English, Article, Journal or magazine article edition: Farm households production theories: a review of institutional and behavioural responses Mariapia MENDOLA

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Bookmark: http://trove.nla.gov.au/version/58928
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Farm households production theories: a review of institutional and behavioural responses
Author
  • Mariapia MENDOLA
Physical Description
  • preprint
Notes
  • This paper presents a synthesis of the main theoretical and empirical contributions that analyse production choices of farm households living and operating in developing countries. The review is particularly concerned with recent micro-economic contributions that highlight the trade-off farm households typically face, between full-income risk and expected return, while making production decisions in a context of weak financial institutions in low-income settings. The same literature point out how weak institutions and farm households behavioural responses to risk-return trade-off may lead to situations of poverty traps
  • Farm Households, Production Choices, Income Smoothing; Poverty
  • RePEc:mil:wpdepa:2005-01
Language
  • English
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