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realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10010908080
realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a … the main instrument, that the return to agricultural investment depends substantially on the conditions under which it is …-invest, by a factor of three, when we compare actual levels of investments to the optimal investment level that maximizes …
Persistent link: https://www.econbiz.de/10010796654
leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We …
Persistent link: https://www.econbiz.de/10011083318
leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We …
Persistent link: https://www.econbiz.de/10010908078
strong, and insurance leads to significantly larger agricultural investment and riskier production choices in agriculture …The investment decisions of small-scale farmers in developing countries are conditioned by the farmers’ financial … environment. Binding credit-market constraints and incomplete insurance can reduce investment in activities with high expected …
Persistent link: https://www.econbiz.de/10010610695
We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can...
Persistent link: https://www.econbiz.de/10010908066
as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …
Persistent link: https://www.econbiz.de/10010959581
The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This … article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that … war enhances land abundance. This implies that farm size for the analysis of land investment and tenure security. The …
Persistent link: https://www.econbiz.de/10004963705
Using data from the Philippines, we study the impact of mobile phones on the prices agricultural producers receive for their cash crop. We first look at the impact on price of mobile phone ownership at the household level. Because this masks a considerable amount of heterogeneity, we then look...
Persistent link: https://www.econbiz.de/10011110475
Stochastic frontier production function analysis was performed to examine relative crop and milk production efficiency among peasants in Ada and Selale districts of the Central highlands of Ethiopia. The results indicate that Ada farmers exhibit relatively higher efficiency scores in cereal...
Persistent link: https://www.econbiz.de/10005837294