Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment
The study evaluates the impact of risk on enterprises of smallholder male, female and young milk producers in Tanzania’s formal and informal dairy value chains. It also examines the effect of uncertainty on the decision to invest in milk production in both value chains. Results indicate that youths...
| Autores principales: | , , |
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| Formato: | Conference Paper |
| Lenguaje: | Inglés |
| Publicado: |
2017
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/81215 |
| _version_ | 1855531218862342144 |
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| author | Twine, Edgar E. Omore, Amos O. Githinji, J.W.K. |
| author_browse | Githinji, J.W.K. Omore, Amos O. Twine, Edgar E. |
| author_facet | Twine, Edgar E. Omore, Amos O. Githinji, J.W.K. |
| author_sort | Twine, Edgar E. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The study evaluates the impact of risk on enterprises of smallholder male, female and young milk producers in Tanzania’s formal and informal dairy value chains. It also examines the effect of uncertainty on the decision to invest in milk production in both value chains. Results indicate that youths in the informal value chain face the greatest level of risk followed by men in the formal value chain, and then men in the informal value chain. Women in both value chains and youths in the formal value chain face relatively low risk. Overall, milk production in the informal chain is found to be substantially riskier than production in the formal chain. Optimal investment triggers are found to be much larger than the conventional triggers and are sensitive to volatility of returns. The results’ policy and practical implications for inclusive dairy industry development in Tanzania are highlighted. |
| format | Conference Paper |
| id | CGSpace81215 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| record_format | dspace |
| spelling | CGSpace812152025-11-04T16:27:12Z Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment Twine, Edgar E. Omore, Amos O. Githinji, J.W.K. animal production milk production The study evaluates the impact of risk on enterprises of smallholder male, female and young milk producers in Tanzania’s formal and informal dairy value chains. It also examines the effect of uncertainty on the decision to invest in milk production in both value chains. Results indicate that youths in the informal value chain face the greatest level of risk followed by men in the formal value chain, and then men in the informal value chain. Women in both value chains and youths in the formal value chain face relatively low risk. Overall, milk production in the informal chain is found to be substantially riskier than production in the formal chain. Optimal investment triggers are found to be much larger than the conventional triggers and are sensitive to volatility of returns. The results’ policy and practical implications for inclusive dairy industry development in Tanzania are highlighted. 2017 2017-05-25T06:50:42Z 2017-05-25T06:50:42Z Conference Paper https://hdl.handle.net/10568/81215 en Open Access application/pdf Twine, E.E., Omore, A. and Githinji, J. 2017. Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment. Paper presented at the 91st Annual Conference of the Agricultural Economics Society, Ireland, 24-26 April 2017. |
| spellingShingle | animal production milk production Twine, Edgar E. Omore, Amos O. Githinji, J.W.K. Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title | Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title_full | Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title_fullStr | Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title_full_unstemmed | Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title_short | Risk and uncertainty in milk production by smallholders in Tanzania: Implications for inclusiveness and investment |
| title_sort | risk and uncertainty in milk production by smallholders in tanzania implications for inclusiveness and investment |
| topic | animal production milk production |
| url | https://hdl.handle.net/10568/81215 |
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