This paper presents a model where misallocation in the agricultural factors of production is caused by transportation costs to and from local markets, which result in an inefficiently large share of inputs operated by less productive subsistence farmers. The model derives some testable predictions which are verified in the empirical analysis, based on a representative census of Ugandan farms. Specifically, subsistence farmers operate inefficiently...
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INFORMATION
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2023/07/06
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Article de revue
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186391
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1
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2023/12/12
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Disclosed
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Subsistence Farming and Factor Misallocation : Evidence from Ugandan Agriculture