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• W1976720908 abstract "This paper studies the impact of poverty and uninsured consumption risk on incentives to invest in soil conservation. A stochastic dynamic model is used to show how consumption risks and costs of investment influence incentives to adopt soil conservation measures on low-income farms. The model is calibrated using production data from hillside farms in the Philippines. Simulations with the model demonstrate how the value of soil conservation depends on the cost of investing, the risk characteristics of the soil conservation method and differences among households in capacity to bear risk. Model predictions are compared with empirical adoption patterns, as described by a probit model and nonparametric kernel regressions of adoption probability. Empirical findings show how differences in farm size, tenure security, risk exposure, and access to credit help to explain patterns of soil conservation adoption. Implications for policy are discussed." @default.
• W1976720908 created "2016-06-24" @default.
• W1976720908 creator A5009249491 @default.
• W1976720908 date "2001-08-01" @default.
• W1976720908 modified "2023-10-17" @default.
• W1976720908 title "Poverty, consumption risk, and soil conservation" @default.
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• W1976720908 doi "https://doi.org/10.1016/s0304-3878(01)00137-7" @default.
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