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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
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Heterogeneous Yield Impacts from Adoption of Genetically Engineered Corn and the Importance of Controlling for Weather
Lusk, Jayson - 2017
security. While numerous experimental and farm-level studies have found that adoption of genetically engineered crops has been … county-level corn yields from 1980 to 2015 in conjunction with data on adoption of genetically engineered crops, weather, and … genetically engineered crops have increased yields above trend. There is marked heterogeneity in the effect of adoption of …
Persistent link: https://www.econbiz.de/10012953983
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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 conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10013065210
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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
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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
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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
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Self-Selection into Credit Markets : Evidence from Agriculture in Mali
Beaman, Lori A. - 2014
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
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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
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Sell Low and Buy High : Arbitrage and Local Price Effects in Kenyan Markets
Burke, Marshall - 2018
Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell low and buy high" rather than the...
Persistent link: https://www.econbiz.de/10012922227
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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