| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14384 |
| DP14384 The Rise of Agribusiness and the Distributional Consequences of Policies on Intermediated Trade | |
| Swati Dhingra; Silvana Tenreyro | |
| 发表日期 | 2020-02-05 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Policies to encourage agribusinesses-led development of crop markets are high on the agenda of many policy-makers. Since the 1980s, several countries have moved to a model in which agribusinesses provide market access to farmers. The motivation behind these policies is to raise income and wellbeing, particularly for low-income rural households. Yet, systematic analyses of the overall impact of such policies on household welfare are scant. This paper provides a novel modelling framework to study the role of agribusinesses in shaping the gains from trade and the share accruing to small farmers. Exploiting a national policy change in Kenya in 2004, we find that the shift to the agribusiness model reduced farmer incomes from policy-affected crops, relative to other crops. The relative fall in incomes was higher for farmers selling primarily to large agribusinesses. Correspondingly, agribusiness firms specialized in policy-affected crops saw larger increases in profit margins. Farmers in villages with a comparative advantage in policy-affected crops saw larger reductions in consumption, especially of durable assets. The findings contribute to the academic and policy debate on the impact of market power on the size and distribution of the gains from trade. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Agribusiness market power Intermediated trade Middlemen Oligopsony |
| URL | https://cepr.org/publications/dp14384 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543278 |
| 推荐引用方式 GB/T 7714 | Swati Dhingra,Silvana Tenreyro. DP14384 The Rise of Agribusiness and the Distributional Consequences of Policies on Intermediated Trade. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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