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DOI10.1016/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
ISSN2212-0963
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
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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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