A Risk Responsive Acreage Response Function for Millet in Niger

Adesina, Akinwumi A.; Brorsen, B. Wade

doi:10.22004/ag.econ.172044

A Risk Responsive Acreage Response Function for Millet in Niger

In this paper the impact of price risk on millet production in Niger is investigated. The hypothesis that farmers respond to output price risk is tested. The results indicate that millet acreage planted decreased when millet price risk increased or when price risk of the competing crop decreased and therefore farmers do respond to changes in risk.

Subject(s):

Production Economics
Risk and Uncertainty

Issue Date:

1987-10

Publication Type:

Journal Article

DOI and Other Identifiers:

10.22004/ag.econ.172044

Record Identifier:

https://ageconsearch.umn.edu/record/172044

PURL Identifier:

http://purl.umn.edu/172044