Imperfect Markets: a Case Study in Senegal
AbstractFarmers in developing countries are confronted with imperfect markets. This has an impact on their production activities. When implementing developing projects these market imperfections should be taken into account. This paper is an attempt to discuss the impact of imperfect markets in the context of an irrigation project in village Pata, Senegal. The first section models the production decision of the agricultural household. The second section presents the irrigation project in Pata. The third section tests for the presence of imperfections in the credit and labour markets of Pata. I conclude by discussing the implications for the project.
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Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Centrum voor Economische Studiën in its series Center for Economic Studies - Discussion papers with number ces0120.
Date of creation: Mar 2001
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-04-12 (Agricultural Economics)
- NEP-ALL-2008-04-12 (All new papers)
- NEP-CWA-2008-04-12 (Central & Western Asia)
- NEP-PPM-2008-04-12 (Project, Program & Portfolio Management)
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- Bashir, Muhammad Khalid & Schilizzi, Steven & Pandit, Ram, 2012. "Food Security and Its Determinants at the Crossroads in Punjab, Pakistan," Working Papers 126033, University of Western Australia, School of Agricultural and Resource Economics.
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