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Little empirical work has quantified the transitory effects of macroeconomic shocks on farm-level production behavior. We develop a simple analytical model to explain how macroeconomic shocks might temporarily divert managerial attention, thereby affecting farm-level productivity, but perhaps to...
Persistent link: https://www.econbiz.de/10005801765
There is a large literature on the estimation of frontier production functions, much of it applied to low-income agriculture. However, much of this literature largely ignores nature's role in agricultural production. Because exogenous, natural production conditions (e.g., rainfall, soil quality,...
Persistent link: https://www.econbiz.de/10005801783
Little empirical work has quantified the transitory effects of macroeconomic shocks on farm-level production behaviour. We develop a simple analytical model to explain how macroeconomic shocks might temporarily divert managerial attention, thereby affecting farm-level productivity, but perhaps...
Persistent link: https://www.econbiz.de/10005450039
Persistent link: https://www.econbiz.de/10005280722
This article introduces a method for estimating structural labor supply models in the presence of unobservable wages and deviations of households' marginal revenue product of self-employed labor from their shadow wage. This method is therefore robust to a wide range of assumptions about labor...
Persistent link: https://www.econbiz.de/10005324797
There is a large literature on the estimation of frontier production functions, much of it applied to low-income agriculture. However, much of this literature largely ignores nature's role in agricultural production. Because exogenous, natural production conditions (e.g., rainfall, soil quality,...
Persistent link: https://www.econbiz.de/10014204677