Commodity Prices and Intra-Household Labor Allocation
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Commodity Prices and Intra-Household Labor Allocation. / Beck, Ulrik Richardt; Singhal, Saurabh; Tarp, Finn.
In: American Journal of Agricultural Economics, Vol. 101, No. 2, 06.12.2018, p. 436-454.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Commodity Prices and Intra-Household Labor Allocation
AU - Beck, Ulrik Richardt
AU - Singhal, Saurabh
AU - Tarp, Finn
PY - 2018/12/6
Y1 - 2018/12/6
N2 - Volatility in commodity markets poses a distinct risk to farmers in developing countries who rely on cash crop agriculture. We combine a time series of international coffee prices with a long-running panel on coffee-growing households in Vietnam to investigate coping mechanisms employed by farmers in a transitioning economy. We find that households cope with lower coffee prices by increasing wage labor of adults, with children and adolescents substituting for adults on the farm. Heterogeneity analysis indicates a stronger substitution pattern among women, ethnic minorities, and households with fewer assets. A variety of robustness checks corroborate these findings. Account of this finding should be taken in formulating and implementing social protection and inclusive growth policies.
AB - Volatility in commodity markets poses a distinct risk to farmers in developing countries who rely on cash crop agriculture. We combine a time series of international coffee prices with a long-running panel on coffee-growing households in Vietnam to investigate coping mechanisms employed by farmers in a transitioning economy. We find that households cope with lower coffee prices by increasing wage labor of adults, with children and adolescents substituting for adults on the farm. Heterogeneity analysis indicates a stronger substitution pattern among women, ethnic minorities, and households with fewer assets. A variety of robustness checks corroborate these findings. Account of this finding should be taken in formulating and implementing social protection and inclusive growth policies.
KW - Faculty of Social Sciences
KW - Microeconomic Analyses of Economic Development
KW - Time Allocation and Labor Supply
KW - Commodity Markets
U2 - 10.1093/ajae/aay082
DO - 10.1093/ajae/aay082
M3 - Journal article
VL - 101
SP - 436
EP - 454
JO - American Journal of Agricultural Economics
JF - American Journal of Agricultural Economics
SN - 0002-9092
IS - 2
ER -
ID: 213672199