What is it about?
the paper analyzes the determinants of the the supply response to price shocks including policy incentives and effects of marketing margins building on econometric techniques (system generalized method of moments) and relying on a new data-set proposed by the Monitoring and Analyzing Food and Agricultural Policies program funded by the Bill and Melinda Gates Foundation.
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Why is it important?
this paper is the first one to identify the role of marketing margins and policies in addition to price levels in driving the supply response for small farmers in Africa.
Perspectives
this is a very useful paper building on very robust analysis for those practitioners interested in providing policy advice on food security and the role of policies.
Dr. Jean Balié
International Rice Research Institute
Read the Original
This page is a summary of: Price Signals and Supply Responses for Staple Food Crops in Sub-Saharan Africa, Applied Economic Perspectives and Policy, September 2017, Oxford University Press (OUP),
DOI: 10.1093/aepp/ppx037.
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