IDEAS home Printed from https://ideas.repec.org/p/ags/aaae16/249326.html
   My bibliography  Save this paper

Risk analysis in innovation system: a case - study of production of Vitamin A cassava variety among farmers in Nigeria

Author

Listed:
  • Ayinde, O.E.

Abstract

Every innovation is targeted towards adoption; a process which involves several levels of risks. Bio-fortified Vitamin A cassava variety is an innovation targeted not only to solve the yield of farmers but to increase the nutritional intake of Nigerian household. The research specifically seeks to investigate; the risks involved in the adoption of vitamin A cassava variety; the risk attitude of cassava farmers; and the factors that affect farmers risk attitude to the production of vitamin A cassava. 4-stage random sampling procedure was used to primarily select 240 farmers; descriptive statistics, Likert scale, Safety first utility approach and ordinary least square regression model were the tool of analysis. The study revealed that risks involved in adoption of the cassava variety include animal invasion, price fluctuation, and poor storage facilities. Majority of the farmers 88.3% are risk neutral, only 16% are risk takers; it also revealed that age, income from other activities and estimated annual income are the determinants of risk attitude. It is therefore recommended that; effort should be geared toward making adequate vitamin A bio-fortified cassava varieties available to young farmers; grazing reserved should be provided to reduce the risk and effort should be intensified to reduce price volatility for improved products

Suggested Citation

  • Ayinde, O.E., 2016. "Risk analysis in innovation system: a case - study of production of Vitamin A cassava variety among farmers in Nigeria," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 249326, African Association of Agricultural Economists (AAAE).
    • Handle: RePEc:ags:aaae16:249326
    DOI: 10.22004/ag.econ.249326
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/249326/files/171.%20Risk%20analysis%20in%20innovation%20systems%20in%20Nigeria.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.249326?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
    ---><---

    References listed on IDEAS

    as
    1. Jutta Roosen & David A. Hennessy, 2003. "Tests for the Role of Risk Aversion on Input Use," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 30-43.
    2. Frank Ellis, 2000. "The Determinants of Rural Livelihood Diversification in Developing Countries," Journal of Agricultural Economics, Wiley Blackwell, vol. 51(2), pages 289-302, May.
    3. Mwangi, Wilfred & Mwabu, Germano & Nyangito, Hezron Omare, 2006. "Does Adoption of Improved Maize Varieties Reduce Poverty? Evidence from Kenya," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25376, International Association of Agricultural Economists.
    4. Edgardo Moscardi & Alain de Janvry, 1977. "Attitudes Toward Risk Among Peasants: An Econometric Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 59(4), pages 710-716.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. A Kolapo & OV Ogunyemi & OM Ologundudu & IA Adekunle & MO Akinloye & F Komolehin, 2021. "Farmers’ choice of varieties and demand for improved cassava stems in Nigeria," International Journal of Agricultural Research, Innovation and Technology (IJARIT), IJARIT Research Foundation, vol. 11(2), December.
    2. Akanbi, Sheu-Usman Oladipo & Adekunle, Adedayo Olufemi & Mukaila, Ridwan & Isola, Abiodun Johnson, 2022. "Assessment of Crop Farmers' Attitude to Risk and Management Methods in Oyo State, Nigeria," Western Balkan Journal of Agricultural Economics and Rural Development (WBJAERD), Institute of Agricultural Economics, vol. 4(01), June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Korir, Luke Kipkurgat, 2011. "Risk Management Among Agricultural Households And The Role Of Off-Farm Investments In Uasin Gishu County, Kenya," Research Theses 117806, Collaborative Masters Program in Agricultural and Applied Economics.
    2. Robinson, Lance W. & Ericksen, Polly J. & Chesterman, Sabrina & Worden, Jeffrey S., 2015. "Sustainable intensification in drylands: What resilience and vulnerability can tell us," Agricultural Systems, Elsevier, vol. 135(C), pages 133-140.
    3. Chai, Yuan & J. Pannell, David & G. Pardey, Philip, 2023. "Nudging farmers to reduce water pollution from nitrogen fertilizer," Food Policy, Elsevier, vol. 120(C).
    4. Aniseh S. Bro, 2020. "Climate Change Adaptation, Food Security, and Attitudes toward Risk among Smallholder Coffee Farmers in Nicaragua," Sustainability, MDPI, vol. 12(17), pages 1-17, August.
    5. Rao, Nitya, 2017. "Assets, Agency and Legitimacy: Towards a Relational Understanding of Gender Equality Policy and Practice," World Development, Elsevier, vol. 95(C), pages 43-54.
    6. Drafor, Ivy & Kunze, Dagmar & Sarpong, Daniel Bruce, 2013. "Food Security: How Rural Ghanaian Households Respond to Food Shortages in Lean Season," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 2(4), pages 1-8, July.
    7. World Bank, 2005. "Ethiopia : Well-Being and Poverty in Ethiopia, The Role of Agriculture and Agency," World Bank Publications - Reports 8707, The World Bank Group.
    8. Jan Fałkowski & Maciej Jakubowski & Paweł Strawiński, 2014. "Returns from income strategies in rural Poland," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 22(1), pages 139-178, January.
    9. Clay, Nathan & King, Brian, 2019. "Smallholders’ uneven capacities to adapt to climate change amid Africa’s ‘green revolution’: Case study of Rwanda’s crop intensification program," World Development, Elsevier, vol. 116(C), pages 1-14.
    10. Babigumira, Ronnie & Angelsen, Arild & Buis, Maarten & Bauch, Simone & Sunderland, Terry & Wunder, Sven, 2014. "Forest Clearing in Rural Livelihoods: Household-Level Global-Comparative Evidence," World Development, Elsevier, vol. 64(S1), pages 67-79.
    11. Brett A Bryan & Jianjun Huai & Jeff Connor & Lei Gao & Darran King & John Kandulu & Gang Zhao, 2015. "What Actually Confers Adaptive Capacity? Insights from Agro-Climatic Vulnerability of Australian Wheat," PLOS ONE, Public Library of Science, vol. 10(2), pages 1-20, February.
    12. Bjornlund, Henning & Zuo, Alec & Wheeler, Sarah Ann & Parry, Karen & Pittock, Jamie & Mdemu, Makarius & Moyo, Martin, 2019. "The dynamics of the relationship between household decision-making and farm household income in small-scale irrigation schemes in southern Africa," Agricultural Water Management, Elsevier, vol. 213(C), pages 135-145.
    13. Asci, Serhat & Borisova, Tatiana & VanSickle, John J., 2015. "Role of economics in developing fertilizer best management practices," Agricultural Water Management, Elsevier, vol. 152(C), pages 251-261.
    14. Wendy Olsen & University of Manchester, 2005. "Pluralism, Poverty and Sharecropping: Cultivating Open-Mindedness in Development Studies," Economics Series Working Papers GPRG-WPS-008, University of Oxford, Department of Economics.
    15. Debelo Bedada Yadeta & Fetene Bogale Hunegnaw, 2022. "Effect of International Remittance on Economic Growth: Empirical Evidence from Ethiopia," Journal of International Migration and Integration, Springer, vol. 23(2), pages 383-402, June.
    16. Deep Narayan Pandey, 2005. "Multifunctional Agroforestry Systems In India For Livelihoods: Current Knowledge And Future Challenges," Working Papers id:204, eSocialSciences.
    17. Food Security and Agricultural Projects Analysis Service (ESAF), 2004. "Food insecurity and vulnerability in Viet Nam: Profiles of four vulnerable groups," ESA Working Papers 23798, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    18. Mutenje, Munyaradzi & Kankwamba, Henry & Mangisonib, Julius & Kassie, Menale, 2016. "Agricultural innovations and food security in Malawi: Gender dynamics, institutions and market implications," Technological Forecasting and Social Change, Elsevier, vol. 103(C), pages 240-248.
    19. Atsede Desta Tegegne & Marianne Penker, 2016. "Determinants of rural out-migration in Ethiopia: Who stays and who goes?," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 35(34), pages 1011-1044.
    20. Christophe Bene, 2009. "Are Fishers Poor or Vulnerable? Assessing Economic Vulnerability in Small-Scale Fishing Communities," Journal of Development Studies, Taylor & Francis Journals, vol. 45(6), pages 911-933.

    More about this item

    Keywords

    Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:aaae16:249326. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: https://edirc.repec.org/data/aaaeaea.html .

    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.