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Competitiveness and efficiency of feed corn agribusiness in Brazil. Infoteca-e
FREITAS, J. B. de; REVELLION, J. P. P.; BELARMINO, L. C.; LUCENA, L. P. de.
bitstream/item/141654/1/Belarmino-MAP-Milho-na-Custos-e-Agronegocio.pdf
Tipo: Livro técnico (INFOTECA-E) Palavras-chave: Policy Analysis Matrix; Market imperfections; New Institutional Economics.
Ano: 2015 URL: http://www.infoteca.cnptia.embrapa.br/infoteca/handle/doc/1041804
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MARKET IMPERFECTIONS AND CLASS STRUCTURE: THE CASE OF SOUTH AFRICA AgEcon
Lovo, Stefania.
Land and market imperfections shape the organization of agricultural production and lead to different production regimes within rural farm households in South Africa. This paper presents a theoretical model to explain the presence of three main households groups (classes) determined on the basis of the labor regime adopted: small peasants (working both on and off farm), self cultivators (autarkic in labor) and hiring in households. Membership in the three categories is determined by the endogenous shadow wage and the effective market wages. A generalized ordered logit model is used to test the main predictions of the model. Market imperfections, which prevent household from accessing markets, are expected to have different impacts on heterogenous...
Tipo: Conference Paper or Presentation Palavras-chave: Farm households; Market imperfections; Liquidity constraint; Farm Management; Industrial Organization; International Development.
Ano: 2008 URL: http://purl.umn.edu/6675
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MARKET IMPERFECTIONS AND LAND PRODUCTIVITY IN THE ETHIOPIAN HIGHLANDS AgEcon
Holden, Stein T.; Shiferaw, Bekele A.; Pender, John L..
This study analyzes how market imperfections affect land productivity in a degraded low-potential cereal- livestock economy in the Ethiopian highlands. A wide array of variables is used to control for land quality in the analysis. Results of three different selection models were compared with least squares models using the HC3 heteroskedasticity-consistent covariance matrix estimator. Market imperfections in labor and land markets were found to affect land productivity. Land productivity was positively correlated with household male and female labor force per unit of land. Female-headed households achieved much lower land productivity than male- headed households. Old age of household heads was also correlated with lower land productivity. Imperfections in...
Tipo: Working or Discussion Paper Palavras-chave: Market imperfections; Land productivity; Ethiopian highlands; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/16066
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Perpetuation of subsistence farming in Western Balkans: the role of factor market imperfections AgEcon
Latruffe, Laure; Davidova, Sophia; Desjeux, Yann.
The paper analyses the imperfections in output and factor markets in Kosovo that act as a barrier to farm commercialisation. On the one hand, agricultural households may not have access to output market due to an underdeveloped downstream sector. On the other, local producers might not be preferred to importers as their production level is small with a variable quality due to constraints in factor markets. Data from the Agricultural Household Survey 2005 are used. A conceptual framework is developed on the basis of a household model where non-separability results from a “wedge” between purchase and sale prices due to transaction costs. The share of the output sold in the total value of output is regressed over a set of explanatory variables. A truncated...
Tipo: Conference Paper or Presentation Palavras-chave: Subsistence farming; Agricultural households; Separability; Market imperfections; Kosovo; Q12.
Ano: 2008 URL: http://purl.umn.edu/36860
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Leveraging institutions for collective action to improve markets for smallholder producers in less-favored areas AgEcon
Shiferaw, Bekele A.; Obare, Gideon A.; Geoffrey, Muricho; Silim, Said.
Using survey data from the community, producer marketing groups (PMGs) and farm households in Kenya, this paper investigates the potential of rural institutions (farmer organizations, their rules and enforcement mechanisms) for remedying pervasive market imperfections and facilitate access to new technology in rural areas. Qualitative and quantitative analyses show that while the functioning of markets is constrained by high transaction costs and coordination failures, PMGs present new opportunities for small producers through vertical and horizontal coordination of production and grain marketing. They pay 20 to 25% higher prices than other buyers and facilitate the adoption of improved varieties that help increase marketable surplus. Their accumulated...
Tipo: Journal Article Palavras-chave: Market imperfections; Transaction costs; Institutions; Collective action; Producer marketing groups; Kenya; Institutional and Behavioral Economics; Marketing.
Ano: 2009 URL: http://purl.umn.edu/56941
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When Government Spending Serves the Elites: Consequences for Economic Growth in a Context of Market Imperfections AgEcon
Lopez, Ramon E.; Islam, Asif M..
Government spending should be regarded as a social and political phenomenon, not merely as a technical choice. We argue that there is an implicit contract between the organized elites and politicians which often leads to a pro-elite allocation of public resources. A natural and simple taxonomy of government spending follows from this view: spending in public goods broadly defined which mitigate market failures versus spending in non-social subsidies, mainly a vehicle to serve the elites. We theoretically and empirically show that pro-elite spending biases are costly in terms of economic growth. The empirical findings are exceptionally robust.
Tipo: Working or Discussion Paper Palavras-chave: Government spending; Economic growth; Market imperfections; Investment; Subsidies; International Development; Labor and Human Capital; Political Economy; Public Economics.
Ano: 2008 URL: http://purl.umn.edu/45875
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Rural institutions and producer organizations in imperfect markets: experiences from producer marketing groups in semi-arid eastern Kenya AgEcon
Shiferaw, Bekele A.; Obare, Gideon A.; Muricho, Geoffrey.
Many countries in sub-Saharan Africa have liberalized markets to improve efficiency and enhance market linkages for smallholder farmers. The expected positive response by the private sector in areas with limited market infrastructure has however been disappointing. The functioning of markets is constrained by high transaction costs and coordination problems along the production-to-consumption value chain. New kinds of institutional arrangements are needed to reduce these costs and fill the vacuum left when governments withdrew from markets in the era of structural adjustments. One of these institutional innovations has been the strengthening of producer organizations and formation of collective marketing groups as instruments to remedy pervasive market...
Tipo: Working or Discussion Paper Palavras-chave: Market imperfections; Transaction costs; Farmer organizations; Institutions; Collective action; Semi-arid tropics; Kenya; Marketing.
Ano: 2006 URL: http://purl.umn.edu/50066
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Market Imperfections and Agricultural Policy Effects on Structural Change and Competitiveness in an Enlarged EU AgEcon
Ciaian, Pavel; Swinnen, Johan F.M..
This paper examines the relationship between structural changes and EU agricultural policies and their implications in the context of the enlarged EU. The paper examines the impact of EU policies on the restructuring and competitiveness of farms in the new member states taking into account imperfections in rural markets. Using a model of rural factor market imperfections in the new EU member states, including both high transaction costs and imperfect competition, we analyse the effects of EU policies on the distribution of policy rents, on the restructuring of farms, and on aggregate productivity. In addition, we draw upon the findings of a series of other studies to identify the effects and constraints of rural development and structural policies in these...
Tipo: Conference Paper or Presentation Palavras-chave: CAP; Competitiveness; Market imperfections; EU25; Agricultural and Food Policy.
Ano: 2005 URL: http://purl.umn.edu/24463
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