eprintid: 10189 rev_number: 11 eprint_status: archive userid: 1305 dir: disk0/00/01/01/89 datestamp: 2017-09-25 08:54:50 lastmod: 2018-09-20 08:03:53 status_changed: 2017-09-25 08:54:50 type: article metadata_visibility: show creators_name: Aloyce, R K creators_name: Mazvimavi, K creators_name: Ghirmay, S G icrisatcreators_name: Mazvimavi, K affiliation: Department of Accounting, Finance and Economics, College of Business, Baton Rouge (Louisiana) affiliation: ICRISAT (Bulawayo) country: USA country: Zimbabwe title: Economic profitability and risk analyses of improved sorghum varieties in Tanzania ispublished: pub subjects: s1.4 subjects: s2.4 subjects: s28 divisions: CRPS5 full_text_status: public keywords: Economic profitability, risk analysis, sorghum, stochastic dominance, Tanzania note: The International Crop Research Institute for the Semi- Arid Tropics (ICRISAT) fully funded this study under the Impact Assessment Program. However, any opinions, findings, conclusions or recommendations expressed in this report are those of the author and do not necessarily reflect the views of ICRISAT. abstract: This study uses survey data collected in 2012/2013 farming season to determine the net-returns and utility-efficient farm management practices for improved sorghum varieties adopted by small-scale farmers in Tanzania. The reference farm management practice was using JEMBE (handhole) for land cultivation and growing local varieties (landraces). Other farm management practices included using ox-plough for land cultivation with or without applying manure for soil amendment, and using JEMBE for land cultivation with or without applying manure. Improved sorghum Varieties included Tegemeo, Pato, Macia, Wahi, Hakika, Mtama-1, and Sila. We used simulation and bootstrapping to estimate yield distributions and net returns and stochastic efficiency with respect to a function to complement first and second degree stochastic dominance analyses to determine varieties and farm management practice that reduce production and price risk. Under profit maximization and risk reduction assumptions, main results show that Macia and Mtama-1 varieties have high mean yield and low yield variability. Even under low inputs and extreme risk averse farmers, Macia and Mtama-1 were superior choices. Value addition activities increased price offered to farmers, which also reduced price risk. date: 2017-09-30 date_type: published publication: Journal of Development and Agricultural Economics volume: 9 number: 9 publisher: Academic Journals pagerange: 250-268 id_number: 10.5897/JDAE2017.0833 refereed: TRUE issn: 2006-9774 official_url: http://dx.doi.org/10.5897/JDAE2017.0833 related_url_url: https://scholar.google.co.in/scholar?hl=en&as_sdt=0%2C5&q=Economic+profitability+and+risk+analyses+of+improved+sorghum+varieties+in+Tanzania&btnG= related_url_type: pub funders: Impact Assessment Program citation: Aloyce, R K and Mazvimavi, K and Ghirmay, S G (2017) Economic profitability and risk analyses of improved sorghum varieties in Tanzania. Journal of Development and Agricultural Economics, 9 (9). pp. 250-268. ISSN 2006-9774 document_url: http://oar.icrisat.org/10189/1/Economic%20profitability.pdf