We explore whether farm land and non-land assets determine the participation of tomato growers in modern markets in Nicaragua, and how farmers’ duration as supermarket suppliers affects their farm capital accumulation and technology.
Though widely heralded, this effort to create rents in an otherwise competitive market is unlikely to succeed. By analyzing two ways in which the mechanism is undermined by arbitrage: over-certification and quality-invariant pricing.
How do borrowers respond to improvements in a lender’s ability to punish defaulters? This reports the results of a randomized field experiment in rural Malawi that examines the impact of fingerprinting borrowers in a context where a unique identification system is absent.
This study uses a randomized experiment to investigate 1) the role of crop-price risk in reducing demand for credit among farmers and 2) how risk mitigation changes farmers’ investment decisions.
We use unique data on negotiated prices from Nicaraguan farm cooperatives supplying supermarkets to study the impact of supply agreements on producers’ mean output prices and price stability.