A risk responsive acreage response function for millet in Niger
研究了尼日尔小米生产中价格风险对种植面积的影响,发现农民会根据价格风险变化调整种植决策。
In this paper the impact of price risk on millet production in Niger is investigated. The hypothesis that farmers respond to output price risk is tested. The results indicate that millet acreage planted decreased when millet price risk increased or when price risk of the competing crop decreased and therefore farmers do respond to changes in risk.