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Registros recuperados: 19
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On the Efficacy of Contractual Provisions for Processing Tomatoes AgEcon
Hueth, Brent; Ligon, Ethan.
This paper uses extensive data on production outcomes for processing tomato growers in California to examine the efficacy of explicit incentives observed in grower-processor contracts. Our data include all deliveries of tomatoes to some 51 processors over a period of 7 years in which at least 65 unique types of contracts are employed. Results indicate that incentives account for a significant proportion of observed variation in production outcomes, and that complementarities across different sorts of "incentive instruments" play a prominent role in contract design. Although explicit incentives explain a substantial portion of the variation in production outcomes relative to that which could be explained by incentives (as captured by processor/year fixed...
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/21990
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COMPUTING PRIVATE INFORMATION EQUILIBRIA: MORAL HAZARD IN AN INDIAN VILLAGE AgEcon
Ligon, Ethan.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 1995 URL: http://purl.umn.edu/25035
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Interactions between Explicit and Implicit Contracting: Evidence from California Agriculture AgEcon
Hueth, Brent; Ligon, Ethan; Melkonyan, Tigran A..
We examine interactions among explicit and implicit contracting practices for a sample of 385 intermediaries in California fruit and vegetable markets. Explicit practices are measured with an indicator for the existence of a formal contract, and with indicators for various contract specifications (e.g., target delivery date, volume, acreage). Implicit practices are measured directly with a question about the existence of an “implicit understanding,” and indirectly with questions about the extent of informal involvement in farm-level decision making. Firms that manufacture processed foods, and that grow in house a portion of their total farm input, are significantly more likely to report use of explicit and implicit contracting practices. Additionally,...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Farm Management.
Ano: 2008 URL: http://purl.umn.edu/6068
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Dynamics, risk, and vulnerability AgEcon
Ligon, Ethan.
Recent research on household `vulnerability' has led to an increased appreciation of the welfare costs of risk. Measuring the risk borne by a particular household has generally involved the use of panel data, and in particular the use of time series variation in household expenditures to estimate the risk borne by the household in any given period. This has led researchers to focus on static measures of vulnerability, since once used to identify the distribution of consumption expenditures in a single period the time series variation can no longer be used to describe the intertemporal profile of the distribution of consumption expenditures--simultaneous estimation of inequality, risk, and time series variation in household vulnerability requires the...
Tipo: Working Paper Palavras-chave: Community/Rural/Urban Development; Public Economics.
Ano: 2011 URL: http://purl.umn.edu/120423
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AJAE Appendix: Agricultural Contracts: Data and Research Needs AgEcon
Hueth, Brent; Ligon, Ethan; Dimitri, Carolyn.
The material herein contained is supplementary to the article name in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 5, December 2007.
Tipo: Journal Article Palavras-chave: Farm Management.
Ano: 2007 URL: http://purl.umn.edu/7073
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MEASURING VULNERABILITY AgEcon
Ligon, Ethan; Schechter, Laura.
Traditional poverty measures neglect several important dimensions of household welfare. In this paper we construct a measure of "vulnerability" which allows us to quantify the welfare loss associated with poverty as well as the loss associated with any of a variety of different sources of uncertainty. Applying our measure to a panel dataset from Bulgaria in 1994, we find that poverty and risk play roughly equal roles in reducing welfare. Aggregate shocks are more important than idiosyncratic sources of risk, but households headed by an employed, educated male are less vulnerable to aggregate shocks than are other households.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2002 URL: http://purl.umn.edu/19899
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RISK SHARING AND INFORMATION: THEORY AND MEASUREMENT IN VILLAGE ECONOMIES AgEcon
Ligon, Ethan.
Tipo: Working or Discussion Paper Palavras-chave: Community/Rural/Urban Development; Risk and Uncertainty.
Ano: 1996 URL: http://purl.umn.edu/25091
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Incentives and nutrition for rotten kids: intrahousehold food allocation in the Philippines AgEcon
Dubois, Pierre; Ligon, Ethan.
Using data on individual consumption expenditures from a sample of farm households in the Philippines, we construct a direct test of the risk-sharing implications of the collective household model. We are able to contrast the efficient outcomes predicted by the collective household model with the outcomes we might expect in environments in which food consumption delivers not only utils, but also nutrients which affect future productivity. Finally, we are able to contrast each of these two models with a third, involving a hidden action problem within the household; in this case, the efficient provision of incentives implies that the consumption of each household member depends on their (stochastic) productivity. The efficiency conditions which...
Tipo: Working Paper Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/120421
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The Value of social networks in rural Paraguay AgEcon
Ligon, Ethan; Schechter, Laura.
We conduct field experiments in rural Paraguay to measure the value of reciprocity within social networks in a set of fifteen villages. These experiments involve conducting dictator- type games different treatments involve manipulating the information and choice that individuals have in the game. These different treatments allow us to measure and distinguish between different motives for giving in these games. The different motives we're able to measure include a general benevolence and reciprocity within the social network. We're further able to draw inferences from play in the games regarding the sorts of impediments to trade which must restrict villagers' ability to share in states of the world when no researchers are present running experiments and...
Tipo: Working Paper Palavras-chave: Community/Rural/Urban Development.
Ano: 2011 URL: http://purl.umn.edu/120419
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ALTRUISM AND MARKETS AgEcon
Ligon, Ethan.
Tipo: Working or Discussion Paper Palavras-chave: Marketing.
Ano: 1995 URL: http://purl.umn.edu/25115
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QUALITY MEASUREMENT AND RISK-SHARING IN CONTRACTS FOR CALIFORNIA FRUITS AND VEGETABLES AgEcon
Hueth, Brent; Ligon, Ethan.
We hypothesize that imperfect quality measurement in contracts for fresh fruits and vegetables results in a moral-hazard problem, and that the final price of the produce provides additional information regarding quality. As a consequence, growers are not shielded from all price risk. This hypothesis is tested informally with observations on actual contracts in California.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis; Risk and Uncertainty.
Ano: 1998 URL: http://purl.umn.edu/20957
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Dynamic Bargaining in Households (with application to Bangladesh) AgEcon
Ligon, Ethan.
Much recent empirical work on intra-household allocation uses the axiomatic Nash Bargaining model to make predictions about how the distribution of consumption within the household will respond to individuals' income shocks. However, one of the basic axioms underlying this approach is that allocations will be Pareto optimal, so forward-looking, risk adverse household members ought to be expected to smooth away any such response to income shocks-Pareto optimality seems to be too strong in a dynamic setting. In this paper we use explicitly dynamic framework and replace the axiom of Pareto optimality with a weaker notion of efficiency. We give a simple algorithm for computing allocations, and construct an extended example, meant to model the effects of...
Tipo: Working or Discussion Paper Palavras-chave: Consumer/Household Economics.
Ano: 2002 URL: http://purl.umn.edu/25102
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Motives for sharing in social networks AgEcon
Ligon, Ethan; Schechter, Laura.
What motivates people in rural villages to share? We first elicit a baseline level of sharing using a standard, anonymous dictator game. Then using variants of the dictator game that allow for either revealing the dictator's identity or allowing the dictator to choose the recipient, we attribute variation in sharing to three different motives. The first of these, directed altruism, is related to preferences, while the remaining two are incentive-related (sanctions and reciprocity). We observe high average levels of sharing in our baseline treatment, while variation across individuals depends importantly on the incentive-related motives. Finally, variation in measured reciprocity within the experiment predicts observed `real-world' gift-giving, while...
Tipo: Working Paper Palavras-chave: Community/Rural/Urban Development; Political Economy; Teaching/Communication/Extension/Profession; C92; C93; D03; D64; D85; O17.
Ano: 2011 URL: http://purl.umn.edu/120376
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Dynamic intrahousehold bargaining, matrimonial property law and suicide in Canada AgEcon
Adam, Christopher; Hoddinott, John; Ligon, Ethan.
This paper develops a dynamic model of household bargaining and uses it to motivate an empirical analysis of the impact changes in Canadian laws regarding the allocation of family assets upon divorce on female suicide. Using time series data, we show that in Ontario, the passage of Canadian legislation that improved women's rights to assets upon divorce was associated with reductions in the rate of female suicide amongst older (married) women while not affecting younger (unmarried) women. As suggested by our model, its impact was asymmetric in that male suicide rates were unaffected by this change. We also exploited a quasi-natural experiment in these data, namely that no comparable legislative change occurred in Quebec. Here, we do not observe a...
Tipo: Working Paper Palavras-chave: Intrahousehold; Bargaining; Divorce; Suicide; Canada; Community/Rural/Urban Development; D10; J12.
Ano: 2011 URL: http://purl.umn.edu/120422
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Can Growth Compensate Inequality and Risk?---a welfare analysis for Chinese households AgEcon
Cao, Heping; Ligon, Ethan; Meng, Xiangyi.
It has been widely observed that China’'s break-neck growth has not been equally shared between rural and urban areas, with urban households' enjoying a much larger proportion. To further test whether regional inequality exists within urban areas, we measure urban households’ vulnerability in a risky environment and decompose this measure to quantify China aggregate risks, province-level risks and idiosyncratic risks faced by households situated in 31 provinces. Besides, under this framework of analysis, we are able to make welfare comparisons between growth, inequality and different risks. We find that inequality has very big negative effect on households'’ welfare, while growth is able to compensate nearly half of it; households seem to be able to smooth...
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/21458
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ECONOMIC DISTANCE, SPILLOVERS, AND CROSS-COUNTRY COMPARISONS AgEcon
Conley, Timothy G.; Ligon, Ethan.
Tipo: Working or Discussion Paper Palavras-chave: International Development; International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/25037
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Estimating the effects of aggregate agricultural growth on the distribution of expenditures AgEcon
Ligon, Ethan; Sadoulet, Elisabeth.
Tipo: Working Paper Palavras-chave: International Development.
Ano: 2011 URL: http://purl.umn.edu/120420
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ESTIMATION OF AN OPTIMAL TOMATO CONTRACT AgEcon
Hueth, Brent; Ligon, Ethan.
This paper estimates an agency model of contracts used in California's processing-tomato industry. Model estimation proceeds in three stages. We first estimate growers' stochastic production possibilities, and then, for a given vector of preference parameters, compute an optimal compensation schedule. Finally, we compare computed compensations with actual compensations and choose preference parameters to minimize distance between the two. Assuming perfect competition and risk neutrality for processors, we obtain an estimate of .08 for growers' measure of constant absolute risk aversion (where returns are measured in units of $100/ton), and find that growers' effort cost is 1.8% of total operating cost. Welfare losses from information constraints are...
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/20560
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PANEL DATA AND EULER EQUATIONS AgEcon
Ligon, Ethan.
Tipo: Working or Discussion Paper Palavras-chave: Demand and Price Analysis.
Ano: 1997 URL: http://purl.umn.edu/25011
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