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Contract Farming and Rural Transformation: Evidence from a Field Experiment in Benin / Aminou Arouna, Jeffrey D. Michler, Jourdain C. Lokossou.
- Format:
- Book
- Author/Creator:
- Arouna, Aminou.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25665.
- NBER working paper series no. w25665
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Contract Farming and Rural Transformation
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2019.
- Summary:
- Contract farming has emerged as a popular mechanism to encourage vertical coordination in developing country agriculture. Yet, there is a lack of consensus on its ability to spur structural transformation in rural economies. We present results from a field experiment on contract farming in a developing country. While all contracts have positive effects on welfare and productivity measures, we find that the simplest contract has impacts nearly as large as contracts with additional attributes. This suggests that once price risk is resolved through the offer of a fixed-price contract, farmers are able to address other constraints on their own.
- Notes:
- Print version record
- March 2019.
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