Farmers’ risk preference and fertilizer use

doi:10.1016/S2095-3119(20)63450-5

Journal of Integrative Agriculture ›› 2021, Vol. 20 ›› Issue (7): 1987-1995.DOI: 10.1016/S2095-3119(20)63450-5

所属专题：农业经济与管理合辑Agricultural Economics and Management

收稿日期:2020-02-25 出版日期:2021-07-01 发布日期:2021-06-02

Farmers’ risk preference and fertilizer use

QIAO Fang-bin¹, HUANG Ji-kun^{2, 3}

¹China Economics and Management Academy, Central University of Finance and Economics, Beijing 100081, P.R.China
² School of Advanced Agricultural Sciences, Peking University, Beijing 100089, P.R.China
³ School of Economics and Management, Jiangxi Agricultural University, Nanchang 330045, P.R.China

Received:2020-02-25 Online:2021-07-01 Published:2021-06-02
Contact: Correspondence HUANG Ji-kun, E-mail: jkhuang.ccap@igsnrr.ac.cn
About author:QIAO Fang-bin, E-mail: fangbin.qiao@gmail.com
Supported by:
The authors acknowledge the financial support from the National Natural Sciences Foundation of China (71773150, 71273290, and 71934003).

摘要/Abstract

摘要：

本文研究了在我国棉花生产中农民的风险偏好对化肥施用的影响。与以往的研究不同，本文的理论分析表明农民的风险偏好与化肥施用之间的关系并不总是单调的。利用农户调查数据和Cobb–Douglas生产函数，本文的实证分析结果表明，当化肥施用的弹性和从获得高产预期的可能性都很高时，厌恶风险的农民施用的化肥数量多于冒险的农民。相反，当肥料施用的弹性和获得高产预期的可能性较低时，冒险的农民施用的化肥数量比厌恶风险的农民施用的化肥数量多。

Abstract:

This study examines the role of farmers’ risk attitudes toward fertilizer use in cotton production in China. Contradicting previous studies, this paper theoretically shows that the relationship between farmers’ risk aversion and fertilizer use is not always monotonic. Field survey data were collected to test this relationship using the Cobb–Douglas production function. Results suggest that when the elasticity of fertilizer use and the probability of achieving the desired effects from fertilizer use are high, risk-averse farmers apply more fertilizer than risk-taking farmers. Conversely, when the elasticity of fertilizer use and the probability of achieving the desired effects are low, risk-taking farmers apply more fertilizer than risk-neutral or risk-averse farmers.

Key words: risk preferences , fertilizer use , farmers , environment , China

. [J]. Journal of Integrative Agriculture, 2021, 20(7): 1987-1995.

QIAO Fang-bin, HUANG Ji-kun. Farmers’ risk preference and fertilizer use[J]. Journal of Integrative Agriculture, 2021, 20(7): 1987-1995.

参考文献

Below F, Brandau P. 2001. How much nitrogen does corn need? Paper Presented at 2001 Agronomy Field Day, University of Illinois Extension, University of Illinois at Urbana-Champaign, USA.
Broun A. 2007. Assessing nitrogen application strategies for wheat production: A case study. Honours thesis, School of Agricultural and Resource Economics, Crawley, University of Western Australia.
Le Cotty T, d’Hotel M E, Soubeyran R, Subervie J. 2018. Linking risk aversion, time preference and fertiliser use in Burkina Faso. The Journal of Development Studies, 54, 1991–2006.
Fan C. 2005. Benefit, cost, and impact of Bt cotton in China. China Economic Quarterly, 4, 785–802.
Haile K, Nillesen E, Tirivayia N. 2020. Impact of formal climate risk transfer mechanisms on risk-aversion: Empirical evidence from rural Ethiopia. World Development, 130, 104930.
van Herwaarden A, Farquhar G, Angus J, Richards R, Howe G. 1998. ‘Haying-off’, the negative grain yield response of dryland wheat to nitrogen fertiliser. I. Biomass, grain yield, and water use. Australian Journal of Agricultural and Resource Economics, 49, 1067–1082.
Holt C, Laury S. 2002. Risk aversion and incentive effects. American Economic Review, 92, 1644–1655.
Hu L, Zhang X, Zhou Y. 2019. Farm size and fertilizer sustainable use: An empirical study in Jiangsu, China. Journal of Integrative Agriculture, 18, 2898–2909.
Khora L, Ufera S, Nielsena T, Zellera M. 2018. Impact of risk aversion on fertiliser use: evidence from Vietnam. Oxford Development Studies, 46, 483–496.
Leathers H, Quiggin J. 1991. Interactions between agricultural and resource policy: The importance of attitudes toward risk. American Journal of Agricultural Economics, 73, 757–764.
Li G, Cheng G, Lu W, Lu D. 2021. Differences of yield and nitrogen use efficiency under different applications of slow release fertilizer in spring maize. Journal of Integrative Agriculture, 20, 554–564.
Liu E. 2013. Time to change what to sow: Risk preferences and technology adoption decisions of cotton farmers in China. The Review of Economics and Statistics, 95, 1386–1403.
Liu E, Huang J. 2013. Risk preferences and pesticide use by cotton farmers in China. Journal of Development Economics, 103, 202–215.
Lobell D. 2007. The cost of uncertainty for nitrogen fertiliser management: A sensitivity analysis. Field Crops Research, 100, 210–217.
McDonald G. 1989. The contribution of nitrogen fertiliser to the nitrogen nutrition of rainfed wheat crops in Australia: A review. Australian Journal of Experimental Agriculture, 29, 455–481.
Meyer-Aurich A, Karatay Y. 2019. Effects of uncertainty and farmers’ risk aversion on optimal N fertilizer supply in wheat production in Germany. Agricultural Systems, 173, 130–139.
Morris M, Kelly V, Kopicki R, Byerlee D. 2007. Fertilizer Use in African Agriculture: Lessons Learned and Good Practice Guidelines. World Bank, Washington, D.C.
NBSC (National Bureau of Statistics of China). 2007. China Statistics Yearbook. China Statistics Press, China. (in Chinese)
NBSC (National Bureau of Statistics of China). 2008. China Statistics Yearbook. China Statistics Press, China. (in Chinese)
Nie S, Eneji A E, Chen Y, Sui P, Huang J, Huang S. 2012. Nitrate leaching from maize intercropping systems with N fertilizer over-dose. Journal of Integrative Agriculture, 11, 1555–1565.
Paulson N, Babcock B. 2010. Readdressing the fertilizer problem. Journal of Agricultural and Resource Economics, 35, 368–353.
Picazo-Tadeo A, Wall A. 2011. Production risk, risk aversion and the determination of risk attitudes among Spanish rice producers. Agricultural Economics, 42, 451–464.
Pope R, Kramer R. 1979. Production uncertainty and factor demands for the competitive firm. Southern Economic Journal, 46, 489–501.
Prelec D. 1998. The probability weighting function. Econometrica, 66, 497–527.
Quiggin J, Anderson J. 1979. Stabilisation and risk reduction in Australian agriculture. Australian Journal of Agricultural Economics, 23, 191–206.
Qiao F. 2015. Increasing wage, mechanization, and agriculture production in China. China Economic Review, 46, 249–260.
Rajsic P, Weersink A, Gandorfer M. 2009. Risk and nitrogen application levels. Canadian Journal of Agricultural Economics, 57, 223–239.
Roosen J, Hennessy D. 2003. Tests for the role of risk aversion on input use. American Journal of Agricultural Economics, 85, 30–43.
Russell J. 1968. Nitrogen fertilizer and wheat in a semi-arid environment. 4. Empirical yield models and economic factors. Australian Journal of Experimental Agriculture and Animal Husbandry, 7, 453–462.
Sadras V. 2002. Interaction between rainfall and nitrogen fertilisation of wheat in environments prone to terminal drought: Economic and environmental risk analysis. Field Crops Research, 77, 201–215.
Sawyer J, Nafziger E, Randall G, Bundy L, Rehm G, Joern B. 2006. Concepts and Rationale for Regional Nitrogen Rate Guidelines for Corn. Published No. PM 2015, Iowa State University Extension, Ames, April.
SriRamaratnam S, Bessler D, Rister M, Matocha J, Novak J. 1987. Fertilization under uncertainty: An analysis based on producer yield expectations. American Journal of Agricultural Economics, 69, 349–357.
Sun B, Zhang L, Yang L, Zhang F, Norse D, Zhu Z. 2012. Agricultural non-point source pollution in China: causes and mitigation measures. Ambio, 41, 370–379.
Tanaka T, Camerer C, Nguyen Q. 2006. Risk and time preferences: Experimental and household survey data from Vietnam. [2018-09-23]. https://ssrn.com/abstract=877229
Tversky A, Kahneman D. 1992. Advances in prospect theory: Cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5, 297–323.
Zhang L, Huang J, Qiao F, Rozelle S. 2006. Economic evaluation and analysis of fertilizer overuse by China’s farmers. In: Zhu Z, Norse D, Sun B, eds., Policy for Reducing Non-point Pollution from Crop Production in China. China Environmental Science Press, China. pp. 233–258.
Zhang S, Zhao Z. 2007. Measure and analysis on technological progress of cotton from 1998 to 2005. Review of China Agricultural Science and Technology, 9, 97–10.

Farmers’ risk preference and fertilizer use

PDF

可视化

摘要/Abstract

引用本文

使用本文

参考文献

相关文章 0

编辑推荐

Metrics