Explaining Marketing Strategies among Bolivian Potato Farmers

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dc.contributor.authorLarochelle, Catherineen
dc.contributor.authorAlwang, Jeffrey R.en
dc.contributor.departmentAgricultural and Applied Economicsen
dc.coverage.countryBoliviaen
dc.date.accessioned2018-12-14T15:20:00Zen
dc.date.available2018-12-14T15:20:00Zen
dc.date.issued2015-09-15en
dc.date.updated2018-12-14T15:19:59Zen
dc.description.abstractImproving market access and promoting participation in more lucrative markets among semi-subsistence farming households is crucial for poverty alleviation. This paper analyzes joint decisions about market participation and market choices among Bolivian potato farmers. First, stochastic dominance analysis is used to identify market choices that have high pay-off and limited risk; these are referred to as optimal marketing strategies. Second, a system of equations is estimated to identify factors contributing or restricting market entry, volume sold, and adoption of optimal marketing strategies. Proportional and fixed transaction costs reduce income-generating opportunities associated with markets for all three dimensions considered in this study. Our analysis also suggests the possible existence of poverty traps since fetching higher price requires liquidity and high volume, while land and farm equipment are needed to achieve necessary volumes of production.en
dc.description.versionPublished versionen
dc.format.extentPages 285-308en
dc.format.mimetypeapplication/pdfen
dc.identifier.issue3en
dc.identifier.orcidLarochelle, Catherine [0000-0001-7655-7380]en
dc.identifier.orcidAlwang, Jeffrey [0000-0002-2950-8516]en
dc.identifier.urihttp://hdl.handle.net/10919/86394en
dc.identifier.volume54en
dc.language.isoenen
dc.relation.urihttp://ageconsearch.umn.edu/bitstream/225954/2/4_Larochelle.pdfen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectInternational activityen
dc.subjectAgriculture Profitability and Sustainabilityen
dc.titleExplaining Marketing Strategies among Bolivian Potato Farmersen
dc.title.serialQuarterly Journal of International Agricultureen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.otherArticleen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciencesen
pubs.organisational-group/Virginia Techen
pubs.organisational-group/Virginia Tech/All T&R Facultyen
pubs.organisational-group/Virginia Tech/Agriculture & Life Sciences/Agricultural & Applied Economicsen
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