In this paper, we analyze the factors that influence t he productivity of maize among smallholder farmers, given that unfavourable output and input market conditions throughout the 1990s have compelled smallholder farmers into unsustainable agricultural intensification. We use farm-household...

The objective of this paper is to develop an analytical framework for estimation of the parameters of a structural model of an incentive contract under moral hazard, taking into account agents heterogeneity in preferences. We show that allowing the principal to strategically distribute the...

This paper presents an analysis of agricultural contracts using a transaction costs approach. We contend that in a context of modern agriculture, with well defined property rights, agricultural contracts must balance costs and benefits, aligning tenant and landlord incentives towards a similar...

It is widely believed that not only a Green Revolution in a crop sector but also a White Revolution in a dairy sector has generated the great momentum of agricultural development in India since the late 1960s. However, due to the dominance of sector-specific analyses, the importance of the...

Certified organic production by small-scale farmers in developing countries is increasingly promoted as an opportunity to access a growing and dynamic market, while at the same time, enhance productivity and improve incomes. Nevertheless, adoption has been limited. The economics literature...

Underutilized plant species are defined as agricultural or non-timber forest species that are locally abundant in developing countries but globally rare. Scientific information about them is scant and their use is currently limited relative to their economic potential. Some are potentially...

Surveys on consumer acceptance of GM foods revealed differences in knowledge, risk perception and acceptance of GM foods in Japan, Norway, Spain, Taiwan and the United States. There were opponents and proponents of GM foods. However, even in the United States, one of the most supportive...

Though Thailand is the largest rice exporting country, its yield is relatively low. This might be a result of the under use of purchased input factors. Amongst other factors, high input prices and capital constraints could be some reasons. The latter could be removed by loans providing favorable...