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Agricultural Economics Research, Policy and Practice in Southern Africa
Volume 59, 2020 - Issue 1
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Articles

How stable are farmers’ risk perceptions? A follow-up study of one community in the Karoo

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Pages 30-45 | Received 25 Oct 2018, Accepted 31 Jul 2019, Published online: 04 Sep 2019
 

ABSTRACT

Two cohorts of Likert scale risk data were subjected to rigorous principal component analysis to simplify the participants’ risk rankings. This improves methodologically on the first Karoo risk analysis. More than 80% of the items and two-thirds of the participants overlap in these datasets, which made it possible to study the stability of these perceptions over the four years that elapsed between the surveys. Two-thirds of the items were factorable and the four common factors identified in the first cohort all persisted in the second cohort, which indicates stability. The four items added to the second survey created the opportunity to study how emerging structures differ when the lists change. The principal component analysis conducted on the longer list identified a new common concern about growing government control over private enterprise that came to light as a result of adding four extra items. Predation ranked as the number one risk in both surveys followed by drought. Labour and security were middling risks, market access a low risk and a lack of support from the local cooperative no risk at all.

Disclosure statement

No potential conflict of interest was reported by the authors.

Notes

1 The study obtained ethics approval under the code UCT/COM012/2012.

Additional information

Funding

Funding for wave 4 of the Karoo Management Survey was provided by the Red Meat Research and Development Trust of South Africa [grant number 1182704].

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