Vegetable Farmers’ Perception of Production Risk Sources and Environmental Aspects – Descriptive Statistical Analysis and Multifactorial Linear Regression

Abstract

Farmers make decisions with incomplete information. Industrial producers can determine the number of products they produce using different inputs. Farmers find it impossible. The paper aims to measure farmers’ perception of sources of production risk. For this purpose, a questionnaire was designed based on the researched literature and the reality of the farms. We conducted face-to-face interviews with 260 farmers to assess how they assess sources of production risk. We measured perception using a 1-to-5 Likert scale psychometric rating. From the descriptive statistical analysis, the perception of the farmers for the production risk is very high. Also, the perception of the five sources of risk (drought, flooding, low temperature, non-quality factors of production, and damage) varies from high to very high. While from the regression analysis, the statistically significant variables are drought and flood. Their impact is 86% on production risk.