Barriers to Exit from Subsistence Agriculture
AbstractThis paper reviews the evidence on the determinants of subsistence agriculture and the barriers that farmers face to switch to market-oriented agriculture. We review a number of recent empirical approaches to the estimation of variable, fixed, and sunk transaction costs, with the weight of the evidence suggesting that those costs are very substantial. Tentative policy implications are drawn in terms of infrastructure and support as well as the organization of intermediation markets.
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Bibliographic InfoPaper provided by CEPREMAP in its series CEPREMAP Working Papers (Docweb) with number 1014.
Length: 16 pages
Date of creation: 2010
Date of revision:
Subsistence Agriculture; Transaction Costs;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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