Researchers at College of Economics and Management Publish New Study Findings on Risk Management (How Does Risk Management Improve Farmers’ Green Production Level? Organic Fertilizer as an Example): Risk Management

2022 AUG 05 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on risk management are presented in a new report. According to news reporting originating from the College of Economics and Management by NewsRx correspondents, research stated, “With increases in the frequency of various natural and social risks, effectively coping with uncertainty is necessary for the sustainable development of individuals and the society, particularly smallholder farmers with vulnerable livelihoods.”

The news journalists obtained a quote from the research from College of Economics and Management: “Using survey data from farmers in China, we constructed a risk management capability index system for farmers at the individual, collective, and government levels to empirically analyze the impact of risk management on green production behavior through the Heckman model for two-stage sample selection. The results showed that risk management is a key factor affecting green production behavior. Membership status (membership in an organization), government subsidies, and income levels significantly promote green production levels. Moreover, risk management not only directly affects the green production level but also promotes green production behavior by expanding the scale of operation, improving the sense of responsibility, and enhancing the behavioral responsibility. Additionally, the mediating effect of these factors on farmers in the low-risk perception group was more obvious.”

According to the news reporters, the research concluded: “Therefore, the risk management level of farmers should be improved at the individual, collective, and government levels to promote sustainable agriculture.”

For more information on this research see: How Does Risk Management Improve Farmers’ Green Production Level? Organic Fertilizer as an Example. Frontiers in Environmental Science, 2022,10. (Frontiers in Environmental Science - http://www.frontiersin.org/environmental_science). The publisher for Frontiers in Environmental Science is Frontiers Media S.A.

A free version of this journal article is available at https://doi.org/10.3389/fenvs.2022.946855.

Our news editors report that additional information may be obtained by contacting Xiaohuan Wang, College of Economics and Management, Northwest A&amp. Additional authors for this research include Yifei Ma, Hua Li, Caixia Xue.

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