TY  - BOOK
AU  - Barrett Christopher B
AU  - Sherlund, Shane M. Adesina, Akinwumi A.
AU  - Adesina, Akinwumi A.
TI  - Macroeconomic shocks, human capital and productive efficiency: Evidence from west African rice farmers
SN  - 09638024
AV  - HC800.A1 JOU 
PY  - 2006///
CY  - Oxford
PB  - Oxford University Press
KW  - Macroeconomic shocks
KW  - Human Capital
KW  - Productive efficiency, Rice farmers
KW  - West Africa
N2  - Little empirical work has quantified the transitory effects of macroeconomic shocks on farm-level production behaviour. We develop a simple analytical model to explain how macroeconomic shocks might temporarily divert managerial attention, thereby affecting farm-level productivity, but perhaps to different degrees and for different durations across production units. We then successfully test hypotheses from that model using panel data bracketing massive currency devaluation in the West African nation of Côte d'Ivoire. We find a transitory increase in mean plot-level technical inefficiency among Ivorien rice producers and considerable variation in the magnitude and persistence of this effect, attributable largely to ex ante complexity of operations, and the educational attainment and off-farm employment status of the plot manager
UR  - 10.1093/jae/ejk001
ER  -