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Agricultural productivity in Sub-Saharan Africa (SSA) lags far behind all other regions of the world. A long list of … program aims to relax multiple constraints to productivity simultaneously. We show that participation causes statistically and …
Persistent link: https://www.econbiz.de/10012839959
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 factor productivity, yields pick up input markets distortions and deviations from …
Persistent link: https://www.econbiz.de/10012862048
A vast firm productivity literature finds that otherwise similar firms differ widely in their productivity and that …,000 agricultural plots across four countries in Africa to study the size, source, and persistence of productivity dispersion among … smallholder farmers. Applying standard regression-based approaches to measuring productivity residuals, we find much larger …
Persistent link: https://www.econbiz.de/10013307824
This paper examines interactions between market power and agricultural policy in the U.S. wheat flour milling industry using a non-parametric approach. The analysis focuses on marketing loan and pre-1986 deficiency payment programs; farmers' payments from these programs are dependent on whether...
Persistent link: https://www.econbiz.de/10013131272
Grain shippers and political figures in North Dakota and nearby states have voiced concern that the dramatic increases in shipments of crude oil by rail have caused service delays and higher costs. We investigate the potential impact of crude shipments on grain markets accounting for harvest...
Persistent link: https://www.econbiz.de/10012945621
by crop for small spatial units. Crucially, this dataset contains information about the productivity of all units for all … in magnitude to those due to productivity improvements over that same period …
Persistent link: https://www.econbiz.de/10012977275
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
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
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
productivity. TRAIL loans also achieved higher repayment and take-up rates, and lower administrative costs …
Persistent link: https://www.econbiz.de/10013043280