The paper analyses the factors that affect smallholder farmers choice of soil fertility management options in Malawi using a two-stage maximum likelihood estimation procedure. Using results from the Double-Hurdle model, the paper estimates the probabilities and intensities of fertilizer...

The paper examines the impact of industrial protection, agricultural export taxes, and overvaluation of the exchange rate on the balance between the agricultural and nonagricultural sectors. Various agricultural terms-of-trade indices are constructed to measure the policy bias against...