Farmers face a particular set of risks that complicate the decision to borrow. We use a randomized experiment to investigate (1) the role of crop-price risk in reducing demand for credit among famers and (2) how risk mitigation changes farmers’ investment decisions. In rural Ghana, we offer...

Within many African households, agricultural production is simultaneously carried out on many plots controlled by different members of the household. Detailed plot-level agronomic data from Burkina Faso provides striking evidence of inefficiencies in the allocation of factors of production...