Beta
ManageSearchChatDiscover
204185

Socioeconomic Characteristics of Rice Growers and Their Perceptions of Risk Management Strategies

Article

Last updated: 04 Jan 2025

OverviewSimilar Items

Subjects

-

Tags

-

Abstract

Rice crop is an important grain crop all over the world and innumerable risks can make rice crop highly vulnerable, leading to undesirable impact on crop productivity as well as farmers' livelihood. Risk is a likelihood of a negative outcome which is capable of distorting business ideas especially when such risks are poorly managed. This paper specially examined rice farmers profile, risk sources, risk management strategies and determinants of choice of risk management strategies. Simple random sampling technique was adopted for sample selection. The collected data was analyzed by using descriptive statistics and ordered Probit regression. The likelihood ratio statistics as indicated by χ (48.50) were highly significant (P<0.0019) and this also suggested that the model has a strong explanatory power. Gender, age, extension contacts, education and farming experience were major determinants of risk management strategies. It therefore recommended the provision of accessible and affordable formal education in order to enhance farmers' skills and productivity in rice production.

DOI

10.21608/ejar.2021.77530.1112

Keywords

crop productivity, Risk management strategy, Rice production Risks, Risks in Rice Marketing, Risk Management in Rice Production

Authors

First Name

Wardah

Last Name

Qamar

MiddleName

-

Affiliation

Adaptive Research Farm, Sheikhupura, Punjab, Pakistan

Email

wardahkahloon3@gmail.com

City

Faisalabad

Orcid

-

First Name

Muhammad

Last Name

Younis

MiddleName

-

Affiliation

Punjab Agriculture Research Board, Lahore, Pakistan

Email

younismohammad123@gmail.com

City

lahore

Orcid

-

Volume

99

Article Issue

4

Related Issue

29093

Issue Date

2021-12-01

Receive Date

2021-05-25

Publish Date

2022-01-17

Page Start

497

Page End

503

Print ISSN

1110-6336

Online ISSN

2812-4936

Article File

EJAR_Volume 99_Issue 4_Pages 497-503.pdf

PDF . 451.8kB

Link

https://ejar.journals.ekb.eg/article_204185.html

Detail API

https://ejar.journals.ekb.eg/service?article_code=204185

Order

11

Type

Original Article

Type Code

1,041

Publication Type

Journal

Publication Title

Egyptian Journal of Agricultural Research

Publication Link

https://ejar.journals.ekb.eg/

MainTitle

Socioeconomic Characteristics of Rice Growers and Their Perceptions of Risk Management Strategies

Details

Type

Article

Created At

22 Jan 2023