Determinants of Poultry Farmers’ Participation in Livestock Insurance in Southwest Nigeria

Akintunde, O.K.

doi:10.3923/ajpsaj.2015.233.241

Cited by 17 publications

(24 citation statements)

References 6 publications

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“…Access to extension services and being a member of a farmer-based organisation also lead to differences in willingness to participate in the WII scheme at p o0.1 and p o0.05, respectively. This is consistent with previous studies, where a positive relationship was reported between either access to extension services or membership of farmer organisations and participation in agricultural insurance schemes as extension officers briefed farmers regarding the benefits of insurance cover or farmers could discuss the benefits of insurance within the farmer group (Akintunde, 2015;Ali, 2013;Ellis, 2016;Wairimu et al, 2016).…”

Section: Initial Offersupporting

confidence: 90%

Willingness to participate and pay for index-based crop insurance in Ghana

Adjabui¹,

Tozer

Gray

2019

AFR

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Purpose The purpose of this paper is to assess farmers’ willingness to participate and pay for weather-based index insurance in the Upper East Region of Ghana, and what factors influence the participation and purchase of crop insurance schemes. Design/methodology/approach A survey of 200 farmers in the region was carried out in 2018 to measure demographic information, farm characteristics, risks and risk-management practices and attitudes to crop insurance programs. The survey also captured maximum willingness to pay (WTP) for crop insurance. The double-bounded contingent valuation technique was used to estimate the WTP for crop insurance and the variables that affected WTP. Findings Farmers, in general, had an indifferent attitude to crop insurance in the region, but were willing to participate in the crop insurance programme, and were willing to pay between 7.5 and 12.5 per cent of the cost of growing maize as a premium for crop insurance. Demographic and economic variables did not impact WTP, but attitude towards crop insurance, farm diversification and frequency of drought negatively impacted on the WTP for crop insurance. Practical implications Education programs could be undertaken to improve the attitude and understanding towards crop insurance, as some farmers perceived the programme as not trustworthy, and others did not truly understand the operation of the programme. Social implications Drought can have a significant impact on household welfare, particularly in food insecure countries or regions. Crop insurance can provide a method of securing income for farmers allowing them to purchase food rather than other choices, such as removing children from education to reduce household expenses, improving the long-term welfare of the farm household. Originality/value This paper considers willingness to participate and WTP for a crop insurance programme in Ghana, it is one of a small number of papers that consider attitude to, and willingness to participate and WTP for crop insurance in developing countries. The value of the research is the expanded understanding of farmer attitude to crop insurance and their lack of knowledge of crop insurance operations.

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Section: Initial Offersupporting

confidence: 90%

Willingness to participate and pay for index-based crop insurance in Ghana

Adjabui¹,

Tozer

Gray

2019

AFR

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“…Average farm size for most youths was two hectares. This is in agreement with Akintude (2016) who asserted that few youths are interested in farming. The average of house hold size was five persons.…”

Section: Resultssupporting

confidence: 91%

Delta-Songhai Merkezi Tarım Programlarının Nijerya, Delta Eyaletindeki Faydalanıcılar Üzerindeki Etkileri: Gençleri Ekonomik Olarak Güçlendirilme Yaklaşımları

Oghenero

Emaziye

Yarhere³

et al. 2021

Yüzüncü Yıl Üniversitesi Tarım Bilimleri Dergisi

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This study was designed to examine the effects of the Delta-Songhai agricultural programs on beneficiaries in Delta State. Some objectives of the study were to: ascertain the type of training, determine the income generation level of the participants, measure the level of empowerment, and measure the level of satisfaction. A sample size of 72 was used in the study. This was obtained from random sampling using a multistage procedure. Results obtained were that male respondents (62.5%) dominated more than female with a mean age of 32 years. Respondents' average farming experience was five years. Respondents (97.2%) adopted poultry records skills, while respondents (94.5%) adopted aquaculture concrete pond techniques. Respondents were greatly empowered by the training program with a pooled mean of 2.89. Respondents' satisfaction level was high with a pooled mean of 2.89. Some constraints faced by the respondents were mostly, insufficient funds from the donor, poor project monitoring, and beneficiaries nonchalant behaviour after programme completion. Correlation result between poultry and aquaculture on income generation showed that poultry was more favourable than aquaculture. The study concluded that the training programme had a great impact on youth empowerment in poultry, aquaculture, piggery, and grass cutter production. It was recommended that these positive impacts should be sustained.

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“…This implies that increasing stock size increases amount intensity by GH¢ 0.061 (US$ 0.010). Akintunde (2015) observed a similar effect. FBO membership had a positive and significant influence on aquaculture insurance participation and amount intensity.…”

Section: Perceptions Of Aquaculture Insurance Prospects In Ghanamentioning

confidence: 55%

Prospects, determinants and profitability of aquaculture insurance among fish farmers in the Eastern Region of Ghana

Mensah

Amrago

Mensah³

et al. 2021

WJSTSD

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PurposeAquaculture insurance has the potential of redressing climate-change because it serves as an alternative source of finance in the event of unforeseen circumstances. To this end, the authors examine the prospects, determinants and profitability of aquaculture insurance among fish farmers in the Eastern region of Ghana.Design/methodology/approachA total of 140 fish farmers were sampled for the study. Thematic analysis was used to determine perceived aquaculture insurance prospects. The Heckman's two-stage model, profitability index (PI) and return on investment (ROI) was employed to respectively determine the factors influencing aquaculture insurance participation and amount intensity and the profitability of aquaculture.FindingsThe thematic analysis revealed three themes on the perception of aquaculture insurance prospects: loss recovery, farm renovation and promotes agriculture. Different sets of demographic and institutional factors have varying influences on aquaculture insurance participation and amount intensity. Profitability index (PI) and return on investment (ROI) were respectively 2.07 and 3.2%.Originality/valueThe research provides relevant information on perceived aquaculture insurance prospects, aquaculture insurance participation, and amount intensity and profitability of aquaculture which can contribute to enhancing aquaculture insurance and the aquaculture industry in Ghana.

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Determinants of Poultry Farmers’ Participation in Livestock Insurance in Southwest Nigeria

Cited by 17 publications

References 6 publications

Willingness to participate and pay for index-based crop insurance in Ghana

Willingness to participate and pay for index-based crop insurance in Ghana

Delta-Songhai Merkezi Tarım Programlarının Nijerya, Delta Eyaletindeki Faydalanıcılar Üzerindeki Etkileri: Gençleri Ekonomik Olarak Güçlendirilme Yaklaşımları

Prospects, determinants and profitability of aquaculture insurance among fish farmers in the Eastern Region of Ghana

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