ASSET OWNERSHIP AND WORKING CAPITAL CONSTRAINTS IN A POST-REFORM ENVIRONMENT: IMPLICATIONS FOR SECOND GENERATION REFORMS IN ZAMBIA

Using a 5,000 household panel from Zambia, we find that asset ownership, but not access to fertilizer, has an extremely important impact on output and that investment in oxen would yield returns above the market rate. Policies should thus focus on asset ownership more than on short term working capital.


Issue Date:
1998
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/20994
PURL Identifier:
http://purl.umn.edu/20994
Total Pages:
14
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2018-01-22

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