Agritrop
Accueil

Wait and Sell: Farmers' individual preferences and crop storage in Burkina Faso

Le Cotty Tristan, Maître d'Hôtel Elodie, Soubeyran Raphaël, Subervie Julie. 2014. Wait and Sell: Farmers' individual preferences and crop storage in Burkina Faso. . CNRS. Lyon : s.n., 1-21. Annual meeting of French economic association. 63, Lyon, France, 16 Juin 2014/18 Juin 2014.

Communication avec actes
[img]
Prévisualisation
Version publiée - Anglais
Utilisation soumise à autorisation de l'auteur ou du Cirad.
ID578983.pdf

Télécharger (158kB) | Prévisualisation

Résumé : This paper investigates the reasons why African farmers who face similar financial constraints and agro-ecological conditions differ in storage behavior. We argue that even in cases when farmers are unconstrained and benefit from facilitated access to granaries, we can establish a causal link between discount rate and storage in a framework where agents are still time-consistent. We first provide a simple on farm storage model which shows mechanisms at stake when taking into account both risk and time preferences. We then test the model's predictions using original data on agricultural decisions, collected from 1500 farmers in two regions of Burkina Faso, who were also asked hypothetical risk aversion and time discounting questions. We provide a identification strategy which tackles the issue of self-selection in market participation. We find a statistically significant impact of risk and time preferences on storage behavior for unconstrained farmers. Our results are robust to various measures of risk and time preferences. This paper presents one of the first set of field evidence that links risk aversion and time discounting to observed agricultural decisions.

Classification Agris : J10 - Manutention, transport, stockage et conservation des produits agricoles
U10 - Informatique, mathématiques et statistiques

Auteurs et affiliations

  • Le Cotty Tristan, CIRAD-ES-UMR CIRED (FRA)
  • Maître d'Hôtel Elodie, CIRAD-ES-UMR MOISA (BFA)
  • Soubeyran Raphaël, INRA (FRA)
  • Subervie Julie, INRA (FRA)

Source : Cirad-Agritrop (https://agritrop.cirad.fr/578983/)

Voir la notice (accès réservé à la Dist) Voir la notice (accès réservé à la Dist)

[ Page générée et mise en cache le 2022-10-19 ]