Monopsony and Time-Consistency: Sustainable Pricing Policies for Perennial Crops
AbstractSince farmers in developing countries must make sunk investments to produce perennial crops, governments, in the guise of state-run marketing boards, face constraints on maximal sustainable price which can be charged by a marketing board assuming that "punishments" involve reversion to subsistence by untrusting farmers. This maximal price balances concerns about revenue extraction against the incentive of governments to cheat by capitalizing on sunk investments. Copyright 1997 by Blackwell Publishing Ltd
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 1 (1997)
Issue (Month): 1 (February)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
Other versions of this item:
- Besley, T., 1992. "Monopsony and Time-Consistency : Sustainable Pricing Policies for Perennial Grops," Papers 159, Princeton, Woodrow Wilson School - Development Studies.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Azam, Jean-Paul & Bates, Robert H & Biais, Bruno, 2005.
"Political Predation and Economic Development,"
CEPR Discussion Papers
5062, C.E.P.R. Discussion Papers.
- Azam, Jean-Paul & Bates, Robert & Biais, Bruno, 2009. "Political Predation and Economic Development," TSE Working Papers 09-025, Toulouse School of Economics (TSE).
- Azam, Jean-Paul & Bates, Robert H. & Biais, Bruno, 2009. "Political Predation and Economic Development," Open Access publications from University of Toulouse 1 Capitole http://neeo.univ-tlse1.fr, University of Toulouse 1 Capitole.
- Azam, Jean-Paul & Bates, Robert & Biais, Bruno, 2009. "Political Predation and Economic Development," IDEI Working Papers 342, Institut d'Économie Industrielle (IDEI), Toulouse.
- Willian A Masters and Margaret S McMillan, 2000. "AfricaÃƒÂ¢Ã¢Â‚Â¬Ã¢Â„Â¢s growth trap: a political-economy model of taxation, R&D and investment," Economics Series Working Papers WPS/2000-14, University of Oxford, Department of Economics.
- Kolavalli, Shashidhara & Vigneri, Marcella & Maamah, Haruna & Poku, John, 2012. "The partially liberalized cocoa sector in Ghana: Producer price determination, quality control, and service provision," IFPRI discussion papers 1213, International Food Policy Research Institute (IFPRI).
- Schiff, Maurice, 1994. "Commodity exports and the adding up problem in developing countries : trade, investment, and lending policy," Policy Research Working Paper Series 1338, The World Bank.
- Margaret S. McMillan, 1999. "Foreign Direct Investment: Leader or Follower?," Discussion Papers Series, Department of Economics, Tufts University 9901, Department of Economics, Tufts University.
- Krishna, K., 1993.
"The Adding Up Problem: A Tergeting Approach,"
10-93-33, Pennsylvania State - Department of Economics.
- Kala Krishna, 1998. "The adding up problem: a targeting approach," Journal of International Trade & Economic Development, Taylor and Francis Journals, vol. 7(2), pages 151-173.
- John McLaren, 2003. "Institutional Elements of Tax Design and Reform," World Bank Publications, The World Bank, number 15170, October.
- Margaret S. McMillan & William A. Masters, 2000.
"Africa's Growth Trap: A Political-Economy Model of Taxation, R&D and Investment,"
CID Working Papers
50, Center for International Development at Harvard University.
- Margaret S. McMillan & William A. Masters, 2000. "Africa's growth trap: a political-economy model of taxation, R&D and investment," CSAE Working Paper Series 2000-14, Centre for the Study of African Economies, University of Oxford.
- Margaret McMillan, 1998. "A Dynamic Theory of Primary Export Taxation: Evidence From Sub-Saharan Africa," Discussion Papers Series, Department of Economics, Tufts University 9812, Department of Economics, Tufts University.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.