Download or read book Off farm Income and Investments in Agricultural Inputs written by Saliem Haile and published by . This book was released on 2018 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Various studies have documented the effects of off-farm income on investments in specific agricultural inputs. However, few studies had empirically tested the impacts of specific forms of off-farm income on a combination of agricultural input investments and no study to date exists for Nigeria. Such an analysis can reveal the relative impacts of alternative forms of off-farm income on the investment choices of farmers and, perhaps, the best policy choices to achieve improvements in technologies and inputs that are most limiting in achieving agricultural sector growth. In this study, I use the World Bank's LSMS panel data and a range of econometric models to test the relationship between the three most common types of off-farm income (remittances, off-farm wages and enterprise profit) received by Nigerian households and investments in agricultural input such as seed, fertilizer, land and machinery. Using the Seemingly Unrelated Bivariate Probit regression Model, I empirically find jointness in the decisions to use an agricultural input and work off-farm. Using a multivariate probit regression model, I find off-farm income sources to have significant effects on the use of most agricultural inputs. Furthermore, I find a strong degree of interdependence between alternative agricultural input use decisions. The results suggest that policies that strongly promote off-farm income show promise in improving the use of a portfolio of farm inputs, and should enhance agricultural production amongst Nigeria's farm households.

Download or read book Public Policy and the Changing Structure of American Agriculture written by United States. Congressional Budget Office and published by . This book was released on 1978 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Direct Investment in Agriculture written by Jan Schüpbach and published by vdf Hochschulverlag AG. This book was released on 2015-10-07 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment in agriculture and land has increased substantially since the 2007–2008 food price crisis. However, there is a severe lack of quantitative evidence on its economic impact. Therefore, the primary goal of this study was to collect and analyze empirical evidence, in order to better understand the potential benefits and pitfalls of such investments and related processes of agricultural commercialization. In particular, the study tests the effect of two strategies for including smallholder farmers into modern food supply chains: 1. Outgrower schemes, i.e. a type of contract farming whereby small-scale farmers produce crops for large-scale farming enterprises 2. Wage employment on large-scale estates The central part of the study looks at one specific investment project in the Zambian sugar cane sector. This sectoral focus was supplemented by a broader, cross sectoral analysis of a large, nationally representative panel survey. Overall, the evidence suggests that large-scale investments by foreign as well as domestic companies, and especially the model of cooperation with smallholder farmers in outgrower schemes, can indeed have positive and significant effects on the income and wealth of rural households.

Download or read book Adjustment and Poverty in Mexican Agriculture written by Ramon Lopez and published by World Bank Publications. This book was released on 1995 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: August 1995 - By and large, it appears that the goals of agricultural reform are being met in Mexico. But measures such as decoupling income supports and price supports or reorienting research and extension could help farmers who cannot afford access to machinery and purchased inputs and services. López, Nash, and Stanton report the results of a study of Mexican farm households using 1991 survey data and a smaller resurvey of some of the same households in 1993. One study goal was to empirically examine the relationship between assets and the output supply function. Using a production model focusing on capital as a productive input, they found that both the supply level and the responsiveness (elasticities) to changing input and output prices tend to depend on the farmer's net assets and on how productive assets are used. Regression analysis using data from the surveys shows that farmers who use productive assets such as machinery tend to be positively responsive to price changes, while those with no access to such assets are not. Another study goal was to monitor the condition of Mexican farmers in a rapidly changing policy environment. The 1991 survey data suggest that farmers with more limited use of capital inputs (the low-CI group) were more likely to grow principally corn and to grow fewer crops, on average, than the others. They also had more problems getting credit and were less likely to use purchased inputs, such as seeds, fertilizer, and pesticides, or to use a tractor to prepare the soil. They tended to be less well-educated, and their land tended to be of lower quality. Results from the panel data showed conditions generally improving for the average farmer in the sample area between 1991 and 1993, during a period when agricultural reforms were implemented. Cropping patterns were more diversified, the average size of landholdings increased, the average farmer received more credit (in real terms), more farm households earned income from off-farm work, and more farmers used purchased inputs. Asset ownership and educational attainment also improved modestly. The very small low-CI group in this sample fared as well as, or better than, the other groups. True, their level of educational achievement fell, and fewer of them had off-farm income than in 1991. But their use of credit, irrigation, machinery, and purchased inputs increased more than for other groups. The limited data are not proof of a causal link, but the fact that the goals are being met should at least ensure that adverse conditions are not undermining reform. Farmers that lacked access to productive assets did not respond as well to incentives or take advantage of the opportunities presented by reform and may need assistance, particularly to get access to credit markets. There may be a good argument for decoupling income supports from price supports for farmers, since income payments that are independent of the vagaries of production could provide a more stable signal of creditworthiness than price supports do. Possibly reorienting research and extension services more to the needs of low-CI producers could also improve the efficiency with which the sector adjusts to new incentives. Hypotheses and tentative conclusions from this study will be explored further when more data are collected in 1995. This paper - a product of the International Trade Division, International Economics Department--is part of a larger effort in the department to investigate the effects of international trade policy on individual producers. The study was funded by the Bank's Research Support Budget under the research project Rural Poverty and Agriculture in Mexico: An Analysis of Farm Decisions and Supply Responsiveness (RPO 678-23).

Download or read book Agricultural Input Subsidies written by Ephraim Chirwa and published by Oxford University Press, USA. This book was released on 2013-09-26 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes forward our understanding of agricultural input subsidies in low income countries.

Download or read book Changing Character and Structure of American Agriculture written by United States. General Accounting Office and published by . This book was released on 1978 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Agricultural Economic Report written by and published by . This book was released on 1961 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book New Directions for Smallholder Agriculture written by Peter B. R. Hazell and published by OUP Oxford. This book was released on 2014-03-06 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: The majority of the poor and hungry people in the world live on small farms and struggle to subsist on too little land with low input - low yield technologies. At the same time, many other smallholders are successfully intensifying and succeeding as farm businesses, often in combination with diversification into off-farm sources of income. This book examines the growing divergence between subsistence and business oriented small farms, and discusses how this divergence has been impacted by population growth, trends in farm size distribution, urbanization, off-farm income diversification, and the globalization of agricultural value chains. It finds that policy makers need to differentiate more sharply between different types of small farms than they did in the past, both in terms of their potential contributions towards achieving national economic growth, poverty alleviation, and food security goals, and the types of assistance they need. The book distinguishes between smallholders that are business oriented, subsistence oriented, and at various stages of transition to the non-farm economy, and discusses strategies appropriate for assisting each type. The book draws on a wealth of recent experience at IFAD and elsewhere to help identify best practice approaches.

Download or read book Farming Systems and Poverty written by John A. Dixon and published by Food & Agriculture Org.. This book was released on 2001 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: A joint FAO and World Bank study which shows how the farming systems approach can be used to identify priorities for the reduction of hunger and poverty in the main farming systems of the six major developing regions of the world.

Download or read book Agricultural Growth and Rural Poverty Reduction in India written by Seema Bathla and published by Springer Nature. This book was released on 2020-03-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a blueprint for the allocation of public expenditures “in” and “for” agriculture at the dis-aggregated state level and suggests a reorientation in favour of disadvantaged regions where the marginal returns on additional investments would be higher. It provides insights into the inter-linkages between public expenditures, private investment, rural poverty, and agriculture productivity from a regional perspective to reflect upon spatial differences in the welfare effects of various investments, subsidies, and policies. The book focuses on agricultural growth and rural poverty reduction through public and private investments, non-farm employment, and other pathways to the formulation of appropriate policies at the dis-aggregated state level. It presents new evidence based on advanced econometric tools for analysing and understanding the relationship between public and private investments in agriculture and input subsidies (fertilizer, power, irrigation, and credit) together with their impacts at the dis-aggregated state level. The book also deliberates on an income based direct support system for farmers as an alternative to the existing input price subsidy regime. Accordingly, the book offers valuable insights not only for researchers working on poverty alleviation, rural economy, and agricultural growth, but also for policymakers.

Download or read book Off farm Income and Risk Reduction in Agriculture written by Hans Andersson and published by . This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Adjustment and Poverty in Mexican Agriculture written by Ramon Lopez and published by . This book was released on 1999 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: August 1995 - By and large, it appears that the goals of agricultural reform are being met in Mexico. But measures such as decoupling income supports and price supports or reorienting research and extension could help farmers who cannot afford access to machinery and purchased inputs and services. López, Nash, and Stanton report the results of a study of Mexican farm households using 1991 survey data and a smaller resurvey of some of the same households in 1993. One study goal was to empirically examine the relationship between assets and the output supply function. Using a production model focusing on capital as a productive input, they found that both the supply level and the responsiveness (elasticities) to changing input and output prices tend to depend on the farmer's net assets and on how productive assets are used. Regression analysis using data from the surveys shows that farmers who use productive assets such as machinery tend to be positively responsive to price changes, while those with no access to such assets are not. Another study goal was to monitor the condition of Mexican farmers in a rapidly changing policy environment. The 1991 survey data suggest that farmers with more limited use of capital inputs (the low-CI group) were more likely to grow principally corn and to grow fewer crops, on average, than the others. They also had more problems getting credit and were less likely to use purchased inputs, such as seeds, fertilizer, and pesticides, or to use a tractor to prepare the soil. They tended to be less well-educated, and their land tended to be of lower quality. Results from the panel data showed conditions generally improving for the average farmer in the sample area between 1991 and 1993, during a period when agricultural reforms were implemented. Cropping patterns were more diversified, the average size of landholdings increased, the average farmer received more credit (in real terms), more farm households earned income from off-farm work, and more farmers used purchased inputs. Asset ownership and educational attainment also improved modestly. The very small low-CI group in this sample fared as well as, or better than, the other groups. True, their level of educational achievement fell, and fewer of them had off-farm income than in 1991. But their use of credit, irrigation, machinery, and purchased inputs increased more than for other groups. The limited data are not proof of a causal link, but the fact that the goals are being met should at least ensure that adverse conditions are not undermining reform. Farmers that lacked access to productive assets did not respond as well to incentives or take advantage of the opportunities presented by reform and may need assistance, particularly to get access to credit markets. There may be a good argument for decoupling income supports from price supports for farmers, since income payments that are independent of the vagaries of production could provide a more stable signal of creditworthiness than price supports do. Possibly reorienting research and extension services more to the needs of low-CI producers could also improve the efficiency with which the sector adjusts to new incentives. Hypotheses and tentative conclusions from this study will be explored further when more data are collected in 1995. This paper - a product of the International Trade Division, International Economics Department--is part of a larger effort in the department to investigate the effects of international trade policy on individual producers. The study was funded by the Bank's Research Support Budget under the research project Rural Poverty and Agriculture in Mexico: An Analysis of Farm Decisions and Supply Responsiveness (RPO 678-23).

Download or read book A Test of the New Variant Famine Hypothesis written by Nicole Marie Mason and published by . This book was released on 2008 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Structure Issues of American Agriculture written by United States. Department of Agriculture. Economics, Statistics, and Cooperatives Service and published by . This book was released on 1979 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of American Agriculture written by Steven C. Blank and published by Routledge. This book was released on 2014-12-18 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book answers the questions: What is happening to American agriculture, and why? Steven C. Blank uses portfolio theory to analyze both macro- and microeconomic data that paints a clear picture of the trends in agriculture, and explains why these trends are consistent with market evolution and global economic development. He clarifies agriculture's specific role in economic development with a focus on the current and future globalizing commodity markets.The book features empirical research that demonstrates the link between farm-level investment decisions and regional and national economic trends. It shows how the dynamic environment of industrialization and globalization of agriculture is part of a continuing development that is driven by technological innovation. This all points to a future with a very different agricultural production sector and some extremely important policy choices that will face the entire country.

Download or read book Making the most of agricultural investment A survey of business models that provide opportunities for smallholders written by and published by IIED. This book was released on with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investing in Risky Inputs in Senegal Implications for Farm Profit and Food Production written by Anatole Goundan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While the productivity effects of the application of modern inputs, such as im- proved seeds or inorganic fertilizer, are well known, farmers in Sub-Saharan Africa tended to underinvest in purchased inputs. This underinvestment appears related to the unpredictable nature of agricultural production that is subject to risks and shocks. Farmers make production decisions before climatic and other shocks are realized. They, therefore, have no certainty about the outcome of their decisions. This makes investments in agricultural inputs very risky. This paper uses recent data for Senegal to identify the main drivers of the decision to purchase risky inputs (seeds and/or fertilizers), the level of investment and to quantify the impact of the use of risky inputs on household welfare. Using a Heck- man model, results show that the main drivers of the decision to purchase risky inputs include household composition, farmer organization, farm size, access to livestock income, and crop diversification. Drivers of the level of investment in risky inputs are gender, extension services, farm size, agricultural capital, and cropping patterns. Using an endogenous switching regression, we find a positive impact on the adoption of risky inputs on farm profit per hectare, and food available from production. The expected impact for non-adopters is found to be higher than that for adopters because they are involved in rice production (which is more responsive to inputs use) and in millet production (which is central for food security).