American Journal of Agricultural Economics · 2015 · 122 citations · 28 references
AgricultureAgricultural EconomicsEconomicsAgricultural DevelopmentDevelopment EconomicsRural EconomicsAgricultural Household EconomicsAgricultural Market ChannelsAgricultural MarketsFarm Household EconomicsFood Marketing EconomicsSmallholder Farming SystemsFarmer Participation In MarketsFarmer Welfare EffectsMarket Participation By SmallholdersSmallholder FarmersSmallholder Market ParticipationSmallholder ParticipationSupermarket EconomicsWelfare Effects Analysis
In many developing countries, supermarkets are expanding rapidly. This affects farmers’ marketing options. Previous studies have analyzed welfare effects of smallholder participation in supermarket channels from a static perspective, using cross‐section data. We develop a conceptual framework and use panel data to better understand participation and impact dynamics. The analysis focuses on vegetable producers in Kenya. Participation in supermarket channels is associated with income gains. However, many farmers have dropped out of the supermarket channel due to various constraints. The initial income gains cannot be sustained when returning to the traditional market. Organizational support may be needed to avoid widening income disparities.
28
Entry, Exit, and firm Dynamics in Long Run Equilibrium
Hugo A. Hopenhayn · Econometrica · 1992 · 2.9K citations
Entry and Exit Decisions under Uncertainty
Avinash Dixit · Journal of Political Economy · 1989 · 2.4K citations