Price risk and farmers’ decisions : A case study from Benin, Scientific African

Simple item page
AuteurASSOUTO, ACHILLE BARNABE
AuteurACCLASSATO HOUENSOU, DENIS
AuteurSEMEDO, GERVASIO
Date d'ajout2026-06-02T16:06:57Z
Date de disponibilite2026-06-02T16:06:57Z
Date de publication2020
ResumeFarmers face many types of risks that affect their behavior and well-being. Among these risks, the one related to the price of products appears the most economically sensitive. They develop various strategies to cope with this, either by taking decisions at the level of their exploitation, by using instruments offered by the market, or by diversifying their sources of income. This article analyzes, using a system Generalized Method-Of-Moment (GMM), the decisions made at the farm level to show that farmers are increasing their production and the areas that they sow in response to price volatility. Thus, price volatility exerts an incentive to increase maize production in Benin. This paper suggests taking the influence of risk aversion into account when defining policies to stabilize agricultural prices particularly in developing countries.
DOI10.1016/j.sciaf.2020.e00311
Autre identifiantBECDB-9934
URIhttps://dspace.uac.bj/handle/123456789/8843
Languefr
Fait partie deScientific African
SujetRisque de prix
SujetDécisions
Sujetagriculteurs
Sujetagricole
SujetBénin
TitrePrice risk and farmers’ decisions : A case study from Benin, Scientific African
TypeArticle

Files

Collections

Articles