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Download e-book for kindle: Alley Farming (The Tropical Agriculturalist) by B.T. Kang, A.N. Atta-Krah, L. Reynolds

By B.T. Kang, A.N. Atta-Krah, L. Reynolds

ISBN-10: 0333600800

ISBN-13: 9780333600801

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Additional resources for Alley Farming (The Tropical Agriculturalist)

Sample text

Therefore, the key issue for the elasticity of the aggregate supply of nontradables in rural areas in such a stylized economy boils down to the existence in equilibrium of underused resources of labor, land, and capital that can flow into new production of nontradables stimulated by demand shocks. What evidence is there of underused resources in rural Africa? While this question has not been conclusively studied, strong anecdotal evidence suggests the existence of such resources. There are two main arguments.

Equation (4) is estimated using OLS for (1) each of four sectors (farm tradables, farm nontradables, nonfarm tradables, and nonfarm nontradables), and (2) each of one-to-two dozen commodity categories, depending on the country (local food and livestock products, for example). MBSs are computed for the overall sample and for sample subgroups by evaluating the coefficients at the sample subgroup means. The coefficients derive from the additive properties of MBSs, which permit estimation of the model parameters for the entire data set but estimation of results for specific strata using subgroup averages of data on the right-hand side.

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Alley Farming (The Tropical Agriculturalist) by B.T. Kang, A.N. Atta-Krah, L. Reynolds

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