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| Risk, credit constraints and farmers'adoption of new technology |
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| Abstract: |
| In the background that technology playing a more prominent role in agriculture, new agricultural technologies with high initial investment and high risk, farmers affected by the dual constraints of credit and risk, and low conversion rate of agricultural science and technology, based on the survey of rice growers in Hengdong county of Hunan province, this paper analysed the influencing factors in the adoption of new agricultural technologies with optimal scaling regression method. The results showed that level of education, arable area, household annual income, technical information,formal risk coping mechanisms and credit availability had significant impact on the application of new technologies.Therefore, we suggest that the government should improve farmers' quality袁develop channels of information and establish
an effective insurance and credit mechanisms to popularize new agricultural technologies. |
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