Risk analysis of new maize technology in Zaire: a portfolio approach

Risk associated with the adoption of new maize technology and the impact of mandatory cotton production on traditional farmers in the Kasai Oriental Region of Zaire are evaluated within a portfolio context using a quadratic programming model. Seasonal net returns for farm plans including four levels of maize technology in combination with staple food crops are evaluated, with and without mandatory cotton production. The results indicate that cropping systems that include new maize technology are risk-efficient relative to local maize varieties while mandatory cotton production is not risk-efficient at the prevalent price and yield levels in the farming system.


Issue Date:
1993-09
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/173202
Published in:
Agricultural Economics: The Journal of the International Association of Agricultural Economists, Volume 09, Issue 3
Page range:
203-214
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-27

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