| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24564 |
| 来源ID | Working Paper 24564 |
| Seasonal Liquidity, Rural Labor Markets and Agricultural Production | |
| Günther Fink; B. Kelsey Jack; Felix Masiye | |
| 发表日期 | 2018-04-30 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Many rural households in low and middle income countries continue to rely on small-scale agriculture as their primary source of income. In the absence of irrigation, income arrives only once or twice per year, and has to cover consumption and input needs until the subsequent harvest. We develop a model to show that seasonal liquidity constraints not only undermine households’ ability to smooth consumption over the cropping cycle, but also affect labor markets if liquidity-constrained farmers sell family labor off-farm to meet short-run cash needs. To identify the impact of seasonal constraints on labor allocation and agricultural production, we conducted a two-year randomized controlled trial with small-scale farmers in rural Zambia. Our results indicate that lowering the cost of accessing liquidity at the time of the year when farmers are most constrained (the lean season) reduces aggregate labor supply, drives up wages and leads to a reallocation of labor from less to more liquidity-constrained farms. This reallocation reduces consumption and income inequality among treated farmers and increases average agricultural output. |
| 主题 | Microeconomics ; Households and Firms ; Labor Economics ; Labor Market Structures ; Development and Growth ; Development |
| URL | https://www.nber.org/papers/w24564 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582237 |
| 推荐引用方式 GB/T 7714 | Günther Fink,B. Kelsey Jack,Felix Masiye. Seasonal Liquidity, Rural Labor Markets and Agricultural Production. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24564.pdf（1296KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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