Farmers’ risk aversion, loss aversion and climate change adaptation strategies in Wushen Banner, China
Datos Bibliográficos
| ID | 21600336 |
|---|---|
| Autores | Jianjun Jin (0000-0002-0107-7857, Beijing Normal University, autor de correspondencia), Tong Xuhong (Zhejiang Technical Institute of Economics), Xinyu Wan (0000-0001-7538-0034, Beijing Normal University), Rui He (0000-0002-9263-5913, Beijing Normal University), Foyuan Kuang (Beijing Normal University), Jing Ning (0000-0001-9533-6700, Beijing Normal University) |
| Año | 2020 |
| Volumen | 63 |
| Número | 14 |
| Páginas | 2593-2606 |
| Fecha de publicación | 2020-12-05 |
| Peer Reviewed | Sí |
| Open Access | No |
| Tipo | ARTICLE |
| Revista | Journal of Environmental Planning and Management (JOURNAL) |
| Identificadores de la revista | ISSN: 0964-0568 • E-ISSN: 1360-0559 |
| Editorial | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/09640568.2020.1742098 |
| OpenAlex | W3020716454 |
| Idioma | EN |
| Citas recibidas | 11 |
| Referencias citadas | 35 |
This study examines the effects of farmers’ risk aversion and loss aversion on their climate change adaptation strategies. Farmers’ risk aversion and loss aversion were elicited using incentive-compatible risk experiments. Face-to-face interviews were conducted to collect information on their climate change adaptation strategies in Wushen Banner in China. The logistic regression analysis results indicated that farmers’ loss aversion is consistently and positively associated with choices across adaptation behaviors, indicating that more loss-averse farmers are more likely to improve irrigation, access to credit and increase rotation. The effects of farmers’ risk aversion on adaptation practices are mixed. Farmers’ risk aversion is negatively and significantly related to adaptation strategies on changing or increasing irrigation, but positively associated with crop diversification, accessing credit, increasing rotation and planting new crop varieties. Other socioeconomic factors, such as farmers’ educational attainment and household income, also have significant and positive effects on farmers’ adaptation practices
Banner · Business · China · Climate change · Climate change adaptation · Economics · Environmental economics · Expected utility hypothesis · Financial economics · Geography · Loss aversion · Microeconomics · Natural resource economics · Political science · Agricultural Innovations and Practices · Agricultural risk and resilience · Climate change impacts on agriculture · Psychology · Ecology
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| Obras citantes distintas | 11 |
|---|---|
| Citas por año | 2,2 |
| Intervalo de citas | 2021 - 2026 (6) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 10 |