The valuation of farmland is a perennial issue for agricultural policy, given its importance in the farm investment portfolio. Despite the significance of farmland values to farmer wealth, prediction remains a difficult task. This study develops a dynamic information measure to examine the informational content of farmland values and farm income in explaining the distribution of farmland values...

The fall of the Berlin wall has led to a monumental change in the social and economic structure of most countries in Central and Eastern Europe (CEE) and the CIS that have profoundly affected the nature of the rural sector and the livelihood opportunities open to rural residents. Prior to 1990, most of these countries had de facto abolished private property rights in favor of state or cooperati...

Panel data from villages in rural south India have been used for leading econometric studies on risk-sharing in village economies. The work has influenced debate on safety net design world-wide and has driven scholarly agendas on household economics. This paper critically surveys work to date and provides new results. The data show that statecontingent transfers between households can in princi...

This paper examines the association of comprehensive income with subsequent period net income as well as analysts’ earnings forecasts. Our results support the notion that comprehensive income is incrementally useful in predicting subsequent period changes in net income. We also document that comprehensive income is associated with analysts’ earnings forecast revisions and forecast errors. The e...

This article joins the debate over the effect of market-driven economic development on women’s work opportunities and household gender inequalities. It assesses women’s opportunities for off-farm employment, the relative contributions of female off-farm workers to household income, and the distribution of power in families whose male members have left for off-farm jobs, leaving women behind in ...

Many fear China’s accession to WTO will impoverish its rural people, via greater import competition in its agricultural markets. We explore that possibility bearing in mind that, even if producer prices of some (land-intensive) farm products fall, prices of other (labor-intensive) farm products could rise. Also, the removal of restrictions on exports of textiles and clothing could boost town an...

This paper reviews major lines of theoretical and empirical research on farm household production choices in developing countries. It provides a wide-ranging literature review of different microeconomic approaches to peasant economy, shedding light on the underlying reasons that lead modern development economists away from the neoclassical framework to study “real people in real environments.” ...

This study applied multi agent simulation to investigate the impact of farm credit (an agricultural land-use change adaptation strategy) on farm household livelihood. General household and land use data were obtained from 186 sampled household. Two household types were identified; the first household type was better-off in terms of land area cultivated and income generated from rain-fed rice. O...

While tissue culture (TC) technology for vegetative plant propagation is gradually gaining in importance in Africa, rigorous ex post assessments of welfare effects for smallholder farm households is lacking. Using recent survey data and accounting for self-selection in technology adoption, we analyze the impacts of TC banana technology on household income and food security in Kenya. To assess f...

most of the population of nigeria is rural and agriculture is the mainstay of the impoverished people’s livelihood. this paper estimated the determinants of rural poverty in nigeria using the tobit regression model. through the multistage sampling technique, primary data were obtained from 150 rural farming households using a questionnaire. the result of tobit regression analysis shows that inc...