A lack of agricultural marketing facilities is generally seen as one of the major obstacles to agricultural development. However, subsistence producers in southern Africa are influenced by certain exogeneous factors, such as competition from commercial production, the well-developed marketing...

To foster agrirultural development. a nmnber of strategies are available. A well-known, long-run strategy is productivity-increasing research. Another familiar, shon-run strategy is input and output price policy. This paper argues that effectiveness of price and research policies can only be...

A dynamic model of capital structure for the noncoiporate farm is developed and analyzed. In this model. the probability of bankruptcy increases as the farmer's debt/asset ratio increases. Funds invested outside agriculture earn a risldess rate of return. The farmer/proprietor is also able to...

Agricultural trade liberalization for developed countries may mean eliminatioo of existing domestic support programmes. The difficulty of achieving freer trade is directly related to the distribution of the pain of adjustment in domestic agricultural ecooomies. A cost functioo is estimated for...

The grain sector plays a crucial role in China's agriculture. The government has intervened heavily in grain marketing, markets, and price formation. The objectives of market and price intervention are to secure farmer incomesa nd ensure consumer food supply at low prices. The economic reform...

Impacts of agricultural and nonagricultural trade liberalization on agriculture are assessed in a multicommodity. multicountiy framework. By modelling simultaneously all goods sectors of the economy, the importance of (l) relative price changes between sectors and (2) income and exchange rate...

The risks associated with new maize technology and the impact of mandatory cotton production on traditional farmers in Zaire's Kasai Oriental Region were evaluated with stochastic dominance analysis. Net returns for four levels of maize technology were evaluated in canbination with three staple...

This paper presents the main results of a study that proposes a methodology for studying whether or not a heterogeneous agricultural sector, such as that of Mexico, faces unfavourable terms of trade. These results are used to interpret the origins of the basic food production problems...

This paper analyzes the farm, wholesale, and retail price series of nine agricultural prcxiucts (rice, beans, maize, soyabeans, potatoes, onions, bananas, tomatoes, and oranges). Causality analysis is carried out to determine the possible existence of a market level that systematically tends to...