Showing 1 - 10 of 444
Standard models of hierarchy assume that agents and middle managers are better informed than principals about how to implement a particular task. We estimate the value of the informational advantage held by supervisors (middle managers) when ministerial leadership (the principal) introduced a...
Persistent link: https://www.econbiz.de/10012452842
Agricultural extension programs often train a few farmers and count on diffusion through social networks for the innovation to spread. However, if markets are imperfectly integrated, this may also inflict negative externalities. In a two-step experiment of an agronomy training program among...
Persistent link: https://www.econbiz.de/10014322756
This paper examines interactions between market power and agricultural policy in the U.S. wheat flour milling industry using a non-parametric approach. The analysis focuses on marketing loan and pre-1986 deficiency payment programs; farmers' payments from these programs are dependent on whether...
Persistent link: https://www.econbiz.de/10012461951
Grain shippers and political figures in North Dakota and nearby states have voiced concern that the dramatic increases in shipments of crude oil by rail have caused service delays and higher costs. We investigate the potential impact of crude shipments on grain markets accounting for harvest...
Persistent link: https://www.econbiz.de/10012453790
In this paper we develop a new approach to measuring the gains from economic integration based on a generalization of the Ricardian model in which heterogeneous factors of production are allocated to multiple sectors in multiple local markets based on comparative advantage. We implement this...
Persistent link: https://www.econbiz.de/10012455734
"Climate change and the recent COVID-19 pandemic have exposed the vulnerability of global agricultural supply and value chains. There is a growing awareness of the importance of interactions within and between these supply chains for understanding the performance of agricultural markets. This...
Persistent link: https://www.econbiz.de/10014285294
Persistent link: https://www.econbiz.de/10009517862
"This paper investigates the impacts of cotton marketing reforms on farm productivity, a key element for poverty alleviation, in rural Zambia. The reforms comprised the elimination of the Zambian cotton marketing board that was in place since 1977. Following liberalization, the sector adopted an...
Persistent link: https://www.econbiz.de/10010522398
We assess the extent and cost of misallocation in agriculture in less-developed countries comparing the analysis at the …
Persistent link: https://www.econbiz.de/10012938718
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical...
Persistent link: https://www.econbiz.de/10012510584