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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
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
We examine whether returns to capital are higher for farmers who borrow than for those who do not, a direct implication of many credit market models. We measure the difference in returns through a two-stage loan and grant experiment. We find large positive investment responses and returns to...
Persistent link: https://www.econbiz.de/10013048579
. For new technologies, the case of agriculture demonstrates that government has an important role in antitrust, the …
Persistent link: https://www.econbiz.de/10013039091
During the 1850s, land in U.S. farms surged by more than 100 million acres while almost 50 million acres of land were transformed from their raw, natural state into productive farmland. The time and expense of transforming this land into a productive resource represented a significant fraction...
Persistent link: https://www.econbiz.de/10013039250
Recent research has pointed to large gaps in labor productivity between the agricultural and nonagricultural sectors in low-income countries, as well as between workers in rural and urban areas. Most estimates are based on national accounts or repeated cross-sections of micro-survey data, and as...
Persistent link: https://www.econbiz.de/10012960696
Why do developing countries fail to specialize in products in which they appear to have a comparative advantage? We propose a model of agricultural trade with intermediation that explains how hold-up resulting from poor contracting environments can produce such an outcome. We use the model to...
Persistent link: https://www.econbiz.de/10013044971
We model the relationship between local agricultural surpluses, nutritional status, and height, and we test the hypothesis that adult height is positively correlated with the local production of nutrition in infancy. We test the hypothesis on two samples of Union Army recruits - one consisting...
Persistent link: https://www.econbiz.de/10013233903
U.S. agriculture was transformed during the 20th century by waves of innovation with mechanical, biological, chemical …, and information technologies. Compared with a few decades ago, today’s agriculture is much less labor intensive and farms …
Persistent link: https://www.econbiz.de/10013322662
We examine the role of structural change in the economic development of Vietnam from 1990 to 2008. Structural change … discuss the role of reforms in agriculture, enterprises, and international integration in this process. In addition to the … drastic move of employment away from agriculture toward services and manufacturing, we also document the movement of workers …
Persistent link: https://www.econbiz.de/10013073197