Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10013453749
This paper presents a model where misallocation in the agricultural factors of production is caused by transportation costs to and from local markets, which result in an inefficiently large share of inputs operated by less productive subsistence farmers. The model derives some testable...
Persistent link: https://www.econbiz.de/10015113943