Showing 1 - 5 of 5
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 in...
Persistent link: https://www.econbiz.de/10011083318
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...
Persistent link: https://www.econbiz.de/10011083397
U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation … evidence that corn ethanol mandates have created a tight link between oil and agricultural markets. Rather increases in food … little to U.S. retail food price increases, because of the small cost share of agricultural products in food prices. There is …
Persistent link: https://www.econbiz.de/10011084483
We estimate a time series model of weather shocks on English wheat yields for the early nineteenth century and use it to predict weather effects on yield levels from 1697 to 1871. This reveals that yields in the 1690s were depressed by unusually poor weather; and those in the late 1850s were...
Persistent link: https://www.econbiz.de/10011249371
This paper empirically explores the political-economic determinants of why governments choose to tax or subsidize trade in agriculture. We use a new data set on nominal rates of assistance (NRA) across a number of commodities spanning the last four decades for 64 countries. NRAs measure the...
Persistent link: https://www.econbiz.de/10008530343