The Elusive Quest for Supply Response to Cash-crop Market Reforms in Sub-Saharan Africa : The Case of Cotton
Little cross-cutting conclusions emerge from comparative studies on the impact of structural adjustment on Sub-Saharan African agricultural performance. This paper aims to illuminate this long-standing debate by adopting a novel quantitative, secto...
| Main Authors: | , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
2012
|
| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111026140748 http://hdl.handle.net/10986/3627 |
| Summary: | Little cross-cutting conclusions emerge
from comparative studies on the impact of structural
adjustment on Sub-Saharan African agricultural performance.
This paper aims to illuminate this long-standing debate by
adopting a novel quantitative, sectoral and long-term
approach controlling for country-specific determinants. It
incorporates detailed information on the pace of reforms and
the nature of post-reform market structure, pre-reform
policies and weather conditions at the cultivation zone
level. The cotton sector is the focus of this paper because
of its particularly interesting institutional history. The
authors find that the changes in market structure brought
about by reforms have had very different impacts in
Francophone West and Central Africa and in the rest of
Sub-Saharan Africa. In the former region, production has
been higher but productivity lower, on average, in regulated
markets than in monopolistic markets. Conversely, in the
liberalized markets of the rest of Sub-Saharan Africa,
productivity has been higher in than in monopolistic markets
but highly competitive markets seem to have produced less
than monopolistic sectors. |
|---|