A Survey of Chinese Farmers’ Risk Behavior

Milton Boyd, Jeffrey Pai, ZHANG Qiao,
WANG Holly, WANG Ke

University of Manitoba, Winnipeg
Chinese Academy of Agricultural Sciences (CAAS),
Purdue University, West Lafayette, USA

Abstract:
This study analyzes Chinese farmers risk behavior, based on a survey of farmers in China. A Likert data scale is used for survey questions, and responses cover areas such as experience and perceptions regarding agricultural insurance. Data also includes responses regarding the types of crops and livestock produced, and also farm characteristic variables. Demographic variables are included in the survey, such as gender, income, education, and family size. Results should help provide a better understanding of Chinese farmers’ behavior regarding risk.

Keywords: Agricultural Risk, Agricultural Insurance.