Understanding constraints on private irrigation adoption decisions under uncertainty in data constrained settings: A novel empirical approach tested on Ecuadorian Cocoa cultivations
针对拉丁美洲小中型可可农户面临多种不确定性时的灌溉投资决策,提出一种同时处理内生性和关键协变量缺失值的新方法,并基于厄瓜多尔数据进行实证检验。
Abstract In rural areas of LatinAmerican Countries, irrigation requirements for perennial crops, like cocoa are expected to increase. This paper develops a novel holistic approach to model private investment decisions in irrigation adoption by small and mid‐sized cocoa farmers that face competing sources of uncertainty. In agricultural studies data collection through surveys often leads to issues of missing information on key measured variables. Our approach deals simultaneously with the issue of endogeneity of considering diverse risk sources and with the missing values in key covariates. The study considers multiple levels of irrigation adoption in a context where traditional and modern irrigation systems might coexist. The main contributions of this paper are both its methodological approach and its empirical application filling a knowledge gap on irrigation adoption.