Detail práce

Time Preferences of Ghanaian Cocoa Farmers

Autor: Mgr. Eva Sobková
Rok: 2016 - zimní
Vedoucí: doc. Petr Janský Ph.D.
Typ práce: Diplomová
Ekonomická teorie
Jazyk: Anglicky
Stránky: 81
Abstrakt: Agricultural technology adoption in developing countries is an interesting topic
for two reasons: there is often a gap between the realized and potential hectare
yields, and agriculture is an important source of livelihood for a signi_cant part of
the third world population. This thesis is attempting to analyze the relationships
between time preferences of the Ghanaian cocoa farmers and their willingness to
use fertilizers provided on a microcredit basis. It is using mainly basic statistical
tests, contingent tables analysis and the logistic regression to find out whether the
farmers who are patient and time consistent have different approach to technology
adoption than the impatient and time inconsistent farmers. We also test for
differences in time preferences between farmers with different gender, age and
education, and we find that the younger farmers tend to be more impatient. The
main conclusion of this work is that impatient and hyperbolic farmers are more
likely to enter a microcredit program. We cannot present any significant inference
about the link between the farmers' time preferences and their decision to leave a
microcredit program.


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