Stated preference approaches are widely used in non-market valuation. However, their potential uses extend far beyond valuation. In particular they can be used to assess efficiency of resource allocations and to design optimal resource allocations. Changes to the government budget were evaluated...

This paper assessed the effects of transactions costs—relative to price and non-price factors—on smallholder marketed surplus and input use in Kenya. A selectivity model was used that accounts not only for the effects of fixed and variable transactions costs but also for the role of assets,...

This study determines the factors that influenced contract choice, labour demand and examines the existence of labour hoarding practice in Western region of Kenya. Data from Egerton University’s Tegemeo Institute of Agricultural Policy and Development was used for the analysis.. A two step...

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Livestock is the most important source of cash for small-scale farmers in the semi-arid tropics of southern Africa. However, with limited access to markets, farmers do not have the incentive to invest in improved livestock management. Livestock production and off-takes remain low and farmers are...

Due to the size of the European Union’s agricultural production and its market, the impact of the EU’s Common Agricultural Policy (CAP) reaches far beyond Europe and has major implications for trade in agricultural goods all over the world including the ESA region. Since the 1950s, the CAP...

This study is based on data collected from 141 family-type farms in the Yatenga province in Burkina Faso. A probit approach is used to analyze the effect of perception of land degradation and other factors on the adoption of zaï and stone rows. The results of the estimation show that the...

The IFAMR is published quarterly by the International Food and Agribusiness Management Association. www.ifama.org

Recent research shows that disparities between willingness to pay (WTP) and willingness to accept (WTA) disappear with market experience and training. In effect, preferences can be refined by eliminating subjects’ misconceptions regarding elicitation procedures. We use a stated measure of...