Australian farmers face between three and ten times the level of production risk faced by farmers in competing countries worldwide (OECD-FAO, 2011). Consequently, in Australia, identical management plans may result in sharply contrasting distributions of financial outcomes. These differences...

We study the relation between access to finance and productivity. Our contribution to the literature is a clean identification of a causal effect of access to finance on productivity. Specifically, we exploit an exogenous shift in demand for a product to expose how producers adapt their...

The agricultural yield is affected by several risks, main of them are not controllable by humans. For this reason, the CAP has established several interventions to help guaranteeing a stable and appropriate income to farmers. One of the main policy interventions established in the current CAP...

The prices of horticultural products fluctuate depending on a number of factors, such as perishability, storage possibilities, insufficient supply for a certain assortment, quality, etc., which can stimulate or reduce the incomes of agricultural producers. The paper aims to substantiate from a...

This article investigates dairy farm investment behaviour and the presence of soft budget constraints in the dairy farms of Baltic and Central European transition countries - Estonia, Hungary and Slovenia - using individual dairy farm accountancy panel data for the years 2007–2015. The...

This paper evaluates the impact of the introduction of savings groups on poverty, vulnerability, and financial inclusion outcomes in rural Peru. Using a cluster randomized control trial and relying on both survey and administrative records, we investigate the impact of savings groups after more...

This paper uses data on farmers' price expectations from a survey of randomly sampled smallholder farmers in Mozambique. Survey data show that across all crops most interviewed farmers expect prices to be higher in the lean season. Yet, farmers report selling most of their output shortly after...

Food crises triggered by high prices had been experienced in agricultural markets in the past. However, the current state of agricultural markets has raised a lot of concerns to policy makers, media, the public and all stakeholders. This is against the background of the fact that only a selected...

This report is part of an ongoing annual series of reports on Fixing the Business of Food initiated and actively supported by the Barilla Center for Food and Nutrition (BCFN). The report is the product of a team including BCFN, the Columbia Center on Sustainable Investment (CCSI) at Columbia...

Credit reporting systems have become a widespread tool to assess the creditworthiness of prospective borrowers. This paper studies the implications for credit access of using them in contexts where exogenous and transitory shocks affect income and repayment. Using a novel administrative data set...