Resource title

Farmers' subjective valuation of subsistence crops : the case of traditional maize in Mexico

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Resource description

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.

Resource author

Aslıhan Arslan, J. Edward Taylor

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24854

Resource license

Adapt according to the presented license agreement and reference the original author.