Time Preferences of Ghanaian Cocoa Farmers
Autor: | Mgr. Eva Sobková |
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Rok: | 2016 - zimní |
Vedoucí: | doc. Petr Janský Ph.D. |
Konzultant: | |
Typ práce: | Diplomová Ekonomická teorie |
Jazyk: | Anglicky |
Stránky: | 81 |
Ocenění: | |
Odkaz: | https://is.cuni.cz/webapps/zzp/detail/152168/ |
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. |