Agroforestry adoption in Mexico Using Keynes to better understand farmer decision-making

The objective of this paper is to empirically test the hypothesis that reducing uncertainty for farmers through investment in human capital increases the likelihood of participation in an agroforestry development program. A model based on Keynes's notion of profit expectations and "weight&...

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Bibliographic Details
Published inJournal of post Keynesian economics Vol. 26; no. 3; pp. 505 - 521
Main Author Casey, James F
Format Journal Article
LanguageEnglish
Published Abingdon Routledge 01.04.2004
M. E. Sharpe
M.E. Sharpe, Inc
Taylor & Francis Ltd
SeriesJournal of Post Keynesian Economics
Subjects
Agriculture
Agroforestry
agroforestry investment
Bildungsinvestition
Crop production
Crops
Decision making
Ecological sustainability
Economic analysis
Economic models
Economic theory
Economics
Farm economics
Forestry
Forstwirtschaft
Grüne Revolution
Human capital
human capital investment
Hypotheses
Investition
Investment
Keynes
Keynes, John Maynard
Keynesian theory
Keynesianism
Mexiko
Peasant agriculture
Post-Keynesianism
Profit forecasting
Risiko
Studies
Subsistence farming
Sustainable agriculture
Uncertainty
Wirtschaftskunde
Mexico
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Summary:The objective of this paper is to empirically test the hypothesis that reducing uncertainty for farmers through investment in human capital increases the likelihood of participation in an agroforestry development program. A model based on Keynes's notion of profit expectations and "weight" is developed in order to gain some insight into agroforestry adoption behavior. Data was collected near the Calakmul Biosphere Reserve in the state of Campeche in southeastern Mexico. One hundred seventy-five farmers were interviewed from January through March of 1998. Results support the hypothesis that human capital investment improves the likelihood of participation in an agroforestry development program.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0160-3477
1557-7821
DOI:10.1080/01603477.2004.11051403