Market experience and agricultural technology adoption: the role of risk aversion and locus of control

被引：0
|
作者：
Nigus, Halefom Yigzaw [1 ,2 ,3 ]
Mohnen, Pierre [1 ,2 ]
Nillesen, Eleonora [1 ,2 ]
机构：
[1] United Nations Univ, MERIT, Boschst 24, NL-6211 AX Maastricht, Netherlands
[2] Maastricht Univ, Tongersest 53, NL-6211 LM Maastricht, Netherlands
[3] Policy Studies Inst, Addis Ababa, Ethiopia
来源：
EUROPEAN REVIEW OF AGRICULTURAL ECONOMICS | 2024年
关键词：
agricultural technology adoption; locus of control; market experience; risk preference; Ethiopia; SMALLHOLDER FARMERS; DISCRETE OUTCOMES; COTTON FARMERS; PESTICIDE USE; PREFERENCES; IMPACT; FERTILIZER; DECISIONS; BEHAVIOR; SEARCH;
D O I：
10.1093/erae/jbae033
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
This study examines the relationship between market experience and the adoption of risky but profitable agricultural technologies and explores the role of demand-side barriers. Using survey and incentivized experimental data, we find that market experience is significantly associated with increased adoption of improved agricultural technologies. Furthermore, we find that market experience is linked to reduced risk aversion and a stronger internal locus of control, which, in turn, are associated with higher technology adoption. Our findings imply that policies aimed at increasing farmers' investment in improved agricultural technologies benefit not only from providing access to these technologies but also from addressing psychological barriers.
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页数：36
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