Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector

In emerging markets for high‐value food products in developing countries, processing companies search for efficient ways to source raw material of high quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of financial incentives in a...

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Autores principales: Saenger, Christoph, Qaim, Matin, Torero, Máximo, Viceisza, Angelino
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2013
Materias:
Acceso en línea:https://hdl.handle.net/10568/152948
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author Saenger, Christoph
Qaim, Matin
Torero, Máximo
Viceisza, Angelino
author_browse Qaim, Matin
Saenger, Christoph
Torero, Máximo
Viceisza, Angelino
author_facet Saenger, Christoph
Qaim, Matin
Torero, Máximo
Viceisza, Angelino
author_sort Saenger, Christoph
collection Repository of Agricultural Research Outputs (CGSpace)
description In emerging markets for high‐value food products in developing countries, processing companies search for efficient ways to source raw material of high quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of financial incentives in a small farm context. We use the example of the Vietnamese dairy sector to analyze the effectiveness of existing contracts between a processor and smallholder farmers in terms of incentivizing the production of high quality milk. A framed field experiment is conducted to evaluate the impact of two incentive instruments, a price penalty for low quality and a bonus for consistent high quality milk, on farmers’ investment in quality‐improving inputs. Statistical analysis suggests that the penalty drives farmers into higher input use, resulting in better output quality. The bonus payment generates even higher quality milk. We also find that input choice levels depend on farmers’ socio‐economic characteristics such as wealth, while individual risk preferences seem to be less important. Implications for the design of contracts with smallholders are discussed.
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spelling CGSpace1529482024-11-15T08:52:49Z Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector Saenger, Christoph Qaim, Matin Torero, Máximo Viceisza, Angelino smallholders high-value agricultural products contract farming field experimentation agro-industrial sector community development rural development urban development behavioural sciences In emerging markets for high‐value food products in developing countries, processing companies search for efficient ways to source raw material of high quality. One widely embraced approach is contract farming. But relatively little is known about the appropriate design of financial incentives in a small farm context. We use the example of the Vietnamese dairy sector to analyze the effectiveness of existing contracts between a processor and smallholder farmers in terms of incentivizing the production of high quality milk. A framed field experiment is conducted to evaluate the impact of two incentive instruments, a price penalty for low quality and a bonus for consistent high quality milk, on farmers’ investment in quality‐improving inputs. Statistical analysis suggests that the penalty drives farmers into higher input use, resulting in better output quality. The bonus payment generates even higher quality milk. We also find that input choice levels depend on farmers’ socio‐economic characteristics such as wealth, while individual risk preferences seem to be less important. Implications for the design of contracts with smallholders are discussed. 2013-05 2024-10-01T13:55:23Z 2024-10-01T13:55:23Z Journal Article https://hdl.handle.net/10568/152948 en Limited Access Wiley Saenger, Christoph; Qaim, Matin; Torero, Maximo; and Viceisza, Angelino. 2013. Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector. Agricultural Economics 44(3): 297-308. https://doi.org/10.1111/agec.12012
spellingShingle smallholders
high-value agricultural products
contract farming
field experimentation
agro-industrial sector
community development
rural development
urban development
behavioural sciences
Saenger, Christoph
Qaim, Matin
Torero, Máximo
Viceisza, Angelino
Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title_full Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title_fullStr Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title_full_unstemmed Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title_short Contract farming and smallholder incentives to produce high quality: Experimental evidence from the Vietnamese dairy sector
title_sort contract farming and smallholder incentives to produce high quality experimental evidence from the vietnamese dairy sector
topic smallholders
high-value agricultural products
contract farming
field experimentation
agro-industrial sector
community development
rural development
urban development
behavioural sciences
url https://hdl.handle.net/10568/152948
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