A Selectivity Model of Household Food Marketing Behavior in Sub-Saharan Africa

@article{Goetz1992ASM,
  title={A Selectivity Model of Household Food Marketing Behavior in Sub-Saharan Africa},
  author={S. Goetz},
  journal={American Journal of Agricultural Economics},
  year={1992},
  volume={74},
  pages={444-452}
}
  • S. Goetz
  • Published 1992
  • Economics
  • American Journal of Agricultural Economics
  • The agricultural household's discrete decision of whether to participate in coarse grain markets is separated here from the continuous decision of how much to sell or buy, conditional on participation. Failure to participate in markets results from high fixed transactions costs. A selectivity model endogenously switches households into alternative market participation states, correcting for bias caused by the exclusion of unobservable variables affecting both discrete and continuous decisions… CONTINUE READING
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