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Applying Efficiency Analysis to Small Farms in Low Income Countries: Some Theoretical and Empirical Considerations

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Type: Working Paper
Author: Pachico, Douglas
Date: 1980
Agency: New York State College of Agriculture and Life Sciences, Cornell University, Ithaca, NY
Series: Cornell International Agriculture Mimeograph, no. 84
URI: https://hdl.handle.net/10535/6472
Sector: Agriculture
Subject(s): agricultural development
Abstract: "The success of policies for raising agricultural productivity and improving the welfare in low income countries may often depend very substantially upon the quality of decision making by farmers. For example, both the rate of diffusion and the magnitude of the benefits derived from new agricultural technologies may be significantly related to farmer decision skills. The better farmers are able to evaluate the advantages and disadvantages of new techonologies and the sooner farmers learn to use new techonologies, the faster will be the spread of profitable new technologies. Likewise, as farmers become more highly skilled in managing new technologies, they will realize the full potential benefits of new techniques."

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