Approximately one-fifth of readmissions were to a nonindex hospital and were associated with higher mortality and morbidity than readmission to index hospitals. Factors that influence nonindex readmissions have been identified to target interventions.
Highlights
Demand among smallholder farmers in Kenya for improved storage bags is elastic.
Lowering the price of the bag by 20% leads to a 29% increase in profit.
Prior awareness of the technology increases mean willingness to pay by 20%.
Medium by which information is disseminated does not affect willingness to pay.
Cheapest media option, text message, is most cost-effective.
Purpose
– Based on a survey of 897 farm households, the purpose of this paper is to build a framework using cluster analysis to explain how farmers make decisions on joining group guarantee, and analyzes factors influencing their decisions using multinomial and binary Logit regressions.
Design/methodology/approach
– The approach of combining cluster analysis with Logit regression is an innovative approach to survey assessment. In addition, by design the authors have identified the four mutually exclusive groups of borrowers combining Group Guarantee membership and actual formal borrowing.
Findings
– An extremely important observation according to the data is that most farmers appear to be part of group guarantees only because they have to in order to get access to formal credit products. 87.21 percent of the people who belong to groups and utilize the formal credit products belong to this category because their lenders have made participation in groups compulsory for access to credit. This may ration farmers’ willingness to even apply for credit. It also indicates a preference on the part of older and more risk-averse respondents to avoid participation in group guarantees. Out of financial characteristics the total loan holdings appears to be the only significant indicator of participation in group guarantees. Furthermore the results indicate that informal and formal credit appear to be replaceable for farmers.
Research limitations/implications
– The survey is confined only to the counties investigated. China is very diverse in its agricultural economies and many RCCs operate under different guidance and rules from those investigated here. Hence, while the authors can claim that the results are indicative, the authors cannot claim that they will hold generally.
Practical implications
– Based on group guarantee loan mechanism and survey data analysis of 897 farm households, this paper analyzes influencing factors affecting farmers’ participation in group guarantees from microcosmic level, so as to provide some reference to further perfect micro credit operation mode and mechanism.
Social implications
– The results indicate that the Group Guarantee mechanism, while beneficial to some, may not hold global appeal for Chinese farmers. In the future RCCs may want to consider alternative approaches to loan security than placing the burden of guarantee on farmers’ family and friends.
Originality/value
– The approach of combining cluster analysis with Logit regression is an innovative approach to survey assessment. In addition, by design the authors have identified the four mutually exclusive groups of borrowers combining Group Guarantee membership and actual formal borrowing.
This paper describes an experimental auction conducted among maize traders and farmers in Western Kenya to measure adoption for two low-cost technologies that can measure grain moisture content. Willingness-to-pay auctions (WTP) were combined with a risk preference lottery, allowing an opportunity to study the impact of risk preferences on technology adoption. The specifics of this technology also allows us to identify the impact of risk aversion on willingness to pay for a technology when production uncertainty is not part of the equation. We also randomized two variations of the BDM method for collecting WTP data allowing for a mechanism by which to study the impact of the method on valuation data. We find some evidence that risk aversion increased willingness to pay. Another result with implications in implementation of field experiments in the developing world is that farmers were sensitive to the method in which the auction was presented but traders were not.
The government of Pakistan has been involved in the transfer of irrigation management to farmers' organizations at different levels of irrigation networks. Khal Panchayats or water users' associations are mandated to mediate water distribution conflicts, maintain watercourses, report on tampering of outlets and shortage of water supply in the outlet to minor or distributary-level farmer organizations, collect water charges, and provide timely information about rotational running of channels to the farmers. As such, irrigators on watercourses with Khal Panchayats can potentially perform better than those without such institutions. This study explores whether or not the presence of Khal Panchayats on a watercourse and farmer organizations on the canal improves farmers' productivity and the returns to land as was envisioned during the Irrigation Management Transfer. The study utilizes the Pakistan Rural Household Panel Survey (Round 1.5) that has detailed plot level information with highly disaggregated data on irrigation type, methods, and institutions. We used the Hausman-Taylor model to regress the value of output per acre on agricultural inputs, soil and water conservation practices, plot characteristics, household demographics, and the presence of institutions such as Khal Panchayats and farmer organizations. We find that households whose plots are located on watercourses with Khal Panchayats are likely to earn 27 percent more value per acre as compared to farmers on watercourses without such institutions. The effect of the presence of Khal Panchayats is more pronounced in Kharif (the main rainy season) than in the Rabi season. Khal Panchayats lead to improved water management mainly through reducing water theft and conflicts around water, as well as improving maintenance of the watercourse and timing of water arrival. This suggests that while the Irrigation Management Transfer (IMT) progress has been slow in Punjab province, largely due to resistance to change by the vested interests embedded in the Punjab Irrigation Department, even the limited implementation of the IMT has already yielded substantial benefits. The presence of farmers' organization (FO) on the minor or distributary as well as the interaction of the presence of a KP and an FO, are statistically insignificant, though they have the the expected positive signs.
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