Arbeitspapier

Risk and time preferences of farmers in India and Indonesia

This cross-country study compares risk and time preferences of farmers from two lower-middle income countries, India and Indonesia. Current literature mainly focuses on a single country context; however, this study involves more than one country. Hence, we could investigate whether the individual preferences of farmers from two countries with similar income level are the same. The preferences are key for the policymakers to make informed policy decisions regarding investments and acceptance of development programs. Our study involved 1,528 farmers. The risk and time preferences were elicited using incentivised experiments and simultaneously estimated following the joint-estimation-method by Andersen et al. (2008). Results show that the farmers in India show a higher level of risk aversion and lower discount rates, even though very high discount rates were encountered in both countries. As a result, policymakers should consider implementing policies to deal with high discount rates causing poverty and lack of investment.

Sprache
Englisch

Erschienen in
Series: EFForTS Discussion Paper Series ; No. 32

Klassifikation
Wirtschaft
Thema
Cross-country dataset
lower-middle income countries
risk preferences
smallholder farmers
time preferences

Ereignis
Geistige Schöpfung
(wer)
Sawosri, Arieska Wening
Mußhoff, Oliver
Ereignis
Veröffentlichung
(wer)
GOEDOC, Dokumenten- und Publikationsserver der Georg-August-Universität
(wo)
Göttingen
(wann)
2020

Handle
URN
urn:nbn:de:gbv:7-webdoc-4004-7
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sawosri, Arieska Wening
  • Mußhoff, Oliver
  • GOEDOC, Dokumenten- und Publikationsserver der Georg-August-Universität

Entstanden

  • 2020

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