 An Analysis of Welfare Effect of Market Participation of Smallholder Farm Households in GuineaAlhassane Camara (papalhas@gmail.com)
Economic Research Guardian, 2017, vol. 7, issue 1, 2-23 Abstract: Limited empirical studies on agricultural commercialization effect at household level are not conclusive because of the difficulty in setting up a convincing empirical causal relationship. In addition, their outcomes are heavily specific to location and policy environment, which makes almost any generalization impossible. This paper contributes to this literature by investigating the potential welfare impact of smallholder farmers’ participation in the cereals market in Guinea. Fitting an Endogenous Switching Model to the national household survey data, results show that the participation significantly increases household income. For poor and land-constrained smallholders, commercialization seems to be profitable. In the context of increasing population, rapid urbanization and high incidence of poverty, this research adds evidence that supports an agricultural transformation in Guinea through market-orientation as the cornerstone of rural development and poverty alleviation. Keywords: Market participation; Agricultural commercialization; Endogenous Switching Model; Welfare (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:7:y:2017:i:1:p:2-23 Access Statistics for this article Economic Research Guardian is currently edited by Mihai Mutascu More articles in Economic Research Guardian from Mutascu Publishing |
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