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Market completeness has important implications for household behavior. I firmly reject complete markets for … smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders … reallocate labor across activities less in response to intra-seasonal crop price changes than do non-smallholders. A …
Persistent link: https://www.econbiz.de/10012823301
from existing empirical literature to compose an initial picture of household-level strategies for adapting to climate …, their adaptive capacity is insufficient for the task of maintaining – let alone improving – household welfare. We describe …
Persistent link: https://www.econbiz.de/10013099689
I document negative externalities of air pollution in the Indian agricultural sector. Using variation in pollution induced by changes in wind across years, I show that higher levels of pollution lead to decreased agricultural productivity, with large changes in productivity being common. The...
Persistent link: https://www.econbiz.de/10014346212
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to quot;excessivequot; entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a...
Persistent link: https://www.econbiz.de/10012779967
We model decisions with respect to formality or informality for entrepreneurs in a new industry for a developing economy. We show that informality allows a leader to explore, without significant sunk costs, the potential profitability of the industry; that is, informality may be a stepping...
Persistent link: https://www.econbiz.de/10013316884
farming practices among women smallholders in Uganda. We find that while supply of improved seeds through local, BRAC trained …
Persistent link: https://www.econbiz.de/10012960248
procuring inputs and marketing produce, where smallholders face disproportionately high transaction costs. Producer …
Persistent link: https://www.econbiz.de/10012822850
, implementing one of the largest unconditional cash transfer programmes internationally, and with substantial benefits to household …
Persistent link: https://www.econbiz.de/10012978169
Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited access to formal savings. This is the first study to use a randomized controlled trial to evaluate the impact of using mobile money as a tool to promote agricultural investment....
Persistent link: https://www.econbiz.de/10012857838
We present cross-country evidence suggesting that agricultural credits have a positive impact on agricultural productivity. In particular, we find that doubling agricultural credits generates around 4-5 percent increase in agricultural productivity. We use two different agricultural production...
Persistent link: https://www.econbiz.de/10012842059