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- W4387245514 abstract "This chapter analyzes the effects of farmers’ risk-reducing strategies on productivity, which is a measure of food security. The production function is generalized to augment risk-reducing strategies variables. We used a semi-parametric smooth-coefficient (SPSC) framework in the estimation. The novelty of the SPSC approach is that it can explain the direct and indirect channels through which applying risk-reducing strategies to inputs can influence productivity. We examine four broad types of risk-reducing strategies, namely, farm diversification, the use of risk-reducing market-based instruments, the adoption of good agricultural practices (GAPs), and access to off-farm income sources. Using 2016 farm-level data from smallholder onion growers in India, we find that farm diversification and the use of GAPs as risk-reducing strategies for high-value onion crops significantly enhance productivity. Farm diversification enhances productivity by expanding the maximum revenue potential of a portfolio of combined agricultural enterprises. Finally, we find that smallholder onion farmers are operating at increasing returns to scale, which suggests that the growers could further increase productivity by increasing farm size or reducing production costs." @default.
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- W4387245514 date "2023-10-02" @default.
- W4387245514 modified "2023-10-03" @default.
- W4387245514 title "Assessing the Impact of Risk-Reducing Strategies on Food Security: Evidence from an Emerging Economy" @default.
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- W4387245514 doi "https://doi.org/10.1079/9781800622289.0005" @default.
- W4387245514 hasPublicationYear "2023" @default.
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