There is a general agreement that agricultural growth in developing countries is needed in order to increase income and guarantee food security. Many authors agree that to achieve these goals, an increase in agricultural yield and production is necessary. However, the literature has shown a...

Fertilizer subsidies are again part of the policy agenda in Sub-Saharan Africa since the 1990s. Governments spend large shares of their agricultural budgets and their means to fight poverty on such programmes, but economists formulated doubts whether these investments will pay off. This paper...

Fertilizer subsidies are again part of the policy agenda in Sub-Saharan Africa since the 1990s. Governments spend large shares of their agricultural budgets and their means to fight poverty on such programmes, but economists formulated doubts whether these investments will pay off. This paper...

Fertilizer subsidies are again part of the policy agenda in Sub-Saharan Africa since the 1990s. Governments spend large shares of their agricultural budgets and their means to fight poverty on such programmes, but economists formulated doubts whether these investments will pay off. This paper...

A substantial amount of the literature has reported on the impact of access to credit on technology adoption, and many studies find that credit has a positive impact on adoption. However, most existing studies have failed to explicitly measure and analyze the amount of credit that farm...

Moral hazard is widely reported as a problem in credit and insurance markets, mainly arising from information asymmetry. Although theorists have attempted to explain how group lending with joint liability can be an important tool for mitigating moral hazard among the poor, empirical studies are...

Moral hazard is widely reported as a problem in credit and insurance markets, mainly arising from information asymmetry. Although theorists have attempted to explain the success of Joint Liability Lending (JLL) schemes in mitigating moral hazard, empirical studies are rare. This paper...

This paper examines potential of contract farming as a rural development tool by revealing its effect on productivity and income of small holders in tea production in north-western Vietnam. In the present research, three economic analyses are applied. First, the technical efficiency of tea...

Guided by the frame work of a household model under credit market failure, this paper aims at investigating the impact of access to credit on the adoption of hybrid maize among households that vary in their credit constraints. The data used in the study is from Malawi collected by the...