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022 _a09638024
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHC800.A1 JOU
100 1 _aBarrett Christopher B
_eauthor
245 1 0 _aMacroeconomic shocks, human capital and productive efficiency:
_bEvidence from west African rice farmers
_ccreated by Christopher B. Barrett, Shane M. Sherlund and Akinwumi A. Adesina
264 1 _aOxford:
_bOxford University Press,
_c2006
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of African Economies
_vVolume 15, number 3
520 3 _aLittle 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.
650 _aMacroeconomic shocks
_vHuman Capital
_xProductive efficiency, Rice farmers
_zWest Africa
700 _aSherlund, Shane M. Adesina, Akinwumi A.
_eco-author
700 _aAdesina, Akinwumi A.
_eco-author
856 _u10.1093/jae/ejk001
942 _2lcc
_cJA
999 _c165047
_d165047