Shock, risk attitude and rice farming: Evidence from panel data for Thailand
نویسندگان
چکیده
Rice is one of the most important crops for food security and rural livelihoods in many developing countries Asia. However, current rice farming practices heavily rely on synthetic fertilizers pesticides that pose a significant threat to environment. Further, overuse inputs might lead wastage resources. Therefore, this research examines impact shocks experienced by farmers their risk attitude, input use, technical efficiency farming. We use balanced panel dataset 1220 households from Thailand collected 2013 2017 employ fixed-effects estimation with instrumental variables account endogeneity concerns. Our results show are risk-decreasing inputs, which means farmers, who more unwilling take risks, tend apply pesticides. Adverse affect households’ attitudes, leading over applications and, therefore, reducing efficiency. suggest policies providing crop insurance enhancing farmers’ awareness proper application critical mitigate adverse impacts reduce inefficient these chemical inputs.
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ژورنال
عنوان ژورنال: Environmental challenges
سال: 2022
ISSN: ['2667-0100']
DOI: https://doi.org/10.1016/j.envc.2021.100430