Kazianga, Harounan; Masters, William A. - 2005
In this paper, we use a vintage-capital model with risk of eviction to assess cocoa farmers' response to changes in … their tenure security and to the introduction of a new, faster-maturing cocoa variety. The model is calibrated with data … welfare and deforestation rates. Our findings can be summarized in three points. First, improved tenure security over cocoa …