Farmers' Subjective Valuation of Subsistence Crops: The Case of Traditional Maize in Mexico

Aslihan Arslan and J. Edward Taylor

No 44488, Working Papers from University of California, Davis, Department of Agricultural and Resource Economics

Abstract: Shadow prices guide farmers' resource allocations, but for subsistence farmers growing traditional crops, shadow prices may bear little relationship with market prices. We econometrically estimate shadow prices of maize using data from a nationally representative survey of rural households in Mexico. Shadow prices are significantly higher than the market price for traditional but not improved maize varieties. They are particularly high in the indigenous areas of southern and southeastern Mexico, indicating large de facto incentives to maintain traditional maize there.

Keywords: Agricultural and Food Policy; Community/Rural/Urban Development; International Development (search for similar items in EconPapers)
Pages: 39
Date: 2008-10
New Economics Papers: this item is included in nep-agr and nep-dev
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Farmers' Subjective Valuation of Subsistence Crops: The Case of Traditional Maize in Mexico (2009)
Journal Article: Farmers’ Subjective Valuation of Subsistence Crops: The Case of Traditional Maize in Mexico (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ucdavw:44488

DOI: 10.22004/ag.econ.44488

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