How much does take-up timing for agricultural inputs depend on price? Evidence from an experiment in Nigeria
Economic theory tells us that price plays an important role in determining demand for goods and services. When prices fall, demand rises. Demand curves, therefore, typically slope downward. Thus, discount vouchers (in the private sector) and subsidies (in the public sector) are popular, evidence–bac...
| Main Authors: | , , , , , |
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| Format: | Blog Post |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2024
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/158237 |
| Summary: | Economic theory tells us that price plays an important role in determining demand for goods and services. When prices fall, demand rises. Demand curves, therefore, typically slope downward. Thus, discount vouchers (in the private sector) and subsidies (in the public sector) are popular, evidence–backed mechanisms for reducing consumer prices and promoting demand—and in particular, expanding the use of quality inputs and other agricultural technologies among smallholder farmers. |
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