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Agroforestry adoption in Mexico: using Keynes to better understand farmer decision-making

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  • JAMES F. CASEY

Abstract

The objective of this paper is to empirically test the hypothesis that reducing uncertainty for farmers through investment in human capital increases the likelihood of participation in an agroforestry development program. A model based on Keynes's notion of profit expectations and "weight" is developed in order to gain some insight into agroforestry adoption behavior. Data was collected near the Calakmul Biosphere Reserve in the state of Campeche in southeastern Mexico. One hundred seventy-five farmers were interviewed from January through March of 1998. Results support the hypothesis that human capital investment improves the likelihood of participation in an agroforestry development program.

Suggested Citation

  • James F. Casey, 2004. "Agroforestry adoption in Mexico: using Keynes to better understand farmer decision-making," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 26(3), pages 505-521.
  • Handle: RePEc:mes:postke:v:26:y:2004:i:3:p:505-521
    DOI: 10.1080/01603477.2004.11051403
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    Cited by:

    1. Habtamu Temesgen & Wei Wu & Xiaoping Shi & Eshetu Yirsaw & Belewu Bekele & Mengistie Kindu, 2018. "Variation in Ecosystem Service Values in an Agroforestry Dominated Landscape in Ethiopia: Implications for Land Use and Conservation Policy," Sustainability, MDPI, vol. 10(4), pages 1-20, April.
    2. Foundjem-Tita, Divine & D’Haese, Marijke & Speelman, Stjin & Degrande, Ann & Gyau, Amos & Van Damme, Patrick & Tchoundjeu, Zac & Van Huylenbroeck, Guido, 2014. "Would strictly enforced forestry regulations affect farmers’ stated intentions to plant indigenous fruits trees? Insights from Cameroon," Food Policy, Elsevier, vol. 49(P1), pages 95-106.
    3. Unai Pascual & Edward B. Barbier, 2007. "On Price Liberalization, Poverty, and Shifting Cultivation: An Example from Mexico," Land Economics, University of Wisconsin Press, vol. 83(2), pages 192-216.

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