Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange

Research output: Contribution to journalJournal articlepeer-review

Standard

Nudging farmers in crop choice using price information : Evidence from Ethiopian Commodity Exchange. / Belay, Dagim Gashawtena; Tiruneh, Hailemariam Ayalew.

In: Agricultural Economics, Vol. 51, No. 5, 2020, p. 793– 807.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Belay, DG & Tiruneh, HA 2020, 'Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange', Agricultural Economics, vol. 51, no. 5, pp. 793– 807. https://doi.org/10.1111/agec.12592

APA

Belay, D. G., & Tiruneh, H. A. (2020). Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange. Agricultural Economics, 51(5), 793– 807. https://doi.org/10.1111/agec.12592

Vancouver

Belay DG, Tiruneh HA. Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange. Agricultural Economics. 2020;51(5):793– 807. https://doi.org/10.1111/agec.12592

Author

Belay, Dagim Gashawtena ; Tiruneh, Hailemariam Ayalew. / Nudging farmers in crop choice using price information : Evidence from Ethiopian Commodity Exchange. In: Agricultural Economics. 2020 ; Vol. 51, No. 5. pp. 793– 807.

Bibtex

@article{7c4dee1393734f1dbf0af8aae80cbc39,
title = "Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange",
abstract = "The lack of reference price information is often regarded as one of the most pervasive aspects of incomplete commodity markets in developing countries. Previous studies on the effects of price information emphasize the market participation and performance of rural households. This paper argues that access to reference price information influences farmers{\textquoteright} crop choice decisions, the most important decision in farming activity. The study exploits the variation in timing and spatial distance of the publicly run Ethiopian Commodity Exchange (ECX) price tickers as an indicator for variation in the intensity of access to reference price information among rural villages in Ethiopia. The paper finds that access to price information increases the average farm-gate prices for traded commodities and incentivizes farmers to allocate more land, fertilizer and improved seeds to commodities traded in the ECX. It also nudges farmers to produce more of the traded commodities, increasing the output share of ECX-traded commodities.",
author = "Belay, {Dagim Gashawtena} and Tiruneh, {Hailemariam Ayalew}",
year = "2020",
doi = "10.1111/agec.12592",
language = "English",
volume = "51",
pages = "793– 807",
journal = "Agricultural Economics",
issn = "0169-5150",
publisher = "Wiley-Blackwell",
number = "5",

}

RIS

TY - JOUR

T1 - Nudging farmers in crop choice using price information

T2 - Evidence from Ethiopian Commodity Exchange

AU - Belay, Dagim Gashawtena

AU - Tiruneh, Hailemariam Ayalew

PY - 2020

Y1 - 2020

N2 - The lack of reference price information is often regarded as one of the most pervasive aspects of incomplete commodity markets in developing countries. Previous studies on the effects of price information emphasize the market participation and performance of rural households. This paper argues that access to reference price information influences farmers’ crop choice decisions, the most important decision in farming activity. The study exploits the variation in timing and spatial distance of the publicly run Ethiopian Commodity Exchange (ECX) price tickers as an indicator for variation in the intensity of access to reference price information among rural villages in Ethiopia. The paper finds that access to price information increases the average farm-gate prices for traded commodities and incentivizes farmers to allocate more land, fertilizer and improved seeds to commodities traded in the ECX. It also nudges farmers to produce more of the traded commodities, increasing the output share of ECX-traded commodities.

AB - The lack of reference price information is often regarded as one of the most pervasive aspects of incomplete commodity markets in developing countries. Previous studies on the effects of price information emphasize the market participation and performance of rural households. This paper argues that access to reference price information influences farmers’ crop choice decisions, the most important decision in farming activity. The study exploits the variation in timing and spatial distance of the publicly run Ethiopian Commodity Exchange (ECX) price tickers as an indicator for variation in the intensity of access to reference price information among rural villages in Ethiopia. The paper finds that access to price information increases the average farm-gate prices for traded commodities and incentivizes farmers to allocate more land, fertilizer and improved seeds to commodities traded in the ECX. It also nudges farmers to produce more of the traded commodities, increasing the output share of ECX-traded commodities.

U2 - 10.1111/agec.12592

DO - 10.1111/agec.12592

M3 - Journal article

VL - 51

SP - 793

EP - 807

JO - Agricultural Economics

JF - Agricultural Economics

SN - 0169-5150

IS - 5

ER -

ID: 240210177