Farmers’ acceptance of the income stabilisation tool: a discrete choice experiment application

IF 3.3 2区经济学 Q2 AGRICULTURAL ECONOMICS & POLICY

European Review of Agricultural Economics Pub Date : 2023-07-24 DOI:10.1093/erae/jbad025

T. Čop, Simone Cerroni, M. Njavro

引用次数: 2

Abstract

The income stabilisation tool (IST) is the latest tool proposed by the European Union (EU) to manage agricultural risks. It aims at stabilising farm income by compensating income losses. Using a discrete choice experiment, this paper investigates grapevine farmers’ acceptance of the IST in Croatia and tests whether behavioural factors such as risk preferences, probability weighting and subjective probabilities related to future farm income explain acceptance of this new tool. Results suggest that there is demand for the IST. Pessimistic farmers are more likely to participate in the IST than others, suggesting that subjective probabilities influence farmers’ decisions about agricultural risk management.

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农民对收入稳定工具的接受:一个离散选择实验应用

收入稳定工具(IST)是欧盟(EU)提出的管理农业风险的最新工具。它旨在通过补偿收入损失来稳定农业收入。采用离散选择实验，本文调查了克罗地亚葡萄种植者对IST的接受程度，并测试了风险偏好、概率加权和与未来农场收入相关的主观概率等行为因素是否解释了这种新工具的接受程度。结果表明，对IST有需求。悲观的农民比其他人更有可能参与IST，这表明主观概率影响了农民关于农业风险管理的决策。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Review of Agricultural Economics 管理科学-农业经济与政策

CiteScore

6.60

自引率

5.90%

发文量

审稿时长

>24 weeks

期刊介绍： The European Review of Agricultural Economics serves as a forum for innovative theoretical and applied agricultural economics research. The ERAE strives for balanced coverage of economic issues within the broad subject matter of agricultural and food production, consumption and trade, rural development, and resource use and conservation. Topics of specific interest include multiple roles of agriculture; trade and development; industrial organisation of the food sector; institutional dynamics; consumer behaviour; sustainable resource use; bioenergy; agricultural, agri-environmental and rural policy; specific European issues. Methodological articles are welcome. All published papers are at least double peer reviewed and must show originality and innovation. The ERAE also publishes book reviews.