While high transportation cost and market power are long-recognized sources of market inefficiency, their analytical relation has not been established in a developing country context. In this paper, we analyze the mechanism by which lower transportation costs increase farm prices and profits by...

This paper summarizes and synthesizes the role of markets in facilitating climate change adaptation. It explains how market signals encourage adaptation through land markets. It also identifies impediments to critical market signals, provides related policy recommendations, and points to...

This paper provides empirical evidence on the welfare losses associated with asymmetric information about product quality in a competitive market. When consumers cannot observe product characteristics at the time of purchase, atomistic producers have no incentive to supply costly quality. We...

This paper derives the incidence of a pollution tax in a stylized general equilibrium framework, building on previous work by Fullerton and Heutel (2007a). Using the CPI as numeraire, we show that tax incidence is a simpler problem than previously thought, and that general insights can be...

Shrimp farming and exporting is the main income source for the southern coastal districts of the Mekong delta. Monitoring these shrimp ponds is helpful in identifying losses incurred due to natural calamities like floods, sources of water pollution by chemicals used in shrimp farming, and...

Agricultural information is transferred through social interactions; therefore, ties to agricultural informants and network structures within farmers' local neighborhoods determine their information-gathering abilities. This paper uses a spatial autoregressive model that takes account of spatial...

Informal network helps disseminate agricultural knowledge in the rural area where formal extension is lacking. However, how the interplay between formal training and informal network promotes technology adoption is still under-studied. This paper aims to examine the effects of training locations...

Managerial capital has received attention in recent years as one of the major determinants for enterprise productivity, growth, and longevity. While recent empirical studies make it clear that training intervention can improve the management level, it remains unclear why the managers had not...

While the role of risks in technology adoption is a classical topic, its effects beyond adoption have not been examined well enough despite that dis-adoption of a technology is also common. This paper examines the role of risk preferences and an exogenous shock on the survival of farmers for a...