A Risk Responsive Acreage Response Function for Millet in Niger
研究了价格风险对尼日尔小米种植面积的影响,发现农民会因小米价格风险上升或竞争作物价格风险下降而减少种植面积。
Abstract 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 .