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Agricultural households in developing countries face substantial risk of farm income fluctuations. Farm income is subject to yield and prise risk, both of which are significant because of the dependence of farming on weather. The paper attempts to estimate the variability of net profits at the...
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Myanmar's agricultural economy has been under transition from a planned to a market system since the late 1980s and has experienced a substantial increase in production. However, little research is available on the impact of economic policies in this country on agricultural production decisions...
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Do local institutions influence the nature of political clientelist exchange? We find a positive answer in the context of a village institution prevalent in Java since the Dutch colonial rule, where democratically elected village heads receive usufruct rights over a piece of communal village...
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