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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 preferences, 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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Authors


Stefan Dercon More by this author
Luc Christiaensen More by this author
Journal:
Journal of Development Economics
Volume:
96
Issue:
2
Publication date:
2011
DOI:
URN:
uuid:972a29b4-758d-4353-981e-1f941fd0381e
Local pid:
oai:economics.ouls.ox.ac.uk:14921
Language:
English

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