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Abstract

While the role of risks in technology adoption is a classical topic, its effects beyond adoption have not been examined well enough despite that dis-adoption of a technology is also common. This paper examines the role of risk preferences and an exogenous shock on the survival of farmers for a case of export pineapple industry in Ghana. Employing hazard analyses, we find that risk preferences indeed matter for survival and the hazard of exit increased significantly in the period after the occurrence of the exogenous shock. We also find that education has an effect of increasing the resilience of farmers against risks.

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