Advertisement

Progress in the Modeling of Rural Households’ Behavior under Market Failures

  • Alain de Janvry
  • Elisabeth Sadoulet
Part of the Economic Studies in Inequality, Social Exclusion and Well-Being book series (EIAP, volume 1)

Keywords

Transaction Cost Market Failure Rural Household Shadow Price Farm Household 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Alderman, Harold and Cristina Paxson. 1994. “Do the Poor Insure? A Synthesis of the Literature on Risk and Consumption in Developing Countries.” In International Economics Association, Moscow meeting, Proceedings Vol. 4.Google Scholar
  2. Azam, Jean-Paul, and Besley, Timothy. 1991. “Peasant Supply Response under Rationing: The Role of the Food Market.” European Journal of Political Economy, 7: 331–343.CrossRefGoogle Scholar
  3. Barrett, Christopher. 1996. “On Price Risk and the Inverse farm-Size-Productivity Relationship.” Journal of Development Economics, 51(2): 193–215.CrossRefMathSciNetGoogle Scholar
  4. Behrman Jere, Andrew Foster, and Mark Rosenzweig. 1997. “The Dynamics of Agricultural Production and the Calorie-Income Relationship-Evidence From Pakistan.” Journal of Econometrics. 77(1): 187–207.CrossRefGoogle Scholar
  5. Benjamin, Dwayne. 1992. “Household Composition, Labor Markets, and Labor Demand: Testing for Separation in Agricultural Household Models.” Econometrica, 60(2): 287–322.zbMATHGoogle Scholar
  6. Benjamin, Dwayne. 1995. “Can Unobserved Land Quality Explain the Inverse Productivity Relationship?” Journal of Development Economics, 46(1): 51–84.CrossRefMathSciNetGoogle Scholar
  7. Berry, Albert, and William Cline. 1979. Agrarian Structure and Productivity in Developing Countries. Baltimore: The Johns Hopkins University Press.Google Scholar
  8. Berthélémy, Jean-Claude, and Christian Morrisson. 1989. Agricultural Development in Africa and the Supply of Manufactured Goods. Washington D.C.: OECD Publications and Information Center.Google Scholar
  9. Bhattacharyya, Anjana, and Subal Kumbhakar. 1997. “Market Imperfections and Output Loss in the Presence of Expenditure Constraint: A Generalized Shadow Price Approach.” American Journal of Agricultural Economics, 79(3): 860–71.Google Scholar
  10. Bowlus, Audra, and Terry Sicular. 2003. “Moving Toward Markets? Labor Allocation in Rural China,” Journal of Development Economics, 71(2): 561–583.CrossRefGoogle Scholar
  11. Carter, Michael, and Pedro Olinto. 2003. “Getting institutions “right” for whom credit constraints and the impact of property rights on the quantity and composition of investment.” American Journal of Agricultural Economics, 85(1): 173–186.CrossRefGoogle Scholar
  12. Carter, Michael. 1984. “Identification of the Inverse Relationship Between Farm Size and Productivity: An Empirical Analysis of Peasant Agricultural Production.” Oxford Economic Papers 36: 131–146.Google Scholar
  13. Chayanov, A.V. 1925. The Theory of Peasant Economy. Translated by D. Thorner et al. (1966). D. Irwin: Homewood, IL.Google Scholar
  14. de Janvry, Alain, Marcel Fafchamps, and Elisabeth Sadoulet. 1991. “Peasant Household Behavior with Missing Markets: Some Paradoxes Explained.” Economic Journal, 101(409): 1400–17.Google Scholar
  15. de Janvry, Alain, Marcel Fafchamps, Mohammed Raki, and Elisabeth Sadoulet. 1992. “Structural Adjustment and the Peasantry in Morocco: A Computable General Equilibrium Model.” European Review of Agricultural Economics, 19: 427–453.Google Scholar
  16. Deaton, Angus. 1992. Understanding Consumption. Oxford: Clarendon Press.Google Scholar
  17. Deolalikar, A. B. 1988. “Nutrition and Labor Productivity in Agriculture: Estimates for Rural South India.” Review of Economics and Statistics, 70(3): 406–413.CrossRefGoogle Scholar
  18. Dercon, Stefan. 1998. Wealth, Risk and Activity Choice: Cattle in Western Tanzania.” Journal of Development Economics, 55(1): 1–42CrossRefGoogle Scholar
  19. Duflo, Esther. 2003. “Poor but Rational?” Department of Economics, MIT.Google Scholar
  20. Dutilly-Diane, Céline, Elisabeth Sadoulet, and Alain de Janvry. 2003. “Household Behavior under Market Failures: How Improved Natural Resource Management in Agriculture Promotes the Livestock Economy in the Sahel”. Journal of African Economies, 12: 343–370CrossRefGoogle Scholar
  21. Ellis, Frank. 1993. Peasant Economics: Farm Households and Agrarian Development. Cambridge University Press.Google Scholar
  22. Eswaran, M., and A. Kotwal. 1986. “Access to Capital and Agrarian Production Organization.” Economic Journal, 96: 482–498.Google Scholar
  23. Eswaran, M., and A. Kotwal. 1989. “Credit as Insurance in Agrarian Economies.” Journal of Development Economics 31: 37–53.CrossRefGoogle Scholar
  24. Fafchamps Marcel. 1992. “Cash Crop Production, Food Price Volatility and Rural Market Integration in the Third-World.” American Journal of Agricultural Economics, 74(1): 90–99.Google Scholar
  25. Fafcharnps, Marcel. 1993. “Sequential Labor Decisions under Uncertainty-An Estimable Household Model of West-African Farmers.” Econometrica, 61(5): 1173–1197.Google Scholar
  26. Fafchamps, Marcel, and John Pender. 1997. “Precautionary Saving, Credit Constraints, and Irreversible Investment: Theory and Evidence from Semi-arid India.” Journal of Business and Economic Statistics, 15(2): 180–194.CrossRefGoogle Scholar
  27. Feder, Gershon, L.J. Lau, J.Y. Lin, and X. Luo. 1990. “The Relationship between Credit and Productivity in Chinese Agriculture: A Microeconomic Model of Disequilibrium.” American Journal of Agricultural Economics, 72(4): 1151–1157.Google Scholar
  28. Feder, Gershon. 1985. “The Relationship between Farm Size and Farm Productivity: The Role of Family Labor, Supervision, and Credit Constraint.” Journal of Development Economics, 18: 297–313.CrossRefGoogle Scholar
  29. Finkelshtain, Israel, and Chalfant James. 1991. “Marketed Surplus Under Risk: Do Peasants Agree with Sandmo?” American Journal of Agricultural Economics, 73(3): 557–567.Google Scholar
  30. Frisvold, George. 1994. “Does supervision matter? Some hypothesis tests using Indian farm-level data.” Journal of Development Economics, 43(2): 217–238CrossRefGoogle Scholar
  31. Goetz, Stephan. 1992. “A Selectivity Model of Household Food Marketing Behavior in Sub-Sahara Africa.” American Journal of Agricultural Economics, 74(2): 444–452.Google Scholar
  32. Goldstein, Markus, and Christopher Udry. 1999. “Agricultural Innovation and Resource Management in Ghana”. Development Studies Institute, London School of Economics.Google Scholar
  33. Goldstein, Markus. 2000. Intra-household Allocation and Farming in Southern Ghana. Ph.D. dissertation, University of California at Berkeley.Google Scholar
  34. Grimard, Franque. 2000. “Rural Labor Markets, Household Composition, and Rainfall in Côte d’Ivoire.” Review of Development Economics, 4(1): 70–86.CrossRefGoogle Scholar
  35. Hayami, Yujiro, and Keiji Otsuka. 1993. The Economics of Contract Choice: An Agrarian Perspective. Oxford: Clarendon Press.Google Scholar
  36. Holden, Stein, Bekele Shiferaw, and Mette Wik. 1998. “Poverty, market imperfections and time preferences: of relevance for environmental policy?” Environment and Development Economics, 3(1): 105–130CrossRefGoogle Scholar
  37. Jacoby, Hanan. 1993. “Shadow Wages and Peasant Family Labour Supply: An Econometric Application to the Peruvian Sierra.” Review of Economic Studies, 60: 903–921.zbMATHGoogle Scholar
  38. Key, Nigel, Elisabeth Sadoulet, and Alain de Janvry. 2000. “Transactions Costs and Agricultural Household Supply Response”. American Journal of Agricultural Economics, 82(2): 245–259.CrossRefGoogle Scholar
  39. Key, Nigel. 2000. “Savings, Credit, and the Self-Finance of Crop Production in Mexico.” Savings and Development.Google Scholar
  40. Kurosaki, Takashi, and Marcel Fafchamps. 2002. “Insurance Market Efficiency and Crop Choices in Pakistan.” Journal of Development Economics, 67(2): 419–453.CrossRefGoogle Scholar
  41. Lamb R.L. 2003. “Inverse Productivity. Land Quality, Labor Markets, and Measurement Errors.” Journal of Development Economics, 71(1): 71–96.CrossRefGoogle Scholar
  42. Lambert, Sylvie, and Thierry Magnac. 1994. “Measurement of Implicit Prices of Family Labour in Agriculture: An Application to Côte d’Ivoire.” In Caillavet, Gyomard, and Lifran (eds.) Agricultural Household Modelling and Family Economics, Amsterdam: Elsevier.Google Scholar
  43. Löfgren, Hans, and Sherman Robinson. 1999. “To Trade or Not to Trade: Non-Separable Household Models in Partial and General Equilibrium”. Washington D.C.: International Food Policy Research Institute.Google Scholar
  44. Lopez, Ramón. 1984. “Estimating Labour Supply and Production Decisions of Self-Employed Farm Producers.” European Economic Review, 24: 61–82.CrossRefGoogle Scholar
  45. Morduch, Jonathan. 1990. “Risk, Production, and Saving: Theory and Evidence from Indian Households.” Mimeo, Harvard University.Google Scholar
  46. Nakajima, C. 1970. “Subsistence and Commercial Family Farms: Some Theoretical Models of Subjective Equilibrium.” In Wharton, ed. Subsistence Agriculture and Economic Development. Chicago: Aldine.Google Scholar
  47. Pitt, M.M., and Mark Rosenzweig. 1986. “Agricultural prices, food consumption, and the health and productivity of Indonesian farmers.” In I. Singh, L. Squire, and J. Strauss, eds., Agricultural Household Models, Baltimore: Johns Hopkins University Press.Google Scholar
  48. Polanyi, Karl, Conrad Arensberg, and Harry Pearson. 1958. Trade and Markets in the Early Empires. New York: The Free Press.Google Scholar
  49. Renkow, Mitch. 1990. “Household Inventories and Marketed Surplus in Semisubsistence Agriculture.” American Journal of Agricultural Economics, 72(3): 664–675.Google Scholar
  50. Renkow, Mitch, Daniel Hallstrom and Daniel Karanja. 2004 “Rural Infrastructure, Transactions Costs and Market Participation in Kenya,” Journal of Development Economics, 73(1): 349–367.CrossRefGoogle Scholar
  51. Rosenzweig, Mark, and Hans Binswanger. 1993. “Wealth, Weather Risk and the Composition and Profitability of Agricultural Investments.” Economic Journal, 103(416): 56–78.Google Scholar
  52. Rosenzweig, Mark, and Wolpin Kenneth. 1993. “Credit Market Constraints, Consumption Smoothing and the Accumulation of Durable Production Assets in Low Income Countries: Investment in India.” Journal of Political Economy, 101(2): 223–244.CrossRefGoogle Scholar
  53. Sadoulet, Elisabeth, Alain de Janvry, and Catherine Benjamin. 1998. “Household Behavior with Imperfect Labor Market”. Industrial Relations, 37(1): 85–108.CrossRefGoogle Scholar
  54. Saha, A., and J. Stroud. 1994. “A Household Model of On-Farm Storage Under Price Risk.” American Journal of Agricultural Economics, 76(3): 522–534.Google Scholar
  55. Shively, Gerald. 2001. “Poverty, consumption risk, and soil conservation.” Journal of Development Economics, 65(2): 267–290CrossRefGoogle Scholar
  56. Singh, I., Lynn Squire, and John Strauss, (eds.). 1986. Agricultural Household Models. Baltimore. MD: The Johns Hopkins University Press.Google Scholar
  57. Skoufias, Emmanuel. 1994. “Using Shadow Wages to Estimate Labor Supply of Agricultural Households.” American Journal of Agricultural Economics, 76(2): 215–227.Google Scholar
  58. Skoufias, Emmanuel. 1995. “Household Resources, Transactions Costs, and Adjustment through Land Tenancy.” Land Economics, 71 (February): 42–65.Google Scholar
  59. Strauss, John. 1986. “Does better nutrition raise farm productivity?” Journal of Political Economy, 94(2): 297–320.CrossRefGoogle Scholar
  60. Taylor, J. Edward, and Irma Adelman. 2003. “Agricultural Household Models: Genesis, Evolution and Extensions” Review of Economics of the Household, 1(1).Google Scholar
  61. Thorbecke, Erik. 1993. “Impact of State and Civil Institutions on the Operation of Rural Markets and Nonmarket Configurations.” World Development, 21(4): 591–605.CrossRefGoogle Scholar
  62. Vakis, Renos, Elisabeth Sadoulet, Alain de Janvry, and C. Cafiero. 2002. “Searching for failures in the Peruvian labor market via mixture models”. http://are.berkeley.edu/~rvakis/mixtures.pdf Google Scholar
  63. Vakis, Renos, Elisabeth Sadoulet, and Alain de Janvry. 2003. “Transactions Costs and the Role of Information: Evidence from Peru.” http://are.berkeley.edu/~rvakis/tc.pdf Google Scholar
  64. Vakis, Renos. 2002. “Overcoming Credit Market Failures: A Paradigm of Diversification for Technology Adoption in Peru”. http://are.berkeley.edu/~rvakis/adoption.pdf.Google Scholar
  65. von Braun, J., D. Hotchkiss, and M. Immink. 1989. Nontraditional Export Crops in Guatemala: Effects on Production, Income, and Nutrition. Washington D.C.: IFPRI Research Report No. 73.Google Scholar
  66. Yotopoulos, Pan, and Lawrence J. Lau. 1974. “On Modeling the Agricultural Sector in Developing Economies: An Integrated Approach of Micro and Macroeconomics, Journal of Development Economics, 1(2): 105–127.CrossRefGoogle Scholar

Copyright information

© Springer Science+Business Media, Inc. 2006

Authors and Affiliations

  • Alain de Janvry
    • 1
  • Elisabeth Sadoulet
    • 1
  1. 1.University of CaliforniaBerkeley

Personalised recommendations