Mémoires

Effect of Poverty on risk attitudes of Farmers in Benue State, Nigeria

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Auteurs-es

NZENWA, GOODNESS C.
Departement of : AGRICULTURAL ECONOMICS , University of Nigeria,Nsukka
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Mots-clés :

Poverty farmers risk risk management risk attitudes

Synopsis

The study investigated the Effects of Poverty on the Risk Attitudes of
Farmers in Benue State, Nigeria. Nigeria has remained one of the poorest
countries in the world and Benue State in particular was ranked the eight poorest
of the thirty-six states of the Federation. The dominance of the oil sector and the
consequent neglect of agricuiturai sector is one of the major precursors of
poverty in Nigeria. Small-scale farmers who operate in an environment
characterized by risk and uncertainty produce the bulk of Nigeria's food and fibre.
Presently, the Nigerian agriculture is characterized by low productivity, low level
of technological adoption, and use of inefficient production techniques. The
present poor state of the Nigerian agriculture is related to farmers' attitudes
towards risks in the production and socioeconomic environment.
Based on the above problems the specific objectives of the study
were to: determine the extent of poverty among farmers in Benue State; identify
the various risk situations faced and risk aversion strategies employed by
farmers with differing poverty levels; assess the risl< attitudes of farmers; and
determine the effect of poverty and socioeconomic variables on risk attitudes of
the farmers.

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Références

  1. Adegbite, D.A. and J.O. Akintola (2002) "Poverty and Microfinance: Analysis of Repayment Performance of Loan Beneficiaries in Nigerian Agricultural Cooperative Bank, Ogun State". A Paper Presented at 1 ift Annual Conference of Farm Management Association of Nigeria (FAMAN) 22 - 24th Oct, 2002. Abuja Pp 1-3 ·
  2. Adegeye, A.J. and J.S. Ditto (1985) Essentials of Agricultural Economics (N~w Edition). Impact Publishers Nig. Ltd, lbadan. Pp 106-126.
  3. Adeyemo, K. and 0. Ajobo (1990) Risk Aversion Measures by Nigerian Cooperative Agricultural Producers. /fe Journal of Agricultural Economics Vol 12, Nos 1 and 2
  4. Ajakaiye, 0.0. and Adeyeye, V.A. (2002) Concepts, Measurement and Causes of Poverty. Central Bank of Nigeria Economic and Financial Review vol. 39 No. 4
  5. Aken-Ova, M.E. (1988) "Risk Factors in Arable Crop Production", Paper Presented at the Training Workshop on Risk Management and Administration of an Agric Insurance in Nigeria, University of lbadan.
  6. Alabama Agriqultural & Mechanical University (2003) Risk Overview. Small Farmers Research Centre Fact Sheet. Pp 1-2.
  7. Anderson, J.R. and J.B. Hardaker (2002) "Risk Aversion in Economic Decision Making: Pragmatic Guides for Consistent Choice by Natural Resource Managers". Paper Prepared for the International Conference "Risk and Uncertainty in Environmental and Resource Economics" Wageningen International Conference Centre, the Netherlands, 5-7 June 2002. Pp 2-10
  8. Betti, G., A. D'Agostino and L. Neri (2000) Panel Regression Models for Measuring Multidimensional Poverty Dynamics, Pp 1-4
  9. Binswanger, H.P. (1980) Attitude Towards Risk: Experimental Measurement in India, Amer. J. of Agric. Economics Vol. 62: 395-407
  10. Binswanger, H.P. (1981) Attitude Towards Risk: Theoretical Implications of an Experiment in Rural India. Economics Journal, Vol. 91: 867-890
  11. BNARDA (1998) The Impact of Benue State Agricultural and Rural Development Authority (BNARDA) on Agriculture and Rural Development in Benue State. Pp. 2-4
  12. BNARDA (2000) Agricultural Production Recommendation for Benue State. Extension Bulletin no.3 Pp. 1-20

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memoire complete

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juillet 25, 2005

Langue

Anglais

Séries

Mémoires
© CODESRIA Books Publication System 2005

Renseignements à propos de cette monographie

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APA C., N. G. (2005). Effect of Poverty on risk attitudes of Farmers in Benue State, Nigeria. CODESRIA. https://doi.org/10.57054/codesria.pub.1032

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Chicago C., NZENWA, GOODNESS. Effect of Poverty on risk attitudes of Farmers in Benue State, Nigeria. Dakar: CODESRIA, 2005. https://doi.org/10.57054/codesria.pub.1032.

MLA C., NZENWA, GOODNESS. Effect of Poverty on risk attitudes of Farmers in Benue State, Nigeria. CODESRIA, 2005. https://doi.org/10.57054/codesria.pub.1032.

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