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Title:Farmers' subjective valuation of subsistence crops : the case of traditional maize in Mexico PDF Logo
Authors:Arslan, Aslıhan
Taylor, J. Edward
Issue Date:2008
Series/Report no.:Kiel working paper 1457
Abstract:Shadow prices guide farmers' resource allocations, but for subsistence farmers growing traditional crops, shadow prices may bear little relationship with market prices. We econometrically estimate shadow prices of maize using data from a nationally representative survey of rural households in Mexico. Shadow prices are significantly higher than the market price for traditional but not improved maize varieties. They are particularly high in the indigenous areas of southern and southeastern Mexico, indicating large de facto incentives to maintain traditional maize there.
Subjects:Shadow prices
non-market values
supply response
traditional crops
onfarm conservation
Mexico
JEL:O12
O13
Q12
Q39
Document Type:Working Paper
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

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