• Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse
No Result
View All Result
Akistudies
No Result
View All Result
Home Browse 2014 – Volume 116 Volume 116 - Issue 3

Farmers’ risk perception, risk aversion and strategies to cope with production risk: an empirical study from Poland

by SULEWSKI, Piotr and KLOCZKO-GAJEWSKA, Anna
1 min read
  • Year 2014
  • Volume 116
  • Issue 3
  • Pages 140-147

Agriculture is an activity burdened with multiple risk factors, some of which are related to the biological nature of production. Climate change, liberalisation of international agricultural trade and changes in the agricultural support system mean that the importance of risk in agriculture will increase. This means that increasing attention will be given to risk management at the farm level, although implementation of the appropriate risk management strategy is connected to farmers’ perception of, and aversion to, risk. This study, which integrates these three aspects of risk in agriculture, is based on data collected from almost 600 participant farms from the Polish FADN system. It was shown that drought is perceived by farmers as the main factor of risk in production in Poland. Polish farmers are rather risk averse, but a little more in terms of their personal health and less in the case of the farm. The analysis showed that the following factors increased the level of risk aversion of Polish farmers: debt ratio, losses in production in previous years, soil quality and concentration on financial independence as a hierarchy of priorities. The most important risk-coping strategy was crop insurance. Knowledge of farmers’ perception of risk, risk aversion and preferred risk management strategies is essential for creating policy instruments to support agricultural risk management, and for the development of training programmes tailored to the needs of farmers.

Keywords: agricultural practicesfamily farmsrisk aversionrisk perception
  • http://dx.doi.org/10.7896/j.1414
Download PDF
Previous Post

Do Black Sea maize prices influence maize futures price discovery in Hungary? An analysis of the relationship between Hungarian and Black Sea maize prices

Next Post

The role and importance of public employment programmes: the case of Hajdúböszörmény micro-region, Hungary

Search

No Result
View All Result

Journal Metrics

Scimago Journal & Country Rank

 

 

 

 

  • Scopus SJR (2021): 0.28
  • Scopus CiteScore (2021): 1.5
  • CitEc Impact Factor: 0.25
  • 5-Year CitEc Impact Factor: 0.44
  • 5-Year CitEc H index: 7
  • ISSN (electronic): 2063-0476
  • ISSN-L 1418-2106

 

Impressum

Publisher Name: Institute of Agricultural Economics Nonprofit Kft. (AKI)

Publisher Headquarters: Zsil utca 3-5, 1093-Budapest, Hungary

Name of Responsible Person for Publishing:        Dr. Pal Goda

Name of Responsible Person for Editing:             Dr. Attila Jambor

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

The publication cost of the journal is supported by the Hungarian Academy of Sciences.

GDPR – Content Alert

 

GDPR – Submission

 

Publication Ethics and Malpractice Statement (PEMS)

 

Instructions for Authors

Most viewed

Explanatory Factors of Carbon Dioxide Emissions in the European Union

by Attila Jambor
07/12/2022
0

The European Union (EU) is committed to decarbonising its economy by 2050. To that end, significant reductions in greenhouse gases...

How improving the technical efficiency of Moroccan saffron farms can contribute to sustainable agriculture in the Anti-Atlas region

by Attila Jambor
07/12/2022
0

The saffron sector as a sustainable farming system plays a primordial agro-ecological and socio-economic role in the Anti-Atlas region in...

Returns to Scale and Technical Efficiency in Colombian Coffee Production: Implications for Colombia’s Agricultural and Land Policies

by Attila Jambor
07/12/2022
0

This paper applies a parametric approach to estimate technical and scale (in)efficiencies using input and output data at the level...

Global warming, intermediary market power, and agricultural exports: Evidence for cotton and cashew nuts in West Africa

by Attila Jambor
07/12/2022
0

This research aims at analysing the extent to which climate change affects cotton and cashew nuts production and exports in...

Keywords

adoption (5) agricultural exports (3) agriculture (12) CAP (3) Central and Eastern Europe (3) climate change (5) Common Agricultural Policy (3) competitiveness (5) consumer preferences (4) Covid-19 (4) dairy farms (3) Data Envelopment Analysis (3) DEA (2) economic growth (3) efficiency (3) elasticity (3) European Union (7) FADN (3) family farms (4) farmers (3) farmers’ markets (2) farm income (3) Hungary (5) impact evaluation (4) innovation (4) Kosovo (3) LEADER (4) maize (3) market size (2) Nigeria (2) off-farm income (4) participation (3) policy (4) price (2) price transmission (2) risk management (3) rural areas (4) rural development (13) social capital (3) social innovation (3) Structural Funds (3) sustainability (5) sustainable agriculture (4) technical efficiency (5) theory of planned behaviour (2)
Institute of Agricultural Economics
  • Home
  • About
  • Browse
  • Submission
© 2019 Copyright All rights reserved.
No Result
View All Result
  • Home
  • About
  • Submit an article
  • Browse

© 2019 Copyright All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.