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The Extent of the Market and Stages of Agricultural Specialization / Emran, M. Shahe
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Emran, M. Shahe
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to markets.
- Agriculture.
- Commercialization.
- Crops and Crop Management Systems.
- Debt Markets.
- Expenditure.
- Finance and Financial Sector Development.
- International trade.
- Macroeconomics and Economic Growth.
- Marketing.
- Markets and Market Access.
- Political Economy.
- Price risk.
- Relevant market.
- Sales.
- Spread.
- Thin market.
- Transport.
- Transport Economics, Policy and Planning.
- Local Subjects:
- Access to markets.
- Agriculture.
- Commercialization.
- Crops and Crop Management Systems.
- Debt Markets.
- Expenditure.
- Finance and Financial Sector Development.
- International trade.
- Macroeconomics and Economic Growth.
- Marketing.
- Markets and Market Access.
- Political Economy.
- Price risk.
- Relevant market.
- Sales.
- Spread.
- Thin market.
- Transport.
- Transport Economics, Policy and Planning.
- Physical Description:
- 1 online resource (40 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2008
- System Details:
- data file
- Summary:
- This paper provides empirical evidence of nonlinearity in the relationship between crop specialization in a village economy and the extent of the market (size of the urban market) relevant for the village. The results suggest that the portfolio of crops in a village economy becomes more diversified initially as the extent of the market increases. However, after the market size reaches a threshold, the production structure becomes specialized again. This evidence on the stages of agricultural diversification is consistent with the stages of diversification identified in the recent literature for the economy as a whole and also for the manufacturing sector. The evidence highlights the importance of improving farmers' access to markets through investment in transport infrastructure and removal of barriers to trading.
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