This study uses the Box-Cox (BC) transformations to examine nonlinearity in price modeling and compare results from several functional specifications in hedonic price analysis of yam in Togo. Based on a sample of 6,402 observations on price and produce characteristics generated through a market...

Household characteristics are commonly used to explain variation in smallholder efficiency levels. The underlying assumption is that differences in intended behavior are well described by such variables, while there is no "a priori" reason that this is the case. Moreover, heterogeneity in...