Past agricultural input market participation studies have generally ignored the joint influence of income diversification, transaction cost and production risk on input market participation decisions. This study develops an analytical framework that jointly incorporates the three factors and...

There is a widely held view that off-farm income in developing countries tends to reduce poverty, leading to the conclusion that policies should focus on the further diversification of income options of rural households. However, much off-farm employment might be initiated rather as a survival...

On the basis of a household typology distinguishing between net sellers, net buyers and self sufficient, the Net Benefit Ratio (NBR), defined by Deaton (1989), is used to approximate households' first order welfare variations when price change. In this paper, we discuss both the typology's...