Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas
Weather extremes which are accelerated by changing climate greatly decrease agricultural productivity, resulting in severe economic losses and losses of livelihood of the poorest marginal communities. The adoption of stress-tolerant rice varieties (STRVs) is recommended as a best technology fix for...
| Main Authors: | , , |
|---|---|
| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Cambridge University Press
2021
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/164480 |
| _version_ | 1855517449597747200 |
|---|---|
| author | Veettil, Prakashan Chellattan Raghu, Prabhakaran T. Ashok, Arathy |
| author_browse | Ashok, Arathy Raghu, Prabhakaran T. Veettil, Prakashan Chellattan |
| author_facet | Veettil, Prakashan Chellattan Raghu, Prabhakaran T. Ashok, Arathy |
| author_sort | Veettil, Prakashan Chellattan |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Weather extremes which are accelerated by changing climate greatly decrease agricultural productivity, resulting in severe economic losses and losses of livelihood of the poorest marginal communities. The adoption of stress-tolerant rice varieties (STRVs) is recommended as a best technology fix for risk adaptation. Although STRVs provide better outcomes with no yield penalty, farmers' decisions to adopt new STRVs are influenced by a multitude of factors, most importantly information exposure. We used a sequential logit model to analyze the impact of information access and information quality on adoption decisions regarding STRVs in flood-risk areas. Over the years, we found that STRVs adoption has become scale neutral, but adopters have significantly higher access to information. The estimates showed that 48 per cent of the farmers having access to information decided to adopt STRVs. When information reaches 50 per cent of the rice farmers in flood-prone areas, the estimated additional annual income is US$235 million. |
| format | Journal Article |
| id | CGSpace164480 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | Cambridge University Press |
| publisherStr | Cambridge University Press |
| record_format | dspace |
| spelling | CGSpace1644802024-12-19T14:12:02Z Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas Veettil, Prakashan Chellattan Raghu, Prabhakaran T. Ashok, Arathy development economics econometrics general environmental science Weather extremes which are accelerated by changing climate greatly decrease agricultural productivity, resulting in severe economic losses and losses of livelihood of the poorest marginal communities. The adoption of stress-tolerant rice varieties (STRVs) is recommended as a best technology fix for risk adaptation. Although STRVs provide better outcomes with no yield penalty, farmers' decisions to adopt new STRVs are influenced by a multitude of factors, most importantly information exposure. We used a sequential logit model to analyze the impact of information access and information quality on adoption decisions regarding STRVs in flood-risk areas. Over the years, we found that STRVs adoption has become scale neutral, but adopters have significantly higher access to information. The estimates showed that 48 per cent of the farmers having access to information decided to adopt STRVs. When information reaches 50 per cent of the rice farmers in flood-prone areas, the estimated additional annual income is US$235 million. 2021-02 2024-12-19T12:53:58Z 2024-12-19T12:53:58Z Journal Article https://hdl.handle.net/10568/164480 en Open Access Cambridge University Press Veettil, Prakashan Chellattan; Raghu, Prabhakaran T. and Ashok, Arathy. 2021. Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas. Envir. Dev. Econ., Volume 26 no. 1 p. 45-68 |
| spellingShingle | development economics econometrics general environmental science Veettil, Prakashan Chellattan Raghu, Prabhakaran T. Ashok, Arathy Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title | Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title_full | Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title_fullStr | Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title_full_unstemmed | Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title_short | Information quality, adoption of climate-smart varieties and their economic impact in flood-risk areas |
| title_sort | information quality adoption of climate smart varieties and their economic impact in flood risk areas |
| topic | development economics econometrics general environmental science |
| url | https://hdl.handle.net/10568/164480 |
| work_keys_str_mv | AT veettilprakashanchellattan informationqualityadoptionofclimatesmartvarietiesandtheireconomicimpactinfloodriskareas AT raghuprabhakarant informationqualityadoptionofclimatesmartvarietiesandtheireconomicimpactinfloodriskareas AT ashokarathy informationqualityadoptionofclimatesmartvarietiesandtheireconomicimpactinfloodriskareas |