Affiliation:
1. Department of Agricultural Economics, Agribusiness and Extension Kwame Nkrumah University of Science and Technology Kumasi Ghana
2. Department of Accounting, Finance and Economics, Griffith Business School Griffith University Brisbane Queensland Australia
3. UNE Business School University of New England Armidale New South Wales Australia
4. Department of Agribusiness, Applied Economics and Agriscience Education North Carolina A&T State University Greensboro North Carolina USA
Abstract
AbstractAdoption of cocoa production technologies has the potential to improve productivity and welfare of smallholder producers in low‐income countries. While studies investigating synergies in agricultural technologies are growing, empirical evidence on the determinants and impacts of adopting multiple cocoa production technologies on smallholder farmers' welfare is scarce. Therefore, this study contributes by analyzing the determinants and effects of adoption of multiple cocoa production technologies on the welfare of smallholder farmers in Ghana. To achieve this, we used the multinomial endogenous switching regression and multivalued inverse probability regression adjustment models to a random sample of 2233 cocoa farmers from Ghana. The results show that various socioeconomic characteristics (e.g., farmer's age and experience), resource constraints (e.g., land ownership and credit access), market‐related factors (e.g., distance to the market), and production shocks (e.g., rainfall) influence the adoption of multiple cocoa production technologies. Furthermore, the results reveal that adopting multiple production technologies significantly improves cocoa yields, gross income, per capita consumption expenditure, and reduces household food insecurity. Therefore, policies, such as financial support, need to be aimed at improving and strengthening smallholder cocoa producers' capacity to adopt synergistic conventional and non‐conventional cocoa production technologies to maximize smallholder farmers' welfare.
Subject
Development,Geography, Planning and Development
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献