Farmers' Perception and Awareness and Factors Affecting Awareness of Farmers Regarding Crop Insurance as a Risk Coping Mechanism Evidence from Pakistan

Ghazanfar, Sidra; Zhang, Qiwen; Abdullah, Muhammad; Ahmad, Zeeshan; Lateef, Majid

doi:10.1016/s1006-8104(15)30010-6

Cited by 13 publications

(17 citation statements)

References 3 publications

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“…When the length of education increase 1 year will increase WTP 0,009%. This result is consistent with Ghazanfar, Qi-wen, Abdullah, Ahmad, & Lateef, (2015); Fan &Davlasheridze, (2016), andFahad &Jing (2018).…”

Section: Economic Interpretation Of Resultssupporting

confidence: 90%

Measuring Farmers Risk Aversion in Facing Climate Change in Bengawan Solo Watershed

Umayah

Suryanto

2020

JEP

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This research aims to understand the effect of risk aversion on the farmers’ willingness to pay (WTP) to mitigate on climate change and identify the relationship between climate change and agriculture sectors’ growth at Bengawan Solo Sub-Watershed in Upper Area. We use primary data obtained through interviews with 104 respondents, who are farmers from Sribit Village in Sragen Regency. The sampling techniques are purposive non-probability sampling. The data analysis using contingent valuation methods (CVM) and Multiple Linear Log Regression. Meanwhile, the secondary data obtained from The Central Bureau of Statistics (BPS), World Bank, and Germanwatch is collected to identify the effect of climate change on the agricultural sector. This research result shows that risk aversion does not affect farmers’ WTP to do adaptation. The variable of land area, education, and input cost affect significantly (5%), while working experience also affect to WTP at 10% significance level. The implication of low-risk aversion implies farmers not aware of climate change. Risk reduction efforts will not be a priority for farmers because the advantages to adaptation is not worthy. The relationship between production levels and negative climate change scores confirms that climate change can reduce farmer production.

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Section: Economic Interpretation Of Resultssupporting

confidence: 90%

Measuring Farmers Risk Aversion in Facing Climate Change in Bengawan Solo Watershed

Umayah

Suryanto

2020

JEP

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“…As a consequence, the unobserved error terms of this research will likely experience stochastic dependence, ignorance of which may lead to biased or incorrect estimates of the choice probabilities and parameter estimation (Ullah, Jourdain, Shivakoti, & Dhakal, 2015). Using of probit model in that case gives more significant results, which is easily interpretable and more understandable to wide group of readers and stakeholders of such kind of studies (Fahad & Wang, 2018; Ghazanfar, Qi‐wen, Abdullah, Ahmad, & Lateef, 2015; Wheeler, Zuo, & Bjornlund, 2013). Again, the above models are in line with the research problems, stated objectives, and largely patterned from existing literature.…”

Section: Methodsmentioning

confidence: 96%

Microfinance and poverty reduction: New evidence from Pakistan

Khan

Fahad

et al. 2020

Int. J Fin Econ

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Microfinance is key to reducing poverty in Pakistan. While comprehensive finance is frequently considered as, it creates inclusive growth and poverty reduction in poor communities, and can be boosted by ease of finance. However, when the poor people are involved in the broader scale (different types of poverty level), can this microfinance work? We used an econometric model to test the symmetry approaches of the comprehensive financial organizations and the poor in poverty reduction activities to find the answers. Keeping this in view, we studied different determinants related borrowers for the poverty reduction with respect to access to Micro finance institutes (MFI) and productive loan. Despite some limitations, such as those arising from potential unobservable important determinants of access to MFIs, significant positive effect of MFI productive loans has been confirmed. The significance of “treatment effect” of coefficients has been verified by probit model. In addition, we found that loans for productive purposes were more important for poverty reduction by MFB (Microfinance banks) than MFI. However, in urban areas, simple access to MFIs has larger average poverty‐reducing effects than the access to loans from MFIs for productive purposes. This leads to exploring service delivery opportunities that provide an additional avenue to monitor the usage of loans to enhance the outreach. Therefore, the results showed by probit model that access to MFI was better in urban areas and male borrowers thus achieved more loan. Therefore, it is suggested that for the poverty reduction, there is a dire need to improve and localize the Microfinance institutions in rural areas as well as to promote group lending methodology to avoid risk of getting loans and increase the number of both male and female savers. Thus, the saving value will be increased and side by side interest rate will be significantly achieved. Hence, it is concluded that the goal of providing sustainable financial services implicitly implies that MFIs provide financial services to the poor, whenever they find it profitable to do so. The removal of subsidy and the absence of interest rate restrictions could make the market for the poor become even worse as the market occupiers may act in their own interest. The powerful push will be needed from national economic and social impacts for the increasing support for microfinance.

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“…In general, the characteristics of farmers have a low level of education or literacy. This has an effect on farmers' perceptions of a problem (18) . Based on these conditions, risk communication in Indonesia will be more effective and efficient if the following factors can be better prepared, namely audiences/society, the messenger, the message, and the media.…”

Section: Literature Reviewmentioning

confidence: 99%

Risk Communication of Chili Farmers, Case of Genteng Village Farmers, Sumedang District, West Java

2019

IJRTE

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This paper aims at identifying the communication approach needed for chili farmers in an effort to minimize the risk of chili farming, using the case of farmers in Genteng Village, West Java Province, Indonesia. Departing from the issue of the importance of increasing the capacity of chili farmers to reduce their agricultural risks, this paper intends to elaborate qualitatively on main issues in risk of chili cultivation that are information that is an orientation for understanding the risks of chili farmers; and risk communication practice among chili farmers. The main finding of this research is chilli farmers in Genteng Village, Sumedang Regency have tried to overcome various risks in their agricultural businesses, through efforts to understand all risks in chili farming. Information about the risks of chili farming flows between farmers, groups and extension institutions. There has been communication with various parties and manage those risks in groups. Nevertheless, a systematic risk communication did not exist that hinder farmers to effectively address the risk in chili farming.

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Farmers' Perception and Awareness and Factors Affecting Awareness of Farmers Regarding Crop Insurance as a Risk Coping Mechanism Evidence from Pakistan

Cited by 13 publications

References 3 publications

Measuring Farmers Risk Aversion in Facing Climate Change in Bengawan Solo Watershed

Measuring Farmers Risk Aversion in Facing Climate Change in Bengawan Solo Watershed

Microfinance and poverty reduction: New evidence from Pakistan

Risk Communication of Chili Farmers, Case of Genteng Village Farmers, Sumedang District, West Java

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