Normal view MARC view ISBD view

Production risks and food security under alternative technology choices in Malawi : application of a multinomial endogenous switching regression

By: Kassie, M.
Contributor(s): Teklewold, H | Marenya, P. P | Debello, M. J | Erenstein, O.
Material type: materialTypeLabelArticlePublisher: USA : Wiley, 2014ISSN: 1477-9552 (Online); 0021-857X.Subject(s): Risk | Food security | Costs | Malawi | Africa South of Sahara In: Journal of Agricultural Economics v. 66, no. 3, p. 640-659Summary: Employing nationally representative data, we investigate the impact of Sustainable Intensification Practices (SIPs) on farm households? food security, downside risk and the cost of risk in Malawi. The analysis relies on a flexible moment-based specification of a stochastic production function in a multinomial endogenous switching regression framework to correct for the selection bias stemming both from observed and unobserved heterogeneity. A quantile moment approach is used to estimate the cost of risk. After controlling for the effects of unobserved heterogeneity and several observable variables on maize production and downside risk functions, estimation results show that the adoption of SIPs increases food security and reduces downside risk exposure and the cost of risk. We estimate greater food security and larger reduction in downside risk from simultaneous adoption of both crop diversification (maize?legume intercropping and rotations) and minimum tillage, suggesting that there are complementary benefits from these practices. We find most of the cost of risk comes from exposure to downside risk. Our findings imply that in dealing with production risks development agents should encourage the adoption of agronomic and resource-management practices along with other risk mitigation and food security improving strategies.
Tags from this library: No tags from this library for this title. Log in to add tags.
    average rating: 0.0 (0 votes)
Item type Current location Collection Call number Status Date due Barcode Item holds
Article CIMMYT Knowledge Center: John Woolston Library

Lic. Jose Juan Caballero Flores

 

CIMMYT Staff Publications Collection Available
Total holds: 0

Peer review

Employing nationally representative data, we investigate the impact of Sustainable Intensification Practices (SIPs) on farm households? food security, downside risk and the cost of risk in Malawi. The analysis relies on a flexible moment-based specification of a stochastic production function in a multinomial endogenous switching regression framework to correct for the selection bias stemming both from observed and unobserved heterogeneity. A quantile moment approach is used to estimate the cost of risk. After controlling for the effects of unobserved heterogeneity and several observable variables on maize production and downside risk functions, estimation results show that the adoption of SIPs increases food security and reduces downside risk exposure and the cost of risk. We estimate greater food security and larger reduction in downside risk from simultaneous adoption of both crop diversification (maize?legume intercropping and rotations) and minimum tillage, suggesting that there are complementary benefits from these practices. We find most of the cost of risk comes from exposure to downside risk. Our findings imply that in dealing with production risks development agents should encourage the adoption of agronomic and resource-management practices along with other risk mitigation and food security improving strategies.

Maize CRP FP1 - Sustainable intensification of maize-based farming systems

Socioeconomics Program

Text in English

CIMMYT Informa 2015|Wiley

Kassie, M. : Not in IRS Staff list but CIMMYT Affiliation

INT3096|I1705938|I1705822|INT3210|INT2677

There are no comments for this item.

Log in to your account to post a comment.

Click on an image to view it in the image viewer

baner

International Maize and Wheat Improvement Center (CIMMYT) © Copyright 2015. Carretera México-Veracruz. Km. 45, El Batán, Texcoco, México, C.P. 56237.
If you have any question, please contact us at CIMMYT-Knowledge-Center@cgiar.org

Centro Internacional de Mejoramiento de Maíz y Trigo (CIMMYT) © Copyright 2015. Carretera México-Veracruz. Km. 45, El Batán, Texcoco, México, C.P. 56237.
Si tiene cualquier pregunta, contáctenos a CIMMYT-Knowledge-Center@cgiar.org