Income Uncertainty, Coping Mechanism and Farmer Production & Management Decision: An Empirical Study from Yunan, Guizhou and Sichuan Provinces
The households in rural region try not only to increase income, but also stabilize income. Based on survey data collected on 1186 peasant households in Yunnan, Guizhou and Sichuan, this paper tests how dose ex-ante income-smoothing mechanisms affect peasants behavior and welfare under the stroke of the income risks. The result indicates: Without formal mechanisms to manage risk, the peasants will select some informal mechanisms to cope with risk. Because of lacking ex-post risk prevention mechanism, to protect fanners from risks, the peasants have to cope with risk depending on ex-ante income-smoothing mechanisms. The conservative act of production play the most important role, but it has negative impacts on peasant welfare and productivity.
Farmer Income uncertainty Mechanisms to cope with risk Production decisions
WANG Yang YIN Zhichao
Business School, Chengdu University of Information Technology, P.R.China, 610225,Research Institute The School of Finance, Southwestern University of Finance and Economics, P.R.China, 610074
国际会议
China Agriculture System Engineering Society 2010(2010年中国农业系统工程学术年会)
威海
英文
11-19
2010-07-29(万方平台首次上网日期,不代表论文的发表时间)