Jason R.V. Franken , Michael L. Cook , Joost M.E. Pennings
{"title":"生产者风险规避与农业合作社参与","authors":"Jason R.V. Franken , Michael L. Cook , Joost M.E. Pennings","doi":"10.1016/j.jcom.2022.100171","DOIUrl":null,"url":null,"abstract":"<div><p>Little attention is given to cooperatives’ role in producer risk management. We review literature and theory in development of a hypothesized positive relationship between producers’ risk aversion and usage of cooperatives. We test the hypothesis using a sample of crop and hog producers and find evidence that cooperative membership and the percentage of commodity sold through cooperatives are positively related to producers’ risk aversion. These relationships are relevant for decision makers who determine internal cooperative member policies, debt providers to cooperative members, and lenders to cooperatives, in addition to state and national farm policy regulators, legislators, staffers, and advisors.</p></div>","PeriodicalId":43876,"journal":{"name":"Journal of Co-operative Organization and Management","volume":null,"pages":null},"PeriodicalIF":2.2000,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":"{\"title\":\"Producer risk aversion and participation in agricultural cooperatives\",\"authors\":\"Jason R.V. Franken , Michael L. Cook , Joost M.E. Pennings\",\"doi\":\"10.1016/j.jcom.2022.100171\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Little attention is given to cooperatives’ role in producer risk management. We review literature and theory in development of a hypothesized positive relationship between producers’ risk aversion and usage of cooperatives. We test the hypothesis using a sample of crop and hog producers and find evidence that cooperative membership and the percentage of commodity sold through cooperatives are positively related to producers’ risk aversion. These relationships are relevant for decision makers who determine internal cooperative member policies, debt providers to cooperative members, and lenders to cooperatives, in addition to state and national farm policy regulators, legislators, staffers, and advisors.</p></div>\",\"PeriodicalId\":43876,\"journal\":{\"name\":\"Journal of Co-operative Organization and Management\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.2000,\"publicationDate\":\"2022-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"4\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Co-operative Organization and Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2213297X22000076\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"MANAGEMENT\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Co-operative Organization and Management","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2213297X22000076","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
Producer risk aversion and participation in agricultural cooperatives
Little attention is given to cooperatives’ role in producer risk management. We review literature and theory in development of a hypothesized positive relationship between producers’ risk aversion and usage of cooperatives. We test the hypothesis using a sample of crop and hog producers and find evidence that cooperative membership and the percentage of commodity sold through cooperatives are positively related to producers’ risk aversion. These relationships are relevant for decision makers who determine internal cooperative member policies, debt providers to cooperative members, and lenders to cooperatives, in addition to state and national farm policy regulators, legislators, staffers, and advisors.