Uncertainty aversion and farmers’ innovative seed adoption: Evidence from a field experiment in rural China

Wu, Haixia; Song, Yan; YU, Le-shan; Yan, Gao

doi:10.1016/j.jia.2023.04.004

Cited by 6 publications

(2 citation statements)

References 56 publications

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“…CRT involves technical and market risks, requiring households to learn and master various operational skills in production and management, such as feeding, disease control, and water quality regulation. Based on the assumption of "bounded rationality of small farmers," households exhibit profit-seeking behavior and risk aversion, aiming to maximize utility [50]. Compared with unstable and relatively lower agricultural incomes, households are more inclined to choose stable non-agricultural incomes with higher relative returns.…”

Section: Factors Influencing the Adoption Of Crt By Householdsmentioning

confidence: 99%

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice–Crayfish Co-cultivation Technology in China

Liu,

Qi,

Tian

et al. 2024

Preprint

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Eco-agricultural technology is crucial to alleviating agricultural resource scarcity and environ-mental pressures. However, financial constraint affects its successful promotion. Digital finance has a significant impact on farmers, but existing research lacks an exploration of the impact of digital finance on farmers' adoption of eco-agricultural technology. This study focuses on Rice–Crayfish Co-cultivation Technology as an example. It utilizes survey data from 1,063 households in China. An Endogenous Switching Probit model is employed to solve self-selection bias. The results reveal several key findings. First, the average treatment effect on the treated is 51.5%. This indicates that if farmers who use digital finance were to stop using it, the probability of adopting rice–crayfish co-cultivation technology would decrease by 51.5%. Therefore, digital finance is beneficial for farmers in adopting this technology. Second, heterogeneity analysis reveals that digital finance has a greater promoting effect on older farmers, those with lower education levels, and higher proportions of agricultural income. This suggests a greater reliance on digital financial services among vulnerable groups. Third, digital finance promotes farmers' adoption of rice–crayfish co-cultivation technology by alleviating financial constraints, expanding information channels, and increasing social capital accumulation. Overall, the findings offer valuable insights for for-mulating supportive policies.

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Section: Factors Influencing the Adoption Of Crt By Householdsmentioning

confidence: 99%

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice–Crayfish Co-cultivation Technology in China

Liu,

Qi,

Tian

et al. 2024

Preprint

View full text Add to dashboard Cite

show abstract

“…CRT involves technical and market risks, requiring households to learn and master various operational skills in production and management, such as feeding, disease control, and water quality regulation. Based on the assumption of "bounded rationality of small farmers", households exhibit profit-seeking behavior and risk aversion, aiming to maximize utility [53]. Compared with unstable and relatively lower agricultural incomes, households are more inclined to choose stable non-agricultural incomes with higher relative returns.…”

Section: Factors Influencing the Adoption Of Crt By Householdsmentioning

confidence: 99%

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice-Crayfish Co-Cultivation Technology in China

Liu,

Qi,

Tian

et al. 2024

Agriculture

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Eco-agricultural technology is crucial in alleviating agricultural resource scarcity and environmental pressures. However, financial constraints affect its successful promotion. Digital finance significantly impacts farmers. However, existing research neglects the impact of digital finance on farmers’ adoption of eco-agricultural technology. This study focuses on rice-crayfish co-cultivation technology. It utilizes survey data from 1063 households in China. An endogenous switching probit model is employed to solve self-selection bias. The results are as follows: First, the average treatment effect is 51.5%. This indicates that if farmers who use digital finance were to stop using it, the probability of adopting rice-crayfish co-cultivation technology would decrease by 51.5%. Therefore, digital finance is beneficial for farmers in adopting this technology. Second, heterogeneity analysis shows that the promoting effect of digital finance is a greater promoting effect on older farmers, and on those with lower education levels and higher proportions of agricultural income. This suggests a greater reliance on digital financial services among vulnerable groups. Third, digital finance promotes farmers’ adoption of rice-crayfish co-cultivation technology by alleviating financial constraints, expanding information channels, and increasing social capital accumulation. Overall, the findings offer valuable insights for formulating supportive eco-agricultural policies.

show abstract

Research on the impact of irrigation facilities on agricultural planting structures under the risk of disaster loss

Yuan,

Zhong,

Yang

et al. 2025

International Journal of Disaster Risk Reduction

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Uncertainty aversion and farmers’ innovative seed adoption: Evidence from a field experiment in rural China

Cited by 6 publications

References 56 publications

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice–Crayfish Co-cultivation Technology in China

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice–Crayfish Co-cultivation Technology in China

The Impact of Digital Finance on Farmers’ Adoption of Eco-Agricultural Technology: Evidence from Rice-Crayfish Co-Cultivation Technology in China

Research on the impact of irrigation facilities on agricultural planting structures under the risk of disaster loss

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