Analysing Smallholder Farmers' Adoption of New Technology Under the Consideration of Risk Attitudes and Time Preferences
Author | : Arieska Wening Sarwosri |
Publisher | : |
Total Pages | : 0 |
Release | : 2021 |
Genre | : |
ISBN | : |
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Technology adoption in agriculture plays a vital role in coping with exponential population growth. Since the Green Revolution in the 1960s, researchers have been extensively investigating issues and challenges in technology adoption. These issues are more complex in developing countries due to poverty and shortcomings in agricultural insurances. Poor farmers who are risk-averse and favor a higher discount rate tend to opt-out from adopting the innovations, causing poverty-traps. Emerging attention on environmental degradation from customers in more developed countries also gives pressure t...