Contract farming and rural transformation: Evidence from a field experiment in Benin
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Title |
Contract farming and rural transformation: Evidence from a field experiment in Benin
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Creator |
Arouna, A.
Michler, J.D. Lokossou, J.C |
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Subject |
rice
farming systems contract farming |
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Description |
Contract farming has emerged as a popular mechanism to encourage vertical coordination in developing country agriculture. Yet, there is a lack of consensus on its ability to spur structural transformation in rural economies. We present results from a field experiment on contract farming for rice production in Benin. While all contracts have positive effects on welfare and productivity measures, we find that the simplest contract has impacts nearly as large as contracts with additional attributes. This suggests that once price risk is resolved through the offer of a fixed-price contract, farmers are able to address other constraints on their own.
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Date |
2021-06
2021-06-08T15:50:04Z 2021-06-08T15:50:04Z |
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Type |
Journal Article
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Identifier |
Arouna A., Michler J.D., Lokossou J.C.Contract farming and rural transformation: Evidence from a field experiment in Benin.Journal of Development Economics.2021,Volume 151:102626
0304-3878 https://hdl.handle.net/10568/113905 https://doi.org/10.1016/j.jdeveco.2021.102626 |
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Language |
en
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Rights |
CC-BY-4.0
Open Access |
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Format |
102626
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Publisher |
Elsevier BV
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Source |
Journal of Development Economics
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