Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints
The authors use a large panel data set from Zambia to examine factors that could explain the relatively lackluster performance of the country's agricultural sector after liberalization. Zambia's liberalization significantly opened the eco...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2000/03/437970/liberalization-alone-not-improved-agricultural-productivity-zambia-role-asset-ownership-working-capital-constraints http://hdl.handle.net/10986/22357 |
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okr-10986-223572021-04-23T14:04:07Z Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints Deininger, Klaus Olinto, Pedro AGRICULTURAL EXTENSION AGRICULTURAL EXTENSION SERVICES AGRICULTURAL PRODUCTION AGRICULTURE ASSETS CAPITAL CONSTRAINTS CATTLE CLIMATIC CONDITIONS COMMODITIES COMPARATIVE ADVANTAGE CONCEPTUAL FRAMEWORK CONSUMER SUBSIDIES CONSUMERS CROPS DECENTRALIZATION DECISION MAKING DEVELOPMENT ECONOMICS DEVELOPMENT RESEARCH DISEASES DISTORTED INCENTIVES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC LIBERALIZATION ECONOMIC POLICIES ECONOMIC TRENDS ELASTICITY EQUATIONS EQUIPMENT EXCHANGE RATE EXPORTS FARMERS FARMING FISCAL POLICIES GDP GOVERNMENT INTERVENTION GOVERNMENT SUBSIDIES HUMAN CAPITAL HYBRID SEED INCOME INCOMES INCREASES INPUT PRICES INPUT USE INSURANCE INTEREST RATES LABOR MARKETS LIVESTOCK The authors use a large panel data set from Zambia to examine factors that could explain the relatively lackluster performance of the country's agricultural sector after liberalization. Zambia's liberalization significantly opened the economy but failed to alter the structure of production or help realize efficiency gains. They reach two main conclusions. First, not owning productive assets (in Zambia, draft animals and implements) limits improvements in agricultural productivity and household welfare. Owning oxen increases income directly, allows farmers to till their fields efficiently when rain is delayed, increases the area cultivated, and improves access to credit and fertilizer markets. Second, the authors reject the hypothesis that the application of fertilizer is unprofitable because of high input prices. Rather, fertilizer use appears to have declined because of constraints on supplies, which government intervention exacerbated instead of alleviating. (Extending the use of fertilizer to the many producers not currently using it would be profitable, but increasing the amount applied by the few producers who now have access to it would not be.) Policies to foster accumulation of the assets needed for agricultural production (including draft animals and implements) and to provide complementary public goods (education, credit, and good agricultural extension services) could greatly help reduce poverty and improve productivity. 2015-07-31T15:43:21Z 2015-07-31T15:43:21Z 2000-03 Working Paper http://documents.worldbank.org/curated/en/2000/03/437970/liberalization-alone-not-improved-agricultural-productivity-zambia-role-asset-ownership-working-capital-constraints http://hdl.handle.net/10986/22357 English en_US Policy Research Working Paper;No. 2302 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Zambia |
| 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 |
AGRICULTURAL EXTENSION AGRICULTURAL EXTENSION SERVICES AGRICULTURAL PRODUCTION AGRICULTURE ASSETS CAPITAL CONSTRAINTS CATTLE CLIMATIC CONDITIONS COMMODITIES COMPARATIVE ADVANTAGE CONCEPTUAL FRAMEWORK CONSUMER SUBSIDIES CONSUMERS CROPS DECENTRALIZATION DECISION MAKING DEVELOPMENT ECONOMICS DEVELOPMENT RESEARCH DISEASES DISTORTED INCENTIVES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC LIBERALIZATION ECONOMIC POLICIES ECONOMIC TRENDS ELASTICITY EQUATIONS EQUIPMENT EXCHANGE RATE EXPORTS FARMERS FARMING FISCAL POLICIES GDP GOVERNMENT INTERVENTION GOVERNMENT SUBSIDIES HUMAN CAPITAL HYBRID SEED INCOME INCOMES INCREASES INPUT PRICES INPUT USE INSURANCE INTEREST RATES LABOR MARKETS LIVESTOCK |
| spellingShingle |
AGRICULTURAL EXTENSION AGRICULTURAL EXTENSION SERVICES AGRICULTURAL PRODUCTION AGRICULTURE ASSETS CAPITAL CONSTRAINTS CATTLE CLIMATIC CONDITIONS COMMODITIES COMPARATIVE ADVANTAGE CONCEPTUAL FRAMEWORK CONSUMER SUBSIDIES CONSUMERS CROPS DECENTRALIZATION DECISION MAKING DEVELOPMENT ECONOMICS DEVELOPMENT RESEARCH DISEASES DISTORTED INCENTIVES ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC LIBERALIZATION ECONOMIC POLICIES ECONOMIC TRENDS ELASTICITY EQUATIONS EQUIPMENT EXCHANGE RATE EXPORTS FARMERS FARMING FISCAL POLICIES GDP GOVERNMENT INTERVENTION GOVERNMENT SUBSIDIES HUMAN CAPITAL HYBRID SEED INCOME INCOMES INCREASES INPUT PRICES INPUT USE INSURANCE INTEREST RATES LABOR MARKETS LIVESTOCK Deininger, Klaus Olinto, Pedro Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| geographic_facet |
Africa Zambia |
| relation |
Policy Research Working Paper;No. 2302 |
| description |
The authors use a large panel data set
from Zambia to examine factors that could explain the
relatively lackluster performance of the country's
agricultural sector after liberalization. Zambia's
liberalization significantly opened the economy but failed
to alter the structure of production or help realize
efficiency gains. They reach two main conclusions. First,
not owning productive assets (in Zambia, draft animals and
implements) limits improvements in agricultural productivity
and household welfare. Owning oxen increases income
directly, allows farmers to till their fields efficiently
when rain is delayed, increases the area cultivated, and
improves access to credit and fertilizer markets. Second,
the authors reject the hypothesis that the application of
fertilizer is unprofitable because of high input prices.
Rather, fertilizer use appears to have declined because of
constraints on supplies, which government intervention
exacerbated instead of alleviating. (Extending the use of
fertilizer to the many producers not currently using it
would be profitable, but increasing the amount applied by
the few producers who now have access to it would not be.)
Policies to foster accumulation of the assets needed for
agricultural production (including draft animals and
implements) and to provide complementary public goods
(education, credit, and good agricultural extension
services) could greatly help reduce poverty and improve productivity. |
| format |
Working Paper |
| author |
Deininger, Klaus Olinto, Pedro |
| author_facet |
Deininger, Klaus Olinto, Pedro |
| author_sort |
Deininger, Klaus |
| title |
Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| title_short |
Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| title_full |
Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| title_fullStr |
Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| title_full_unstemmed |
Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia : The Role of Asset Ownership and Working Capital Constraints |
| title_sort |
why liberalization alone has not improved agricultural productivity in zambia : the role of asset ownership and working capital constraints |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2000/03/437970/liberalization-alone-not-improved-agricultural-productivity-zambia-role-asset-ownership-working-capital-constraints http://hdl.handle.net/10986/22357 |
| _version_ |
1764450637202849792 |