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Periodical article | Leiden University catalogue | WorldCat |
Title: | Macroeconomic Shocks, Human Capital and Productive Efficiency: Evidence from West African Rice Farmers |
Authors: | Barrett, Christopher B. Sherlund, Shane M. Adesina, Akinwumi A. |
Year: | 2006 |
Periodical: | Journal of African Economies |
Volume: | 15 |
Issue: | 3 |
Period: | September |
Pages: | 343-372 |
Language: | English |
Geographic term: | Ivory Coast - Côte d'Ivoire |
Subjects: | devaluation small farms efficiency rice Agriculture, Natural Resources and the Environment Development and Technology Economics and Trade Labor and Employment |
External link: | https://jae.oxfordjournals.org/content/15/3/343.full.pdf |
Abstract: | Little empirical work has quantified the transitory effects of macroeconomic shocks on farm-level production behaviour. The authors develop a simple analytical model to explain how macroeconomic shocks might temporarily divert managerial attention, thereby affecting farm-level productivity, but perhaps to different degrees and for different durations across production units. They test hypotheses from that model using 1993-1995 panel data bracketing the massive currency devaluation in Côte d'Ivoire in January 1994. They find a transitory increase in mean plot-level technical inefficiency among Ivorian rice producers and considerable variation in the magnitude and persistence of this effect, attributable largely to ex ante complexity of operations, and the educational attainment and off-farm employment status of the plot manager. Bibliogr., notes, ref., sum. [Journal abstract] |