We present a model of market adoption (participation) where the presence of non-negligible fixed costs leads to non-zero censoring of the traditional double-hurdle regression. Fixed costs arise due to household resources that must be devoted a priori to the decision to participate in the market....

Poverty is higher in most African countries than elsewhere in the developing world, and highest in the rural areas. Accelerating growth in agriculture will therefore be critical to sustain growth and reduce poverty, but policy makers are unsure which sub-sector will yield the highest return for...

Mathematical programming analysis has been quite effective for commercial farm planning in developed countries, but less so for subsistence farms in developing countries. In particular, it is difficult to reproduce the level of diversification observed on subsistence farms using a simple profit...

Identifying ways to increase market participation by smallholder producers requires identifying variables that influence market access. This is usually achieved using probit estimation. An important phenomenon affecting entry decision-making is the entry decision of a 'similar' household, where...

Sub-Saharan Africa (SSA) is the most important development challenge of the 21st century. Poverty is higher in most African countries than elsewhere in the developing world. According to the recently published Report of the Commission for Africa, economic growth in Africa is necessary for...

Access to credit is one strategy for promoting the adoption of yield-enhancing technologies. However, advancing credit to smallholder farmers for encouraging technology adoption is a complex policy issue. The objective of this paper is to identify appropriate and sustainable credit repayment...

There are well-founded fears that it is unrealistic to expect Africa to achieve the Millennium Development Goal 1 (MDG1) to eradicate extreme poverty and hunger and to halve the proportion of people who suffer hunger by 2015. Recent efforts of African governments to meet the MDG1 have resulted...