期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2011
卷号：2
期号：8
页码：78-89
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：Crop diversification is the most important risk management strategies. The study investigated the pattern, trend and covariates of crop diversification in eastern Ethiopia based on data collected from 167 households randomly and proportionately selected. In order to manage risks of drought, pests and diseases, soil fertility decline and input prices variations, farmers in the study areas employ crop diversification as a self-insuring strategy. The farmers are becoming risk-averse which has implications on technology adoption. Tobit model result indicated that farmers with more extension contacts and larger livestock size are likely to specialize whereas those who have access to market information and irrigation, those who own machinery and more number of farm plots are more likely to diversify. In order to promote crop diversification, providing farm machinery through easy loans and improving access to market information and irrigation should be given attention. The extension system should include risk-minimization as a strategy.
