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This paper presents an assessment of the linkages between crop genetic diversity, farm productivity and risk management … increase farm productivity and reduce risk exposure. The empirical results indicate that crop genetic diversity can reduce …
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We study the impact of incomplete consumption risk-sharing on land misallocation in rural economies. We develop a general equilibrium model of land cultivation choices, where heterogeneous agricultural households face idiosyncratic output shocks and insure themselves by participating in a...
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