Do organic farmers have different risk attitudes than non-organic farmers?

Research output: Chapter in Book/Report/Conference proceedingConference paper

Abstract

Perceived risks of organic farming are often suggested to be an impediment for non-organic farmers to switch to organic farming. If this hypothesis holds, organic farmers should be less risk averse than non-organic farmers. This paper estimates absolute Arrow-Pratt coefficients of risk aversion for a sample of Dutch organic and non-organic arable farming. Using a non-structural approach to risk estimation, production risks, market risks and policy risks are jointly taken into account. Moreover, this approach allows for multiple outputs. The results indicate that organic farmers are indeed less risk averse than their non-organic colleagues
Original languageFrench
Title of host publicationRisk and uncertainty in environmental and resource economics : international conference, 5-7 June 2002, Wageningen International Conference Centre, Wageningen, The Netherlands
EditorsE.C. van Ierland, H.P. Weikard
PublisherWageningen University
Pages1-10(GHI)
Publication statusPublished - 2002

Keywords

  • organic farming
  • transitional farming
  • risk
  • arable farming
  • traditional farming
  • netherlands

Cite this

Gardebroek, C. (2002). Do organic farmers have different risk attitudes than non-organic farmers? In E. C. van Ierland, & H. P. Weikard (Eds.), Risk and uncertainty in environmental and resource economics : international conference, 5-7 June 2002, Wageningen International Conference Centre, Wageningen, The Netherlands (pp. 1-10(GHI)). Wageningen University.