This paper develops an integrated model of adapting natural resource intensive enterprises in Latin America to future climate changes. Based on about 2,000 rural household surveys, we model six specialized and diversified resource enterprises across seventeen land covers. We estimate random...

After the EU enlargement of May 2004, the exchange of agro-food goods between the EU 15 and the new member states (NMS) has accelerated considerably. In particular the expansion of Polish exports in 2005 resulted in the highest surplus registered by the NMS 4 (Czech Republic, Hungary, Poland,...

Sugar cane is the second biggest cash crop of Pakistan, which contributes 3.4% to national income and 0.7 percent in gross domestic product as well sugar cane provides ecologically best stimulus for economic development. We cannot refute the importance of sugar cane cultivator’s participation...

We partnered with a micro‐lender in Mali to randomize credit offers at the village level. Then, in no- loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...

The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...

Does credit availability exacerbate asset price inflation? Are there long run consequences? During the farm land price boom and bust before the Great Depression, we find that credit availability directly inflated land prices. Credit also amplified the relationship between positive fundamentals...

Since the 1950s, agricultural growth in East Asia (China, Mongolia, North Korea, South Korea, and Taiwan) has reduced rural poverty and created a strong base for economic development. To gain a better understanding of the nature of this growth, we examine the sources of change in agricultural...

Since the 1950s, agricultural growth in East Asia (China, Mongolia, North Korea, South Korea, and Taiwan) has reduced rural poverty and created a strong base for economic development. To gain a better understanding of the nature of this growth, we examine the sources of change in agricultural...

Land transactions typically involve a substantial investment of time and money for parties involved in the sale. Because of the size of the investment and infrequency of purchases/sales, significant personal interaction between buyer and seller often results. In this study, farmland sales in 104...

This paper empirically estimates individual household credit demand elasticities based on 897 farm households surveyed in Shaanxi and Gansu provinces in the People's Republic of China (PRC) in October 2009. We used survey-based experimental techniques to extract individual household credit...