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ISBN-10: 044481969X

ISBN-13: 9780444819697

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Extra resources for Agricultural Household Modelling and Family Economics

Example text

However, it is likely that s h a d o w and market w a g e s are closer for hired labour than for family labour as the results show. , 1986, T h e Cote d'lvoire Living Standards Survey. W o r k i n g Paper 26, LSMS, T h e World Bank. , 1992, Household Composition and Labor D e m a n d : a Test of Rural Labour Market Efficiency. Econometrics, 60, pp. 287-322. Berthelemy J. , 1990, Growth and Crisis in Cote d'lvoire. DELTA, Paris. Μ. 1 9 9 1 , L'utilisation des donnoes microeconomiques dans l'analyse et la formulation des politiques agricoles des pays francophones de l'Afrique de I'Ouest.

Duality specifications for separable models Early applications o f agricultural household models typically assumed that consumption and production are separable, so that consumption a n d production models are recursive. Separability holds under fairly restrictive conditions: complete and competitive markets, zero transaction and c o m m u t i n g costs, perfect sustitutibility in production sustitutibility in consumption independence of farm between farm family a n d hired labor, perfect between on-farm a n d off-farm e m p l o y m e n t , a n d productivity from farm household consumption ( e .

One could also test s o m e separability properties, or the exogeneity of production decisions. However the results of s o m e of these tests could be sensitive to the model specification. It w o u l d not be credible to systematically reject interaction between production and consumption decisions. T h e household sample size could limit practical alternatives to the use of the simplest models needing little information. The estimation of a complete m o d e l is extremely difficult with a small sample because there are too m a n y parameters and there could be s o m e identification difficulties between these parameters.

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Agricultural Household Modelling and Family Economics by FRANCE CAILLAVET, HERVÉ GUYOMARD and ROBERT LIFRAN (Eds.)

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