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Consumption risk, technology adoption, and poverty traps: evidence from Ethiopia.

Abstract:

Much has been written on the determinants of input and technology adoption in agriculture, with issues such as input availability, knowledge and education, risk preferenc es, profitability, and credit constraints receiving much attention. This paper focuses on a factor that has been less well documented-the differential ability of households to take on risky production technologies for fear of the welfare consequences if shocks result in poor harvests. Building on an explicit model, this is e...

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Stefan Dercon More by this author
Luc Christiaensen More by this author
Volume:
WPS/2007-06
Series:
Working Papers
Publication date:
2007
URN:
uuid:51d6edb6-f9ae-4850-9885-e47a27271f07
Local pid:
oai:economics.ouls.ox.ac.uk:12051
Language:
English

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