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Zeszyt 1 (47) 2018 , DOI: 10.17306/J.JARD.2018.00366

Riski A. Lestariadi, Masahiro Yamao

WHERE DO RISKS IN SHRIMP FARMING COME FROM? EMPIRICAL RESULTS FROM SMALL FARMERS IN EAST JAVA, INDONESIA

Abstract:

This study was conducted to explore small-scale
shrimp farmers’ perception of risk and risk management. The
data used originated from a field survey in the southern and
northern coasts of East Java, Indonesia. According to the results,
there are 32 risk sources, including shrimp price volatility
and high mortality due to shrimp diseases as the most
important ones. The exploratory factor analysis showed that
the risks in small-scale shrimp farming derived from 8 factors:
input and pond preparation; finance and credit access; production;
personal aspects; harvesting and marketing; weather and
environment; policy and institutional aspects; and business
environment. The results also revealed that the shrimp farmers’
perception of risk could significantly influence their risk
management behavior. Furthermore, nine factors were identified
for risk management strategies, including disease prevention;
education and technology improvement; production
inputs; farm management; government support; risk sharing
and insurance; financial aspects; household adjustment; and
alternative income sources.

Keywords: risk, risk management, shrimp farming, multivariate analysis, Indonesia

PDF in in english Full text available in english in Adobe Acrobat format:
www.jard.edu.pl/vol47/issue1/art_5.pdf
http://dx.doi.org/10.17306/J.JARD.2018.00366
For citation:

MLA Lestariadi, Riski A., and Masahiro Yamao. "WHERE DO RISKS IN SHRIMP FARMING COME FROM? EMPIRICAL RESULTS FROM SMALL FARMERS IN EAST JAVA, INDONESIA." J. Agribus. Rural Dev. 47.1 (2018): 39-47.
APA Riski A. Lestariadi, Masahiro Yamao (2018). WHERE DO RISKS IN SHRIMP FARMING COME FROM? EMPIRICAL RESULTS FROM SMALL FARMERS IN EAST JAVA, INDONESIA. J. Agribus. Rural Dev. 47 (1), 39-47
ISO 690 LESTARIADI, Riski A., YAMAO, Masahiro. WHERE DO RISKS IN SHRIMP FARMING COME FROM? EMPIRICAL RESULTS FROM SMALL FARMERS IN EAST JAVA, INDONESIA. J. Agribus. Rural Dev., 2018, 47.1: 39-47.
Corresponding address:
PhD Riski A. Lestariadi, Graduate School of Biosphere Science, Hiroshima University, 1-4-4 Kagamiyama, Higashi-Hiroshima City, Hiroshima 739-8528, Japan
Authors email:
d150559@hiroshima-u.ac.jp

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