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Farmers’ seed choice behaviors under asymmetrical information: Evidence from maize farming in China |
QIU Huan-guang1, WANG Xiao-bing2, 3, ZHANG Cai-ping4, XU Zhi-gang5 |
1 School of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, P.R.China
2 Center for Chinese Agricultural Policy, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing 100101, P.R.China
3 China’s Center for Agricultural Policy, School of Advanced Agricultural Sciences, Peking University, Beijing 100871, P.R.China
4 School of Economics, Central University of Finance and Economics, Beijing 100081, P.R.China
5 College of Economics and Management, Nanjing Agricultural University, Nanjing 210095, P.R.China |
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Abstract Using a household survey data collected from four leading maize producing provinces in China, this paper studies the decisions of maize farmers on seed choices and variety portfolios when asymmetrical information exists in the market. Our findings indicate, while farmers generally tend to adopt new varieties with the expectation of potential higher yield, the primary driver to do so for those who have less information on seed varieties is to reduce production risk. Improving seed market management and providing more seed information to farmers would be beneficial in choosing seed varieties and maize production.
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Received: 06 July 2015
Accepted:
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Fund: The authors gratefully acknowledge the financial support of the National Social Science Foundation of China (14ZDA038), the National Natural Science Foundation of China (71222302; 71373255; 71573133), and the Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences (2012RC102). |
Corresponding Authors:
XU Zhi-gang, E-mail: zgxu@njau.edu.cn
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About author: QIU Huan-guang, E-mail: hgqiu@ruc.edu.cn; |
Cite this article:
QIU Huan-guang, WANG Xiao-bing, ZHANG Cai-ping, XU Zhi-gang.
2016.
Farmers’ seed choice behaviors under asymmetrical information: Evidence from maize farming in China. Journal of Integrative Agriculture, 15(8): 1915-1923.
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