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Conversion from Staple to Cash Crop Production in Mexico After NAFTA: Effects of PROCAMPO and Credit Constraints AgEcon
Henderson, Joanne; Baylis, Katherine R.; Barton, Jason.
In this paper, we ask whether PROCAMPO helped Mexican agricultural producers benefit from NAFTA. Specifically, we explore the effect of these decoupled income payments (PROCAMPO) on producers’ ability to switch to cash crop production, and whether these payments help alleviate credit constraints for poorer producers. Given that WTO negotiations are currently stalled in part because of the trade concerns of developing nations, exploring the constraints that small producers face and whether decoupled subsidies can assist those producers in benefiting from new markets is important. Unlike previous studies, who concentrated on specific regions and ejidal lands, we use nationwide county-level data, which allows for us to see the regional distribution of change...
Tipo: Conference Paper or Presentation Palavras-chave: NAFTA; PROCAMPO; Credit Constraint; Mexico; Staple production; Crop choice; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/61525
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On Production Function Estimation with Selectivity and Risk Considerations AgEcon
Koundouri, Phoebe; Nauges, Celine.
In the estimation of production functions, ignoring risk considerations can cause inefficient estimates, while biased parameter estimates arise in the presence of sample selection. In the presence of uncertainty and selection bias, the latter introduced by the endogeneity of qualitative characteristics of inputs in crop choice, we show that correcting for risk considerations (a la Just and Pope, 1978, 1979) but not selection bias, can produce incorrect inferences in terms of risk behavior. The arguments raised in this study have estimation and policy implications for stochastic production analysis applied to all goods whose qualitative characteristics can affect sample selection.
Tipo: Journal Article Palavras-chave: Crop choice; Production risk; Sample selection; Production Economics.
Ano: 2005 URL: http://purl.umn.edu/30977
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