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We characterize systematic differences in willingness and opportunity to contract for farmers in and out of the French bean supply market in Kenya. We find that the factors associated with… Click to show full abstract
We characterize systematic differences in willingness and opportunity to contract for farmers in and out of the French bean supply market in Kenya. We find that the factors associated with being a low cost producer do not always align with the factors correlated with opportunity to contract. We also find that farmers in and out of the market differ on average in the premiums they place on buyer reliability, which suggests that imperfect contract enforcement could impact participation in French bean contracting.
Keywords:
contract;
french bean;
opportunity contract;
market;
willingness
Journal Title: Agricultural Economics
Year Published: 2018
Link to full text (if available)
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Journal Title: Agricultural Economics
Year Published: 2018
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!