Rural economy and farm income diversification in developing countries

Farm-level diversification, the adoption of alternative income-generating activities by farm households, is rarely deemed an explicit objective by economists. Where agricultural transformation has occurred, markets function well and agriculture is a waning portion of overall national product, such a...

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Main Authors: Delgado, Christopher L., Siamwalla, Ammar
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 1997
Subjects:
Online Access:https://hdl.handle.net/10568/161180
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author Delgado, Christopher L.
Siamwalla, Ammar
author_browse Delgado, Christopher L.
Siamwalla, Ammar
author_facet Delgado, Christopher L.
Siamwalla, Ammar
author_sort Delgado, Christopher L.
collection Repository of Agricultural Research Outputs (CGSpace)
description Farm-level diversification, the adoption of alternative income-generating activities by farm households, is rarely deemed an explicit objective by economists. Where agricultural transformation has occurred, markets function well and agriculture is a waning portion of overall national product, such as the rice growing regions of Southeast Asia, farm diversification might be a desirable outcome of pursuing a market liberalization objective, but is probably not an end in itself. In Sub-Saharan Africa, where these conditions often do not hold, development depends on pro-actively commercializing rural areas. African farmers tend to diversify their production activities widely to mitigate risk, but to only produce one or two exportable commodities. High transaction costs are common barriers to diversification into new export opportunities, especially for the poor and less well-informed, who tend to fall behind during times of rapid structural change. Identifying appropriate rural institutions to incorporate rural people into new export opportunities is a major priority for relevant policy research; contract farming and participatory cooperatives offer promise and merit further study.
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spelling CGSpace1611802025-11-06T05:18:10Z Rural economy and farm income diversification in developing countries Delgado, Christopher L. Siamwalla, Ammar alternative agriculture exports Farm-level diversification, the adoption of alternative income-generating activities by farm households, is rarely deemed an explicit objective by economists. Where agricultural transformation has occurred, markets function well and agriculture is a waning portion of overall national product, such as the rice growing regions of Southeast Asia, farm diversification might be a desirable outcome of pursuing a market liberalization objective, but is probably not an end in itself. In Sub-Saharan Africa, where these conditions often do not hold, development depends on pro-actively commercializing rural areas. African farmers tend to diversify their production activities widely to mitigate risk, but to only produce one or two exportable commodities. High transaction costs are common barriers to diversification into new export opportunities, especially for the poor and less well-informed, who tend to fall behind during times of rapid structural change. Identifying appropriate rural institutions to incorporate rural people into new export opportunities is a major priority for relevant policy research; contract farming and participatory cooperatives offer promise and merit further study. 1997 2024-11-21T09:53:59Z 2024-11-21T09:53:59Z Working Paper https://hdl.handle.net/10568/161180 en Open Access application/pdf International Food Policy Research Institute Delgado, Christopher L.; Siamwalla, Ammar. 1997. Rural economy and farm income diversification in developing countries. MTID Discussion Paper 20. https://hdl.handle.net/10568/161180
spellingShingle alternative agriculture
exports
Delgado, Christopher L.
Siamwalla, Ammar
Rural economy and farm income diversification in developing countries
title Rural economy and farm income diversification in developing countries
title_full Rural economy and farm income diversification in developing countries
title_fullStr Rural economy and farm income diversification in developing countries
title_full_unstemmed Rural economy and farm income diversification in developing countries
title_short Rural economy and farm income diversification in developing countries
title_sort rural economy and farm income diversification in developing countries
topic alternative agriculture
exports
url https://hdl.handle.net/10568/161180
work_keys_str_mv AT delgadochristopherl ruraleconomyandfarmincomediversificationindevelopingcountries
AT siamwallaammar ruraleconomyandfarmincomediversificationindevelopingcountries