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their own transport means. Using data from Madagascar, the paper reexamines the important roles of agrobusinesses. By …
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The expansion in farm size is an important contributor to agricultural productivity in developed countries, but the reallocation process is hindered in less developed economies. How do distortions to factor reallocation affect farm dynamics and agricultural productivity? We develop a model of...
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collected in a small region of Madagascar with enormous, yet plausibly exogenous, variation in transport cost. A road that …
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