CROP SUPPLY RESPONSES UNDER UNCERTAINTY IN TWO SENEGALESE REGIONS: A COMPARATIVE STUDY
Mamadou Sidibe
No 11136, Graduate Research Master's Degree Plan B Papers from Michigan State University, Department of Agricultural, Food, and Resource Economics
Abstract:
Farm resource allocation decision, particularly in developing countries, is generally a risky process. The uncertainty related to yields and farm product prices suggests that farmers behave in risk-averse ways. This research uses linear programming models under a risk framework to investigate about cropping patterns and technologies most profitable to farmers in two Senegalese zones: The Center of the Peanut Basin and the Upper Casamance. Normative supply responses are derived for the two agricultural zones investigated under a food security perspective by making assumptions about farm price levels. In the Central Peanut Basin, acreage under cultivation does not respond to price increases; supply responses have constant slopes. In the Upper Casamance zone, interesting aspects of land competition between crops is found. Among all crops, maize showed higher acreage responses to price increases.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 121
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midagr:11136
DOI: 10.22004/ag.econ.11136
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