Supply Response by Traditional and Commercial Producers of Basic Grains in LDCs*

Jose Alvarez and Chris O. Andrew

Journal of Agricultural and Applied Economics, 1977, vol. 9, issue 1, 157-162

Abstract: Traditional farms can play an important role in the agricultural development process [4, 6, 7, 8]. Less developed countries (LDCs) emphasize production and productivity increases for basic grains by relying on modern yield-increasing technology [2]. Technological advance, however, may produce diverging results; productivity may increase while production stagnates or declines. Due to both major seasonal and cyclical price fluctuations in basic grains and income limitations, traditional farmers in LDCs choose, quite rationally, to grow only enough of some food crops for home consumption. Yet policy makers often seek to increase the marketed supply of food crops and to determine possible changes in land utilization to meet that objective.

Date: 1977
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