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Smallholder agricultural production depends heavily on environmental production conditions that are largely exogenously determined. Yet, few data sets collect necessary, detailed information on environmental production conditions. This oversight raises the spectre of likely omitted variables...
Persistent link: https://www.econbiz.de/10013124837
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...
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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...
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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
Smallholder agricultural production depends heavily on environmental production conditions that are largely exogenously determined. Yet few data sets collect necessary, detailed information on environmental production conditions. This oversight raises the spectre of likely omitted variables bias...
Persistent link: https://www.econbiz.de/10014130961