Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania

Two important risks faced by many smallholder farmers in Sub-Saharan Africa are erratic weather patterns and insecure land tenure. It is likely these risks will increasingly interact as projections of more erratic weather make small-scale farming more difficult and demand for rural land grows. This...

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Autores principales: Visser, M., Le Roux, L., Mulwa, C.K., Tibesigwa, B., Bezabih, M.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2024
Materias:
Acceso en línea:https://hdl.handle.net/10568/134918
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author Visser, M.
Le Roux, L.
Mulwa, C.K.
Tibesigwa, B.
Bezabih, M.
author_browse Bezabih, M.
Le Roux, L.
Mulwa, C.K.
Tibesigwa, B.
Visser, M.
author_facet Visser, M.
Le Roux, L.
Mulwa, C.K.
Tibesigwa, B.
Bezabih, M.
author_sort Visser, M.
collection Repository of Agricultural Research Outputs (CGSpace)
description Two important risks faced by many smallholder farmers in Sub-Saharan Africa are erratic weather patterns and insecure land tenure. It is likely these risks will increasingly interact as projections of more erratic weather make small-scale farming more difficult and demand for rural land grows. This paper asks how farmers in Western Tanzania view these compound risks and the influence this has on levels of investment in adaptive agricultural technologies and the demand for land certification in a lab-in-the-field setting. Presenting novel data from a series of framed decision tasks linked to a household survey, this paper explores the relationship between individual risk preferences, adaptive investment and the demand for land certification from a group of 645 rural households in Kigoma, Tanzania. While adaptive investment increases with weather related risk, we find it responds negatively to land tenure risk. Individual risk preferences and past experiences of land disputes play significant roles in adaptive investment. Demand for land certification is high, investment increases significantly after certification, especially for risk-averse individuals.
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spelling CGSpace1349182025-10-26T12:56:47Z Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania Visser, M. Le Roux, L. Mulwa, C.K. Tibesigwa, B. Bezabih, M. climate change adaptation land tenure risk Two important risks faced by many smallholder farmers in Sub-Saharan Africa are erratic weather patterns and insecure land tenure. It is likely these risks will increasingly interact as projections of more erratic weather make small-scale farming more difficult and demand for rural land grows. This paper asks how farmers in Western Tanzania view these compound risks and the influence this has on levels of investment in adaptive agricultural technologies and the demand for land certification in a lab-in-the-field setting. Presenting novel data from a series of framed decision tasks linked to a household survey, this paper explores the relationship between individual risk preferences, adaptive investment and the demand for land certification from a group of 645 rural households in Kigoma, Tanzania. While adaptive investment increases with weather related risk, we find it responds negatively to land tenure risk. Individual risk preferences and past experiences of land disputes play significant roles in adaptive investment. Demand for land certification is high, investment increases significantly after certification, especially for risk-averse individuals. 2024-01 2023-12-01T20:02:07Z 2023-12-01T20:02:07Z Journal Article https://hdl.handle.net/10568/134918 en Limited Access Elsevier Visser, M. Le Roux, L. Mulwa, C.K. Tibesigwa, B. Bezabih, M. 2023. Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania. Journal of Economic Behavior & Organization. ISSN 0167-2681. 217. 398-434 p.
spellingShingle climate change adaptation
land
tenure
risk
Visser, M.
Le Roux, L.
Mulwa, C.K.
Tibesigwa, B.
Bezabih, M.
Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title_full Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title_fullStr Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title_full_unstemmed Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title_short Adaptive investment with land tenure and weather risk: Behavioral evidence from Tanzania
title_sort adaptive investment with land tenure and weather risk behavioral evidence from tanzania
topic climate change adaptation
land
tenure
risk
url https://hdl.handle.net/10568/134918
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AT tibesigwab adaptiveinvestmentwithlandtenureandweatherriskbehavioralevidencefromtanzania
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