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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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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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Despite having the second largest livestock population in Africa and favorable climate, the contribution of the livestock, especially the dairy sector to the Ethiopian economy is minimal. The per capita consumption of dairy products of 16 liters is one of the lowest in the world. With increasing...
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