Tạp chí: The 1stASEAN University Symposium for Sustainable Food and Hybrid Systems, Faculty of Economics, Kasetsart Universit, Bangkok, Thailand, April 18th - 19th, 2024
The paper is aimed at measuring the risk attitude of maize farmers and testing the relationship between farmers' risk attitudes and optimal use of inputs in production. The experimental method of Eckel and Grossman (2002) associated with the constant partial risk utility function was employed to measure the farmers’ risk attitude. Then, allocative efficiency coefficients were calculated from the output elasticities of inputs estimated from the Cobb-Douglas production function associated with the profit-maximizing condition in using inputs. The data was collected from a survey of 130 farm households located in large and concentrated maize production areas in the Mekong Delta. It is found that the majority of farmers are found to be risk-averse, accounting for 69.05%. Generally, the more risk averse the farmers are, the less purchased inputs are used in production. Then, most of farmers are not able to maximize profits.
Tạp chí: International Conference on Science, Technology, and Innovation for Sustainable Development (STISD 2023), August 25-27, 2023, in Saigon Hi-Tech Park, Ho Chi Minh City, Viet Nam
Tạp chí: International Scientific Conference Proceedings. Enhancing cooperation to promote sustainable tourism in response to climate change, the fourth industrial revolution and artificial intelligence. Địa điểm: Đại học Nam Cần Thơ. Thời gian: Tháng 4/2024
Tạp chí khoa học Trường Đại học Cần Thơ
Lầu 4, Nhà Điều Hành, Khu II, đường 3/2, P. Xuân Khánh, Q. Ninh Kiều, TP. Cần Thơ
Điện thoại: (0292) 3 872 157; Email: tapchidhct@ctu.edu.vn
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