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In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a "fair-trade" premium for products marketed by such non-profits. This...
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Farmer productivity by age was estimated, allowing for differences because of efficiency and returns to scale. Using Census of Agriculture data, estimates vary by state, but returns to scale average 1.07. Efficiency increases average 4.5 percent every ten years of age, to the age interval 35 to...
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The productivity of farmers at six different age cohorts was computed by estimating production functions using 1987 census data. The results suggest that farmers of different ages operate with slightly different technologies and use various inputs at different efficiencies. Compared with...
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