Agricultural technology can help reduce poverty through direct and indirect effects. Direct effects are gains for the adopters while indirect effects are gains derived from adoption by others leading to lower food prices, employment creation, and growth linkage effects. Conceptualising and...

The financial surplus of agriculture has been central to theories of the role of agriculture in economic development. Morrisson and Thorbecke (MT) have used a constant-price social accounting matrix (SAM) framework to measure rigorously the financial surplus of agriculture and decompose the...

This article concerns the use of village intermediaries to mitigate asymmetric information problems in rural credit delivery. We consider an example from Senegal and examine the intermediaries' screening of loan applicants. The results show that, when the intermediaries expected to incur a...