IDEAS home Printed from https://ideas.repec.org/a/ags/pojard/355931.html
   My bibliography  Save this article

Where do risks in shrimp farming come from? Empirical results from small farmers in East Java, Indonesia

Author

Listed:
  • Lestariadi, Riski A.
  • Yamao, Masahiro

Abstract

This study was conducted to explore small-scale shrimp farmers’ perception of risk and risk management. The data used originated from a field survey in the southern and northern coasts of East Java, Indonesia. According to the results, there are 32 risk sources, including shrimp price volatility and high mortality due to shrimp diseases as the most important ones. The exploratory factor analysis showed that the risks in small-scale shrimp farming derived from 8 factors: input and pond preparation; finance and credit access; production; personal aspects; harvesting and marketing; weather and environment; policy and institutional aspects; and business environment. The results also revealed that the shrimp farmers’ perception of risk could significantly influence their risk management behavior. Furthermore, nine factors were identified for risk management strategies, including disease prevention; education and technology improvement; production inputs; farm management; government support; risk sharing and insurance; financial aspects; household adjustment; and alternative income sources.

Suggested Citation

  • Lestariadi, Riski A. & Yamao, Masahiro, 2018. "Where do risks in shrimp farming come from? Empirical results from small farmers in East Java, Indonesia," Journal of Agribusiness and Rural Development, University of Life Sciences, Poznan, Poland, vol. 47(1), January.
    • Handle: RePEc:ags:pojard:355931
    DOI: 10.22004/ag.econ.355931
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/355931/files/Risk.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.355931?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Farm Management; Risk and Uncertainty;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pojard:355931. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.jard.edu.pl/en/main .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.