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We present a model of market participation in which the presence of nonnegligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise when household resources must be devoted a priori to the decision to participate in the market. These costs -...
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We present a model of market participation in which the presence of non-negligible fixed costs leads to random censoring of the traditional double-hurdle model. Fixed costs arise when household resources must be devoted a priori to the decision to participate in the market. These costs, usually...
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Rationalizing non-participation as a resource deficiency in the household, this paper identifies strategies for milk-market development in the Ethiopian highlands. The additional amounts of covariates required for positive marketable surplus--distances-to market--are computed from a model in...
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Some small-holders are able to generate reliable and substantial income flows through small-scale dairy production for the local market; for others, a set of unique transaction costs hinders participation. Cooperative selling institutions are potential catalysts for mitigating these costs,...
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