Insolvency determinants of the terms of agricultural contracts: The case of rice farmers in Burkina Faso

Didier Sawadogo, Aminou Arouna and Souleymane Ouedraogo

African Journal of Agricultural and Resource Economics, 2020, vol. 15, issue 3

Abstract: The advantage of contract rice production is that it meets the quality requirements of rice production and satisfies the domestic demand for rice in a country. The objective of this study was to analyse the insolvency criteria of rice farmers’ contracts in Burkina Faso. The field survey involved a random sample of 400 rice farmers. The multivariate model made it possible to analyse the determinants that enable the satisfaction of contract terms and thus ensure the solvency of contracts on the rice plains. The results show that access to credit, access to training and formal contracts significantly affect price, quality and quantity agreements. These analyses thus highlight the importance and relevance of formal contracts to ensure better practice and the solvency of rice contracts.

Keywords: Agribusiness; Crop Production/Industries (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/307633/files/5.-Sawadogo-et-al.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:afjare:307633

DOI: 10.22004/ag.econ.307633

Access Statistics for this article

More articles in African Journal of Agricultural and Resource Economics from African Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().