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Input use and output price risks: the case of maize in Burkina Faso

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  • Le Cotty, Tristan
  • Maître d'Hôtel, Elodie
  • Ndiaye, Moctar
  • Thoyer, Sophie

Abstract

We investigate whether the fluctuations of agricultural output prices may explain the low level of input use in Sub-Saharan Africa. We combine data on local maize prices and data on farmers' fertilizer use over the 2009-2011 period in Burkina-Faso to estimate a panel-tobit model of fertilizer use. We separate the predictable and unpredictable components of maize price fluctuations and find that fertilizer use decreases when maize price fluctuations increase, and more specifically when unpredictable price fluctuations increase.

Suggested Citation

  • Le Cotty, Tristan & Maître d'Hôtel, Elodie & Ndiaye, Moctar & Thoyer, Sophie, 2021. "Input use and output price risks: the case of maize in Burkina Faso," Working Papers MOISA 311226, Institut National de la recherché Agronomique (INRA), UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro, Montpellier, France.
    • Handle: RePEc:ags:inramo:311226
    DOI: 10.22004/ag.econ.311226
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    More about this item

    Keywords

    Agricultural and Food Policy; Farm Management;

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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