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Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...
Persistent link: https://www.econbiz.de/10012322481
A consistent finding in the development literature is that average non-farm labor productivity is higher than average …
Persistent link: https://www.econbiz.de/10012882440
According to standard economic theory, households should equate the marginal revenue product of an input across activities within the household. However, this prediction may not hold in the presence of risk. Using data on farm plots and non-farm enterprises in Malawi, we examine the impact of...
Persistent link: https://www.econbiz.de/10012658282
Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...
Persistent link: https://www.econbiz.de/10012290639
with the ideas of entrepreneurship as being place dependent and that ecosystem measures should be concerned with what … entrepreneurs want - and less on existing institutions. …
Persistent link: https://www.econbiz.de/10014552647
requirement now is that future industrial policy ought to be a nuanced partnership between entrepreneurs and the state. In this … evolving, and that it depends on the stage of development of a particular country. …
Persistent link: https://www.econbiz.de/10010280061
The remarkable influx of Chinese migrant entrepreneurs in West Africa has been met with growing resistance from … established African entrepreneurs. Whether the Chinese have a competitive edge over Africans because of distinctive sociocultural … exist trading diasporas which have a generally enhanced innovative capacity vis-àvis local entrepreneurs, regardless of the …
Persistent link: https://www.econbiz.de/10011346056
We review the literature on the distribution of farm sizes in sub-Saharan Africa, trends over time, drivers of change … widely viewed that African agriculture is dominated by small-scale farms, we show that medium-scale farms of 5 to 100 …
Persistent link: https://www.econbiz.de/10013322020
Persistent link: https://www.econbiz.de/10011698636
-based strategies exemplified under the Comprehensive Africa Agriculture Development Programme (CAADP). … agriculture therein, and the pace of structural transformation in Africa over the last 50 years. The evolution has involved …. Government intervention in favour of industrialization in the 1960s-1970s resulted in the neglect of agriculture, poor growth …
Persistent link: https://www.econbiz.de/10010260001