Rural Market Imperfections and the Farm Size-Productivity Relationship: Evidence from Pakistan

World Development, Vol. 26, No. 10, October 1998

Posted: 26 Dec 1998

See all articles by Rasmus Heltberg

Rasmus Heltberg

University of Copenhagen - Department of Economics

Abstract

This article analyzes the relationships between farm size and productivity and between farm size and profitability. A framework is set out to explain the inverse farm size--productivity relationship based on imperfections in the markets for labor, land, credit and risk. Hypotheses are derived and tested on a recent farm-level panel data from Pakistan. A strong inverse relationship between farm size and yield is found. This holds even when household fixed effects are used to account for unobserved heterogeneity, a novel feature of the paper. The market imperfections framework is consistent with the data.

Note: This is a description of the paper and not the actual abstract.

JEL Classification: O13, O17, Q12, Q15, D23

Suggested Citation

Heltberg, Rasmus, Rural Market Imperfections and the Farm Size-Productivity Relationship: Evidence from Pakistan. World Development, Vol. 26, No. 10, October 1998, Available at SSRN: https://ssrn.com/abstract=137979

Rasmus Heltberg (Contact Author)

University of Copenhagen - Department of Economics ( email )

Ă˜ster Farimagsgade 5
Bygning 26
1353 Copenhagen K.
Denmark

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,129
PlumX Metrics