Sauer, Johannes; Mendoza-Escalante, Arisbe - Gesellschaft für Wirtschafts- und Sozialwissenschaften … - 2007
This research empirically investigates the well known 'poor-but-efficient' hypothesis formulated by Schultz (1964) assuming that small scale farmers in developing countries are reasonably efficient in allocating their scarce resources by responding positively to price incentives. Deviating from...