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Household Inventories And Marketed Surplus In Semi-Subsistence Agriculture

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  • Renkow, Mitch

Abstract

A model of semi-subsistence agriculture recognizing the ability of farm households to hold inve,n' tories of home-grown staple foods is developed. The model's solution suggests a method for empirically distinguishing between food security and arbitrage motives for holding inventories. A formula for computing marketed surplus response is derived.

Suggested Citation

  • Renkow, Mitch, 1988. "Household Inventories And Marketed Surplus In Semi-Subsistence Agriculture," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270197, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea88:270197
    DOI: 10.22004/ag.econ.270197
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    Cited by:

    1. Buschena, David E. & Smith, Vincent H. & Di, Hua, 2005. "Policy reform and farmers' wheat allocation in rural China: a case study," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(2), pages 1-16.
    2. David Buschena & Vincent Smith & Hua Di, 2005. "Policy reform and farmers' wheat allocation in rural China: a case study," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(2), pages 143-158, June.
    3. Michler, Jeffrey D. & Balagtas, Joseph Valdes, 2013. "The Determinants of Rice Storage: Evidence from Rice Farmers in Bangladesh," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150267, Agricultural and Applied Economics Association.
    4. Finkelshtain, Israel & Chalfant, James, 1990. "Marketed Surplus Under Risk: Do Peasants Agree with Sandmo?," CUDARE Working Papers 198573, University of California, Berkeley, Department of Agricultural and Resource Economics.
    5. Kadjo, Didier & Ricker-Gilbert, Jacob & Alexander, Corinne, 2015. "Does quality affect maize prices in sub-Saharan Africa? Evidence from Benin," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205503, Agricultural and Applied Economics Association.
    6. Michler, Jeffrey D., 2020. "Agriculture in the process of development: A micro-perspective," World Development, Elsevier, vol. 129(C).
    7. Edmeades, Svetlana, 2006. "Varieties, Attributes and Marketed Surplus of a Subsistence Crop: Bananas in Uganda," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25654, International Association of Agricultural Economists.
    8. Omotilewa, Oluwatoba J. & Ricker-Gilbert, Jacob & Ainembabazi, Herbert & Shively, Gerald, 2016. "Impacts of Improved Storage Technology among Smallholder Farm Households in Uganda," 2016 Fifth International Conference, September 23-26, 2016, Addis Ababa, Ethiopia 246454, African Association of Agricultural Economists (AAAE).
    9. Pender, John L., 1996. "Discount rates and credit markets: Theory and evidence from rural india," Journal of Development Economics, Elsevier, vol. 50(2), pages 257-296, August.
    10. Didier Kadjo & Jacob Rickerā€Gilbert & Tahirou Abdoulaye & Gerald Shively & Mohamed N. Baco, 2018. "Storage losses, liquidity constraints, and maize storage decisions in Benin," Agricultural Economics, International Association of Agricultural Economists, vol. 49(4), pages 435-454, July.
    11. Khor, L.Y. & Zeller, M., 2018. "Storing a staple crop for own consumption: Linkages to food security," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277244, International Association of Agricultural Economists.
    12. Petrovici, D.A. & Gorton, M., 2005. "An evaluation of the importance of subsistence food production for assessments of poverty and policy targeting: Evidence from Romania," Food Policy, Elsevier, vol. 30(2), pages 205-223, April.
    13. Kadjo, Didier & Ricker-Gilbert, Jacob & Alexander, Corinne, 2016. "Estimating Price Discounts for Low-Quality Maize in sub-Saharan Africa: Evidence from Benin," World Development, Elsevier, vol. 77(C), pages 115-128.
    14. Asfaw, S., 2018. "Market Participation, Weather Shocks and Welfare: Evidence from Malawi," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277029, International Association of Agricultural Economists.
    15. Wondimagegn Tesfaye & Gebrelibanos Gebremariam, 2020. "Consumption smoothing and price enhancement motives for grain storage: empirical perspectives from rural Ethiopia," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 8(1), pages 1-19, December.

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