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Households' Risk Perception of Pig Farming in Vietnam: A Case Study in Quynh Phu District, Thai Binh Province

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  • Huong, Nguyen
  • Nanseki, Teruaki

Abstract

This research was conducted to explore households' overall perception of risk in pig farming and its relations to households' socioeconomic factors in Vietnam. The results reveal that meat price, epidemic diseases, and production cost are perceived as the most important sources of risk in pig farming. Supports from the government are associated with households' perception of less risk in information, market access and feed quality. Therefore, the government could have an important role to play in encouraging the growth of the pig farming sector by, for example, supporting households in contract farming, establishing information channels, and management market systems.

Suggested Citation

  • Huong, Nguyen & Nanseki, Teruaki, 2015. "Households' Risk Perception of Pig Farming in Vietnam: A Case Study in Quynh Phu District, Thai Binh Province," Japanese Journal of Agricultural Economics (formerly Japanese Journal of Rural Economics), Agricultural Economics Society of Japan (AESJ), vol. 17, pages 1-6.
    • Handle: RePEc:ags:jpjjre:242115
    DOI: 10.22004/ag.econ.242115
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    References listed on IDEAS

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    1. Harwood, Joy L. & Heifner, Richard G. & Coble, Keith H. & Perry, Janet E. & Somwaru, Agapi, 1999. "Managing Risk in Farming: Concepts, Research, and Analysis," Agricultural Economic Reports 34081, United States Department of Agriculture, Economic Research Service.
    2. Lapar, Ma. Lucila A. & Nguyen, Ngoc Toan & Staal, Steven J. & Minot, Nicholas & Tisdell, Clement A. & Nguyen, Ngoc Que & Nguyen, Do Anh Tuan, 2012. "Smallholder competitiveness: insights from household pig production systems in Vietnam," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126820, International Association of Agricultural Economists.
    3. Tisdell, Clement A., 2008. "Structural Transformation in the Pig Sector in an Adjusting Vietnam Market: A Preliminary Investigation of Supply-side Changes," Economic Theory, Applications and Issues Working Papers 90619, University of Queensland, School of Economics.
    4. Gilbert Nartea & Satit Aditto & Christopher Gan, 2012. "Sources of Risk and Risk Management Strategies: The Case of Smallholder Farmers in a Developing Economy," Chapters, in: Nerija Banaitiene (ed.), Risk Management - Current Issues and Challenges, IntechOpen.
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    Keywords

    Risk and Uncertainty;

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