A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming
Dried apricot farms face many risks and uncertainties in Malatya, which is not only Turkey's but also the largest apricot production region in the world. Despite one of the major factors affecting farm efficiency, it was insufficient study on risk management in Malatya and even Turkey. The main...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Turkish Science and Technology Publishing (TURSTEP)
2020-11-01
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| Series: | Turkish Journal of Agriculture: Food Science and Technology |
| Subjects: | |
| Online Access: | http://www.agrifoodscience.com/index.php/TURJAF/article/view/3935 |
| _version_ | 1797908679157088256 |
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| author | Orhan Gündüz Ahmet Aslan Vedat Ceyhan Zeki Bayramoğlu |
| author_facet | Orhan Gündüz Ahmet Aslan Vedat Ceyhan Zeki Bayramoğlu |
| author_sort | Orhan Gündüz |
| collection | DOAJ |
| description | Dried apricot farms face many risks and uncertainties in Malatya, which is not only Turkey's but also the largest apricot production region in the world. Despite one of the major factors affecting farm efficiency, it was insufficient study on risk management in Malatya and even Turkey. The main purpose of the study was to measure the risk averse of dried apricot farms and to analyze of the factors affecting risk management strategies use of the dried apricot farms where an extensive production zone in Malatya. In the study, data collected from randomly selected 71 farms using questionnaires were used. The risk averse (attitude) coefficients of farmers were estimated by the “equally likely certainty equivalent” method. The factors affecting the risk management strategies choise were estimated using Multivariate Probit Model. |
| first_indexed | 2024-04-10T10:56:24Z |
| format | Article |
| id | doaj.art-6ad078d7d1f5422097d923cba7a3b8a4 |
| institution | Directory Open Access Journal |
| issn | 2148-127X |
| language | English |
| last_indexed | 2024-04-10T10:56:24Z |
| publishDate | 2020-11-01 |
| publisher | Turkish Science and Technology Publishing (TURSTEP) |
| record_format | Article |
| series | Turkish Journal of Agriculture: Food Science and Technology |
| spelling | doaj.art-6ad078d7d1f5422097d923cba7a3b8a42023-02-15T16:19:57ZengTurkish Science and Technology Publishing (TURSTEP)Turkish Journal of Agriculture: Food Science and Technology2148-127X2020-11-018112482249010.24925/turjaf.v8i11.2482-2490.39351859A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot FarmingOrhan Gündüz0Ahmet Aslan1Vedat Ceyhan2Zeki Bayramoğlu3Department of Agricultural Economics, Faculty of Agriculture, Malatya Turgut Özal University, 44210 MalatyaMalatya Apricot Research Institute, 44210 MalatyaDepartment of Agricultural Economics, Faculty of Agriculture, Ondokuz Mayıs University, 55220 SamsunDepartment of Agricultural Economics, Faculty of Agriculture, Selçuk University, 42100 KonyaDried apricot farms face many risks and uncertainties in Malatya, which is not only Turkey's but also the largest apricot production region in the world. Despite one of the major factors affecting farm efficiency, it was insufficient study on risk management in Malatya and even Turkey. The main purpose of the study was to measure the risk averse of dried apricot farms and to analyze of the factors affecting risk management strategies use of the dried apricot farms where an extensive production zone in Malatya. In the study, data collected from randomly selected 71 farms using questionnaires were used. The risk averse (attitude) coefficients of farmers were estimated by the “equally likely certainty equivalent” method. The factors affecting the risk management strategies choise were estimated using Multivariate Probit Model.http://www.agrifoodscience.com/index.php/TURJAF/article/view/3935kuru kayısırisk tutumumultivariate probitmalatyagöreli risk karşıtlığı |
| spellingShingle | Orhan Gündüz Ahmet Aslan Vedat Ceyhan Zeki Bayramoğlu A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming Turkish Journal of Agriculture: Food Science and Technology kuru kayısı risk tutumu multivariate probit malatya göreli risk karşıtlığı |
| title | A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming |
| title_full | A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming |
| title_fullStr | A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming |
| title_full_unstemmed | A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming |
| title_short | A Multivariate Probit Analysis of Factors Affecting Risk Management Strategy Choices in Dried Apricot Farming |
| title_sort | multivariate probit analysis of factors affecting risk management strategy choices in dried apricot farming |
| topic | kuru kayısı risk tutumu multivariate probit malatya göreli risk karşıtlığı |
| url | http://www.agrifoodscience.com/index.php/TURJAF/article/view/3935 |
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