Labor markets in all economies are subject to transaction costs associated with recruiting, monitoring and supervising workers. The level of transaction costs affects labor and land contract choices and family labor advantages. Rural labor markets in developing economies, where institutions such...

The objective of this paper is to identify factors which limit the ability of Zambian farmers to increase Maize productivity and/or diversify their crop mix. Both may enable wealth accumulation, investments, and further expansion. Specifically, we link variations in agricultural decisions,...