | |
Tong Q.; Swallow B.; Zhang L.; Zhang J. | |
发表日期 | 2019 |
ISSN | 2212-0963 |
起始页码 | 2113 |
结束页码 | 2126 |
卷号 | 26 |
英文摘要 | Under pressure to ensure national food security, China's rice sector needs to adapt to changing climatic conditions. By investigating the effect of farmer's risk preferences, adoption of climate-smart agricultural practices and use of crop insurance on technical efficiency of rice production, this paper explores climate-smart agriculture as a strategy to cope with climate risk challenges. The empirical investigation adopts a stochastic frontier analysis approach which allows simultaneous estimation of a production function and identification of factors associated with technical efficiency. Data for rice plots of 873 farmers in the Jianghan Plain of China are used to fit the model. Farmers’ risk preferences are measured using a standard experiment approach. Most respondents are found to be risk averse, and greater risk aversion is found to significantly decrease technical efficiency. Using climate-smart practices – crop rotations and conservation tillage – have the extra benefit of improving technical efficiency; crop insurance has no significant effect on technical efficiency. Overall, the results shed new light on the negative role of risk aversion on China's agriculture, and the multiple benefits of climate-smart practices in creating a stronger agricultural production system that is resilient to climate risks. © 2019 The Author(s) |
英文关键词 | Climate smart agriculture; Risk preference; Stochastic frontier analysis; Technical efficiency |
来源期刊 | Climate Risk Management |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/183205 |
作者单位 | College of Economics and Management, Huazhong Agricultural University, 1 Shizishan Street, Hongshan, Wuhan 430074, China; Hubei Rural Development Research Center, Huazhong Agricultural University, 1 Shizishan Street, Hongshan, Wuhan 430074, China; Department of Resource Economics and Environmental Sociology, University of Alberta, 567 General Services Building, Edmonton, AB T6G-2H1, Canada; Department of Family, Youth, and Community Sciences, University of Florida, Gainesville, FL 32607, United States; National School of Agricultural Institution and Development, College of Economics and Management, South China Agricultural University, Guangzhou, 510642, China |
推荐引用方式 GB/T 7714 | Tong Q.,Swallow B.,Zhang L.,et al. The roles of risk aversion and climate-smart agriculture in climate risk management: Evidence from rice production in the Jianghan Plain, China[J],2019,26. |
APA | Tong Q.,Swallow B.,Zhang L.,&Zhang J..(2019).The roles of risk aversion and climate-smart agriculture in climate risk management: Evidence from rice production in the Jianghan Plain, China.Climate Risk Management,26. |
MLA | Tong Q.,et al."The roles of risk aversion and climate-smart agriculture in climate risk management: Evidence from rice production in the Jianghan Plain, China".Climate Risk Management 26(2019). |
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