Herders' risk preference and grassland transfer strategy

Evidence from a field experiment in pastoral areas of China

Bibliographic Data

ID21649114
AuthorsShiqi Guan (0009-0009-8419-9224, School of Economics, Central University of Finance and Economics Beijing China), Zeng Tang (State Key Laboratory of Herbage Improvement and Grassland Agro‐ecosystems, College of Pastoral Agriculture Science and Technology, Lanzhou University Lanzhou China, corresponding author), Menglin Zhao (State Key Laboratory of Herbage Improvement and Grassland Agro‐ecosystems, College of Pastoral Agriculture Science and Technology, Lanzhou University Lanzhou China), Yiwen Li (0000-0002-6608-9680, School of Economics, Central University of Finance and Economics Beijing China)
Year2024
Volume35
Issue15
Pages4508-4520
Publication date2024-09-01
Open AccessYes
TypeARTICLE
VenueLand Degradation and Development (JOURNAL)
Journal identifiersISSN: 1085-3278 • E-ISSN: 1099-145X
PublisherWiley (PUBLISHER • GB)
DOI10.1002/ldr.5236
OpenAlexW4401040420
LanguageEN
Citations received2
References cited49

Encouraging and guiding herders to participate in grassland transfer promotes the high‐quality development of grassland animal husbandry. We conducted a survey among 356 herders from Qinghai and Gansu provinces in China, to explore the impact of herders' risk preference and perceptions on their grassland transfer strategies. We used experimental economics methods to measure the risk preferences of herders. Our results indicate that the majority of herders exhibit risk‐averse attitudes. A theoretical model was used to establish hypotheses on the relationship between risk preference and grassland transfer decision‐making. The double‐hurdle model and moderating effect model were used to test these hypotheses. Our analysis shows that herders' risk preferences have a significant negative effect on their decisions to engage in grassland transfer. Both risk preferences and risk perception have a significant impact on grassland transfer‐in decisions, but no significant impact on grassland transfer‐out. A heterogeneity analysis revealed that the impact of risk preferences on grassland transfer participation is more pronounced among herders in Qinghai compared to those in Gansu. Moreover, we found that risk perception plays a moderating role on the influence of risk preferences on decisions regarding grassland transfer. These findings are crucial to formulate strategies for the sustainable management of the grassland transfer market

Agroforestry · Archaeology · Biology · China · Economics · Geography · Grassland · Preference · Conservation, Biodiversity, and Resource Management · Environmental Science · Rangeland Management and Livestock Ecology · Wildlife Ecology and Conservation · Ecology

Tools

Open DOIOpen Access