Researchers at Sichuan Agricultural University Have Published New Data on Crop Insurance (Does the Adoption of Climate-Smart Agricultural Practices Impact Farmers’ Income? Evidence from Ghana): Agriculture - Crop Insurance - Insurance News | InsuranceNewsNet

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April 21, 2022 Newswires
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Researchers at Sichuan Agricultural University Have Published New Data on Crop Insurance (Does the Adoption of Climate-Smart Agricultural Practices Impact Farmers’ Income? Evidence from Ghana): Agriculture – Crop Insurance

Agriculture Daily

2022 APR 21 (NewsRx) -- By a News Reporter-Staff News Editor at Agriculture Daily -- Researchers detail new data in crop insurance. According to news reporting out of Chengdu, People’s Republic of China, by NewsRx editors, research stated, “People’s lives, particularly farmers’, have been affected by extreme weather conditions that have reduced the yield of numerous crops due to climate change. Climate-smart agriculture practices can reduce or eliminate greenhouse gas emissions and have the propensity to increase farm income and productivity. Therefore, the purpose of this study is to ascertain whether CSA practices impact farmers’ income.”

The news journalists obtained a quote from the research from Sichuan Agricultural University: “This study includes all cocoa farmers in the selected districts in the Ashanti Region. The population includes those who live in the six cocoa production villages. The multistage sampling procedure was considered based on the dominants of literature. The study used an endogenous switching regression framework to examine the effects of the adoption of climate-smart agricultural practices (CSAPs) on farmers’ income. While estimating treatment effects, telasso uses lasso techniques to select the appropriate variable sets. The results revealed that gender, farm experience, age, household size, and farm size do not significantly influence the adoption of irrigation and crop insurance. The study revealed a significant positive impact of access to credit on adopting irrigation and crop insurance. The adoption of climate-smart practices has a positive coefficient. This indicates that if all respondents in each region adopts these practices, their income would increase significantly. This study shows that adopting irrigation practices leads to an increase in household income of 8.6% and 11.1%, respectively, for cocoa farmers. Crop insurance has a positive coefficient and is statistically significant on household income, on-farm, and off-farm. This paper shows that climate-smart practices such as crop insurance can positively influence farmers’ income in Ghana. We also conjecture that crop insurance is the most effective and efficient climate-smart practice among the various agricultural practices.”

According to the news reporters, the research concluded: “The study suggests that access to credit and mass awareness should be compulsory modules coupled with the consistent training of farmers on new technologies for effective policy implementation. Expanding access to extension officers could enhance farmers’ adaptive capacity and warrant the efficiency of implemented practices.”

For more information on this research see: Does the Adoption of Climate-Smart Agricultural Practices Impact Farmers’ Income? Evidence from Ghana. International Journal of Environmental Research and Public Health, 2022,19(3804):3804. (International Journal of Environmental Research and Public Health - http://www.mdpi.com/journal/ijerph). The publisher for International Journal of Environmental Research and Public Health is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/ijerph19073804.

Our news editors report that additional information may be obtained by contacting Wonder Agbenyo, College of Economics, Sichuan Agricultural University, Chengdu 610000, People’s Republic of China. Additional authors for this research include Yuansheng Jiang, Xinxin Jia, Jingyi Wang, Gideon Ntim-Amo, Rahman Dunya, Anthony Siaw, Isaac Asare, Martinson Ankrah Twumasi.

(Our reports deliver fact-based news of research and discoveries from around the world.)

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