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Household inventories and marketed surplus in semisubsistence agriculture

By: Material type: ArticleArticleLanguage: English Publication details: USA : Wiley, 1990.ISSN:
  • 0002-9092
  • 1467-8276 (Online)
Subject(s): Online resources: In: American Journal of Agricultural Economics v. 72, no. 3, p. 664-675624915Summary: A model of semisubsistence agriculture explicitly accounting for the ability of farm households to hold inventories of staple foods is developed. Comparative statics analysis highlights the potential importance of wealth effects attributable to price-induced changes in the value of household inventories. Empirical results for three groups of households in an Indian village confum that failure to account for household inventories leads to an overstatement of the responsiveness of both consumption demand and marketed surplus.
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Item type Current library Collection Call number Copy number Status Date due Barcode Item holds
Article CIMMYT Knowledge Center: John Woolston Library CIMMYT Staff Publications Collection Look under series title (Browse shelf(Opens below)) 1 Available 624915
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Peer review

Graphs, references p. 675

A model of semisubsistence agriculture explicitly accounting for the ability of farm households to hold inventories of staple foods is developed. Comparative statics analysis highlights the potential importance of wealth effects attributable to price-induced changes in the value of household inventories. Empirical results for three groups of households in an Indian village confum that failure to account for household inventories leads to an overstatement of the responsiveness of both consumption demand and marketed surplus.

Socioeconomics Program

Text in English

R100ECO|EP|MIC 9892-R|SEP archives

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