A Risk Responsive Acreage Response Function for Millet in Niger |
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| Authors: | Akinwumi A Adesina B Wade Brorsen |
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| Institution: | 1. Department of Economics and Statistics, University of Naples Federico II, Italy;2. Department of Industrial Engineering, University of Naples Federico II, Italy |
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| Abstract: | 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. |
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