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The Determinants and Impact of Property Rights : Land Titles on the Brazilian Frontier

Alston, Lee J.; Schneider, Robert; Libecap, Gary D. - 2021

effects on agricultural investment on Brazilian frontiers. We use survey data from 1992 and 1993 from the state of Par with … data on the characteristics of the settlers, land tenure, land agencies involved, land values, and investment. We then turn …. The empirical findings support the predictions of the theory regarding the effects of title and investment on land value …

Persistent link: https://www.econbiz.de/10013234043

Agricultural Decisions after Relaxing Credit and Risk Constraints

Karlan, Dean S. - 2014

The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We … leads to significantly larger agricultural investment and riskier production choices in agriculture. The binding constraint …

Persistent link: https://www.econbiz.de/10013065210

Can Smallholder Extension Transform African Agriculture?

Deutschmann, Joshua W. - 2020

Agricultural productivity in Sub-Saharan Africa (SSA) lags far behind all other regions of the world. A long list of policy experiments has yielded more evidence on what fails than on what works. We analyze a randomized control trial of a rare scaled-up success story: One Acre Fund's small...

Persistent link: https://www.econbiz.de/10012839959

Insurance Contracts When Individuals “Greatly Value” Certainty : Results from a Field Experiment in Burkina Faso

Serfilippi, Elena - 2018

In discussing the paradoxical violation of expected utility theory that now bears his name, Maurice Allais noted that individuals tend to “greatly value” payoffs that are certain. Allais' observation would seem to imply that people will undervalue insurance relative to the predictions of...

Persistent link: https://www.econbiz.de/10012911082

Are Small Farms Really More Productive than Large Farms?

Aragon, Fernando M. - 2019

In this paper we show that the study of the farm size-productivity relationship hinges on the choice of productivity measure. Our main insight is that using yields, a partial measure of productivity, may not be informative for the size-productivity relationship because, in addition to total...

Persistent link: https://www.econbiz.de/10012862048

Self-Selection into Credit Markets : Evidence from Agriculture in Mali

Beaman, Lori A. - 2014

large positive investment responses and returns to grants for a random (representative) sample of farmers, showing that …

Persistent link: https://www.econbiz.de/10013048579

Financing Smallholder Agriculture : An Experiment with Agent-Intermediated Microloans in India

Maitra, Pushkar - 2014

Recent evaluations of traditional microfinance loans have found no significant impacts on borrower incomes or productive activities. We examine whether this can be remedied by (a) modifying loan features to facilitate financing of working capital needs of farmers, and (b) delegating selection of...

Persistent link: https://www.econbiz.de/10013043280

Seasonal Liquidity, Rural Labor Markets and Agricultural Production

Fink, Günther - 2018

Many rural households in low and middle income countries continue to rely on small-scale agriculture as their primary source of income. In the absence of irrigation, income arrives only once or twice per year, and has to cover consumption and input needs until the subsequent harvest. We develop...

Persistent link: https://www.econbiz.de/10012920359

Sell Low and Buy High : Arbitrage and Local Price Effects in Kenyan Markets

Burke, Marshall - 2018

sell at higher prices, increasing farm revenues and generating a return on investment of 28%. To understand general …

Persistent link: https://www.econbiz.de/10012922227

Small Farms, Externalities, and the Dust Bowl of the 1930'S

Hansen, Zeynep K.; Libecap, Gary D. - 2021

We provide a new and more complete analysis of the origins of the Dust Bowl of the 1930s, one of the most severe environmental crises in North America in the 20th Century. Severe drought and wind erosion hit the Great Plains in 1930 and lasted through 1940. There were similar droughts in the...

Persistent link: https://www.econbiz.de/10013222323

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