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"Subsistence first" : farm allocation decisions in Senegal (Английский)

This paper examines a problem, suggested by the Senegalese experience but common to many countries, of joint production of a subsistence crop, millet, which is subject to stringent marketing constraints and a cash crop, groundnuts, sold through established channels. The questions addressed in this paper concern: (i) the effects of the institutional constraint on commercialization and the structure of risk on the allocation of farm land; and (ii) the...
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