OBJECTIVE To assess the attitudes and behaviours of North Carolina tobacco farmers around crop diversification. DESIGN Cross-sectional telephone survey. PARTICIPANTS Active tobacco farmers in 14 North Carolina counties (n = 1236), interviewed between January and April 1997 (91% response rate). OUTCOME MEASURES Interest in, experience with, and perceived barriers to diversification. RESU...

Reducing corporate risk has long been a business strategy concern. Many scholars support diversification as a method to achieve risk reduction. Building on organisational portfolio analysis, we develop the concept of ‘desynchronicity’ as a complement to existing diversification theories about risk reduction. Organisational portfolio analysis views firms as portfolios of business units, suggesti...

targeted extension for heterogeneous farming systems is a challenge in developing countries. farm type identification and characterization based on estimates of income from different farm components allows simplifying diversity in farming systems. use of multivariate statistical techniques, such as principal component analysis (pca) and cluster analysis (ca), help in such farm typology delineat...

M. Radeny, D. Nkedianye, P. Kristjanson, M. Herrero Summary This article addresses livelihood choices and income diversification strategies among agro-pastoralists and pastoralists in southern Kenya, and the factors influencing the returns to the diverse livelihood strategies being pursued. We explore how variability in income and wealth levels across households can be explained by household-le...

In the data country portfolios are heavily biased toward domestic assets. Standard onegood international macro models predict that, due to the presence of non-diversifiable labor income risk, country portfolios should be heavily biased toward foreign assets; this discrepancy constitutes the international diversification puzzle (Baxter and Jermann, 1997). We show that a simple extension of one-g...