Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure

This paper uses the recently collected Living Standard Measurement Study-Integrated Surveys on Agriculture Initiative data sets from five countries in Sub-Saharan Africa to provide a comprehensive overview of land and labor market participation by...

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Main Authors:	Dillon, Brian, Barrett, Christopher B.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank Group, Washington, DC 2014
Subjects:	Farm Inputs Rural Development Agricultural Productivity and Markets Agricultural Employment Agricultural Policies
Online Access:	http://documents.worldbank.org/curated/en/2014/11/20395956/agricultural-factor-markets-sub-saharan-africa-updated-view-formal-tests-market-failure http://hdl.handle.net/10986/20648

id	okr-10986-20648
recordtype	oai_dc
spelling	okr-10986-206482021-04-23T14:03:59Z Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure Dillon, Brian Barrett, Christopher B. Farm Inputs Rural Development Agricultural Productivity and Markets Agricultural Employment Agricultural Policies This paper uses the recently collected Living Standard Measurement Study-Integrated Surveys on Agriculture Initiative data sets from five countries in Sub-Saharan Africa to provide a comprehensive overview of land and labor market participation by agrarian households and to formally test for failures in factor markets. Under complete and competitive markets, households can solve their consumption and production problems separately, so that household factor endowments do not predict input demand. This paper implements a simple, theoretically grounded test of this separation hypothesis, which can be interpreted as a reduced form test of factor market failure. In all five study countries, the analysis finds strong evidence of factor market failure. Moreover, those failures appear general and structural, not specific to subpopulations defined by gender or geography. 2014-12-03T22:55:44Z 2014-12-03T22:55:44Z 2014-11 http://documents.worldbank.org/curated/en/2014/11/20395956/agricultural-factor-markets-sub-saharan-africa-updated-view-formal-tests-market-failure http://hdl.handle.net/10986/20648 English en_US Policy Research Working Paper;No. 7117 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Sub-Saharan Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	Farm Inputs Rural Development Agricultural Productivity and Markets Agricultural Employment Agricultural Policies
spellingShingle	Farm Inputs Rural Development Agricultural Productivity and Markets Agricultural Employment Agricultural Policies Dillon, Brian Barrett, Christopher B. Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
geographic_facet	Africa Sub-Saharan Africa
relation	Policy Research Working Paper;No. 7117
description	This paper uses the recently collected Living Standard Measurement Study-Integrated Surveys on Agriculture Initiative data sets from five countries in Sub-Saharan Africa to provide a comprehensive overview of land and labor market participation by agrarian households and to formally test for failures in factor markets. Under complete and competitive markets, households can solve their consumption and production problems separately, so that household factor endowments do not predict input demand. This paper implements a simple, theoretically grounded test of this separation hypothesis, which can be interpreted as a reduced form test of factor market failure. In all five study countries, the analysis finds strong evidence of factor market failure. Moreover, those failures appear general and structural, not specific to subpopulations defined by gender or geography.
format	Publications & Research :: Policy Research Working Paper
author	Dillon, Brian Barrett, Christopher B.
author_facet	Dillon, Brian Barrett, Christopher B.
author_sort	Dillon, Brian
title	Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
title_short	Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
title_full	Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
title_fullStr	Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
title_full_unstemmed	Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure
title_sort	agricultural factor markets in sub-saharan africa : an updated view with formal tests for market failure
publisher	World Bank Group, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2014/11/20395956/agricultural-factor-markets-sub-saharan-africa-updated-view-formal-tests-market-failure http://hdl.handle.net/10986/20648
_version_	1764446944348864512

Agricultural Factor Markets in Sub-Saharan Africa : An Updated View with Formal Tests for Market Failure

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