Risk Aversion Through Nontraditional Export Promotion Programs in Central America

This paper discusses the growing importance of policies by Central American countries to promote nontraditional agricultural exports. It demonstrates that these programs are rational if countries are risk-averse utility maximizers. It describes the characteristics that crops must have for utility maximizers to benefit from nontraditional export promotion programs. It also shows that the recent nontraditional vegetable and fruit exports of Central America can meet these requirements.


Issue Date:
1990-12
Publication Type:
Report
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/278362
Language:
English
Total Pages:
25
Series Statement:
AGES 9074




 Record created 2018-10-17, last modified 2020-10-28

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