2013 Fiscal Year Final Research Report
Development of the Pineapple Industry in Ghana
| Project/Area Number |
23730271
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic policy
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| Research Institution | The University of Tokyo (2012-2013)
National Graduate Institute for Policy Studies (2011) |
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Principal Investigator |
SUZUKI Aya 東京大学, 新領域創成科学研究科, 講師 (20537138)
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| Project Period (FY) |
2011 – 2012
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| Keywords | 経済発展 / 産業発展 / ミクロ経済分析 / 貧困削減 / リスク / 参入退出 / アフリカ |
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| Research Abstract |
High-value horticultural export industry has been receiving attention in recent years for its potential contribution to reduce poverty, particularly in Sub-Saharan Africa. However, empirical studies that show the quantitative effects of the industry and that examine the role of risks in this industry are lacking. In this study, we implemented a simple game to elicit risk preferences among farmers and examined whether their risk preferences have some effects on their decisions to exit the pineapple market. We find that a) risk-averseness increases the probability of exiting the market, b) the exogenous shock in the EU demand increased the farmers' likelihood of exiting the market in the post-incident period, and c) education has a role to dampen the effect of risk preferences on the probability of exit, i.e., education makes farmers more resilient to the risks that they face.
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