Cooperation and innovation under production risk: evidence from a lab-in-the-field experiment

IF 2.4 Q2 AGRICULTURAL ECONOMICS & POLICY
Karoll Gómez, Santiago Arango Aramburo, Daniel Restrepo Soto
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引用次数: 1

Abstract

PurposeThis study analyzes the role of cooperative behavior in facing the risk of encouraging innovative agricultural production projects by small-scale farmers in the context of farmers in developing countries.Design/methodology/approachA within-subjects field experiment was conducted with small-scale Colombian panela cane farmers. The authors used the collected data to run the regression analyses.FindingsThe results suggest that when small farmers can follow cooperative behavior by joining a group and pooling resources to face risk, they are more willing to invest in a novel and profitable alternative, albeit riskier. However, the possibility of cooperating with a group to invest in a novel production project depends on its expected risk level.Research limitations/implicationsThese results will help develop agricultural policies for sustainable development. Establishing informal networks for small-scale farmers to deal with unpredictable risks may aid in developing innovative systems.Social implicationsAgriculture is highly vulnerable to climatic impacts, which, combined with the inherent risk of innovation, may reduce small farmers' willingness to adopt innovation. Cooperation appears to be a mechanism for pooling resources and facing risk.Originality/valueResearch has focused on experimentally testing the effect of cooperative behavior when facing risk. The authors contribute to the literature by demonstrating the impact of the ability of small-scale farmers in rural areas to collectively manage risk on investment in innovative projects.
生产风险下的合作与创新:来自实验室现场实验的证据
目的本研究分析了发展中国家农民在面对鼓励小规模农民创新农业生产项目的风险时合作行为的作用。设计/方法/方法对哥伦比亚小规模种植甘蔗的农民进行了受试者内田间试验。作者使用收集的数据进行回归分析。研究结果表明,当小农户能够通过加入一个团体并集中资源来面对风险来遵循合作行为时,他们更愿意投资于一种新颖且有利可图的替代方案,尽管风险更大。然而,与一个集团合作投资一个新的生产项目的可能性取决于其预期的风险水平。研究局限性/影响这些结果将有助于制定可持续发展的农业政策。为小规模农民建立非正式网络以应对不可预测的风险可能有助于开发创新系统。社会影响农业极易受到气候影响,再加上创新的固有风险,可能会降低小农户采用创新的意愿。合作似乎是一种汇集资源和面对风险的机制。独创性/价值研究专注于通过实验测试面对风险时合作行为的效果。作者通过证明农村地区小规模农民集体管理风险的能力对创新项目投资的影响,为文献做出了贡献。
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来源期刊
CiteScore
4.60
自引率
37.50%
发文量
58
期刊介绍: The Journal of Agribusiness in Developing and Emerging Economies publishes double-blind peer-reviewed research on issues relevant to agriculture and food value chain in emerging economies in Asia, Africa, Latin America and Eastern Europe. The journal welcomes original research, particularly empirical/applied, quantitative and qualitative work on topics pertaining to policies, processes, and practices in the agribusiness arena in emerging economies to inform researchers, practitioners and policy makers
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