The goal of this study is to assess households? labor allocation in the wake ofChina?s efforts to develop the rural labor market in a manner that is conductive toits transition to a market economy. Applying the agricultural household model asthe theoretical framework, we help to understand the...

During the transition of the Vietnamese economy, adaptation of the financialsystem was one of the most challenging reforms. A major task of this reformwas to expand the financial system?s outreach to the newly emerging privatesector and household economies, especially in rural areas. Therefore,...

The prevalence of non-monetary transactions (NMT) in the Ukrainian economyis a phenomenon attributable to its transition to a market system. Major types ofNMT are barter transactions, offsets and payment in kind. Non-monetary transactionsare widespread in agriculture.The aim of this research is...

Insurance policies that trigger on county yield and revenue indexes are expected to be more actuarially fair than policies that trigger on individual farm yield and revenue since individual farm hidden actions and hidden information impacting purchase decisions will be built into insurance...

Static economic theory views the production and consumption sides of the economic environment separately as two unique activities. The distinction between the business and home aspects in the case of farming arose in economic theory and principles of analysis, especially because static theory...

Although most of the rice area in Indonesia is still prepared manually, since the early 1980s the government has promoted tractors for land preparation through subsidized loans. This has increased capital investment in agriculture; and for the farmers, the cost of owning and operatingtractor has...

This paper explores the link between cost and price in two irrigation schemes in Mali - the Office du Niger (ON), a large-scale gravity irrigation authority, and a number of small pump-irrigated fields at village perimeters along the Niger River (Petits Perimetres d'Irrigation Villagois). I...

The evaluation of USAID funded farming systems research projects must play an important role in the design of future projects if one is to build on past experience to improve project performance. The development of an institutional memory is particularly important as FSR is new and still taking...

In recent years, governmental and nongovernmental organizations in many low-income countries have introduced credit programs targeted to the poor. Many of these programs specifically target the poor on the premise that they are more likely to be credit constrained and have restricted access to...

Farmers face many risks which arise from natural, economic and socio-political environments. Risk sharing institutions like national insurance and credit schemes that help reduce the burden of risk to society are weak in Uasin Gishu county. Private sector insurance products are still in their...