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The Government of Mozambique is considering legal changes in its land law and administration of state leasehold property-an enormous challenge given its past socialist history and the uncertainties created by its current transition to a private market economy. The present research sought to...
Persistent link: https://www.econbiz.de/10005330184
This article provides a methodological bridge leading from the well-developed theory of credit rationing to the less developed territory of empirically identifying credit constraints. We begin by developing a simple model showing that credit constraints may take three forms: quantity rationing,...
Persistent link: https://www.econbiz.de/10005025676
The availability of immigrant farm-workers from Mexico is a critical factor affecting the U.S. fresh fruit and vegetable sector. This paper uses retrospective panel data from rural Mexico to examine the impact of the North American Free Trade Agreement and the Immigration Reform and Control Act...
Persistent link: https://www.econbiz.de/10005157909
This paper uses unique data from rural Mexico to examine the supply of immigrant hired labour to US farms. Econometric evidence indicates that immigration policy reforms had unintended consequences for farm labour supply. The long-term trend in migration from rural Mexico to US farms is...
Persistent link: https://www.econbiz.de/10009291597
We develop a model that shows that asymmetric information can result in two types of credit rationing: conventional quantity rationing, and “risk rationing,” whereby farmers are able to borrow but only under high-collateral contracts that offer them lower expected well-being than a safe,...
Persistent link: https://www.econbiz.de/10009394245
The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such...
Persistent link: https://www.econbiz.de/10008599552
Persistent link: https://www.econbiz.de/10009902833
Persistent link: https://www.econbiz.de/10005803173
Beginning in January 1991, the U.S. Agency for International Development funded a series of studies on land, employment, and financial markets in the peri-urban areas of Maputo. Beginning in September 1991, a land-market survey involving 121 households and 162 plots of land was administered in...
Persistent link: https://www.econbiz.de/10005804966
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 4, November 2007.
Persistent link: https://www.econbiz.de/10005805023