Monopsony and Time-Consistency : Sustainable Pricing Policies for Perennial Grops
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 InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Princeton, Woodrow Wilson School - Development Studies in its series Papers with number 159.
Length: 22 pages
Date of creation: 1992
Date of revision:
Contact details of provider:
Postal: PRINCETON UNIVERSITY, WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS, PRINCETON NEW- JERSEY 08542 U.S.A.
Phone: (609) 258-4800
Web page: http://www.wws.princeton.edu/
More information through EDIRC
farmers ; developing countries ; prices;
Other versions of this item:
- Besley, Timothy, 1997. "Monopsony and Time-Consistency: Sustainable Pricing Policies for Perennial Crops," Review of Development Economics, Wiley Blackwell, vol. 1(1), pages 57-70, February.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- 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.
- Azam, Jean-Paul & Bates, Robert & Biais, Bruno, 2009.
"Political Predation and Economic Development,"
IDEI Working Papers
342, Institut d'Économie Industrielle (IDEI), Toulouse.
- 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, 2005. "Political Predation and Economic Development," CEPR Discussion Papers 5062, C.E.P.R. Discussion Papers.
- 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.
- Kala Krishna, 1995.
"The Adding Up Problem: A Targeting Approach,"
NBER Working Papers
4999, National Bureau of Economic Research, Inc.
- 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.
- 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 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.
- 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.
- Margaret S. McMillan, 1999. "Foreign Direct Investment: Leader or Follower?," Discussion Papers Series, Department of Economics, Tufts University 9901, Department of Economics, Tufts University.
- John McLaren, 2003. "Institutional Elements of Tax Design and Reform," World Bank Publications, The World Bank, number 15170.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.