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Author: | Takane, T. |
Title: | Incentives embedded in institutions: the case of share contracts in Ghanaian cocoa production |
Journal: | Developing Economies
2000 : SEP, VOL. 38:3, p. 374-397 |
Index terms: | INCENTIVES INSTITUTIONS COCOA INDUSTRY |
Language: | eng |
Abstract: | Provision of price incentives to farmers is usually considered essential for agricultural development in Africa. An influential report of the World Bank, for example, states that 'insufficient price incentives for agricultural producers are an important factor behind the disappointing growth of African agriculture'. Similar emphasis on the importance of price incentives in explaining production outcomes can be seen in the literature on cocoa production in Ghana. |
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