Risk considerations in the economic assessment of low-input crop production techniques: An example from Swiss wheat production

Robert Finger*

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)

Abstract

The role of risks in the adoption of low-input wheat production in Switzerland is investigated using farm-level panel data. Due to governmental support with environmental payments, low-input wheat production is found to be on average more profitable. However, low-input production is also more risky, in particular due to higher yield variability. The here presented analysis reveals that these production risks could become a decisive factor in farmers' adoption decisions of risk-averse farmers if environmental payments were to be reduced or abolished.

Original languageEnglish
Pages (from-to)63-77
Number of pages15
JournalInternational Journal of Agricultural Resources, Governance and Ecology
Volume10
Issue number1
DOIs
Publication statusPublished - 2014

Keywords

  • Economic assessment
  • Low-input crop production
  • Price variability
  • Production risk
  • Switzerland
  • Wheat
  • Yield variability

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