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Investing in agriculture when it is worth it. Empirical evidence from rural Uganda.

dc.date.accessioned2020-01-25T14:39:02Z
dc.date.available2020-01-25T14:39:02Z
dc.identifier.issn0304-3878
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/20478
dc.descriptionRevise and Resubmit
dc.language.isoenen
dc.subjectEmpirics
dc.subject.ddc338.9en
dc.subject.classificationjelO.O1.O13en
dc.subject.classificationjelO.O5.O55en
dc.titleInvesting in agriculture when it is worth it. Empirical evidence from rural Uganda.
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThe low level of agricultural productivity in Sub-Saharan Africa is often deemed to be dueto low levels of investment. Yet, why such low investments persist and how to make farmersincrease them is still not clear. Using unique data collected in rural Uganda in 2015 and 2016I show that farmers increase their investment in cattle when their herd value exogenouslyincreases. Based on an instrumental variable approach using the sex of a recently born calf asa source of exogenous variation in cattle value, I find that ten additional dollars in herd valueraises investment in cattle health by 3$, resulting in higher milk production and 20$ higherprofits. These results indicate that farmers do react to the profiability of their activities andmay take investment decisions based on the ’quality’ of their productive assets.
dc.relation.isversionofjnlnameJournal of Development Economics
dc.relation.isversionofjnlpublisherElsevier
dc.subject.ddclabelCroissance et développement économiquesen
dc.relation.forthcomingouien
dc.relation.forthcomingprintouien
dc.description.ssrncandidatenon
dc.description.halcandidatenon
dc.description.readershiprecherche
dc.description.audienceInternational
dc.relation.Isversionofjnlpeerreviewedoui
dc.date.updated2022-12-14T14:34:02Z


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