Risks and returns from soil conservation: evidence from low-income farms in the Philippines

Vista sencilla de ítem
dc.creatorShively, Gerald E.
dc.date2017-04-01T19:38:59Z
dc.date.accessioned2026-07-09T08:11:47Z
dc.descriptionThis paper examines risks and returns associated with soil conservation on hillside farms in the Philippines. Stochastic efficiency analysis is combined with a heteroskedastic regression model to assess the impacts of contour hedgerows on lowincome corn farms. Regression analysis indicates that, over time, contour hedgerows can improve yields up to 15% compared with conventional practices. The analysis also provides weak support for a hypothesis that hedgerows are variance reducing. However, results show that the reduction in yield variability afforded by hedgerows is modest, and that yield variability may increase by as much as 5% as hedgerow intensity rises. Tests for stochastic dominance show that, compared with the conventional tillage system, hedgerows do not constitute an unambiguously dominant production strategy. Stochastic efficiency with respect to a function is used to identify a range for the coefficient of relative risk aversion within which hedgerows dominate conventional tillage. Results suggest this range would be rather high; hedgerows dominate the conventional cropping strategy only for decision-makers with relative risk aversion coefficients in the range 3-5.5. Implications for soil conservation adoption in low-income settings are discussed. © 1999 Elsevier Science B.V. All rights reserved.
dc.identifierdoi:10.22004/ag.econ.175071
dc.identifierhttps://ageconsearch.umn.edu/record/175071/files/agec1999v021i001a005.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/175071
dc.identifier.urihttp://hdl.handle.net/123456789/596555
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/175071
dc.titleRisks and returns from soil conservation: evidence from low-income farms in the Philippines
dc.typeText

Archivos

Colecciones

University of Minnesota