Balcombe, K. and Bezmer, C. and Davis, J. and Fraser, I. (2005) Livelihoods and Farm Efficiency in Rural Georgia. Applied Economics, 37 (15). pp. 1737-1745.
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This paper contributes to the literature on the role of on rural livelihood strategies in rural growth and poverty reduction. It distinguishes between livelihood diversity strategies that contribute to sustainable growth in household incomes, and those that mainly have a 'coping' function. It suggests that typically, the contribution of livelihood diversity to growing household income is through relaxing dependence on credit for access to capital. In this scenario, livelihood diversity would lead to higher technical efficiency in agriculture via investment and thereby to higher household incomes. Survey data from Georgia are introduced and used to test these hypotheses using a Bayesian stochastic frontier approach. The findings are relevant to defining more clearly the scope and aims of policies to stimulate the rural non-farm economy in developing and transition countries.
|Subjects:||H Social Sciences > HB Economic Theory|
|Divisions:||Faculties > Social Sciences > Kent Business School > Agri-Environment Economics|
|Depositing User:||Iain Fraser|
|Date Deposited:||30 Sep 2008 13:32|
|Last Modified:||14 Jan 2010 14:20|
|Resource URI:||http://kar.kent.ac.uk/id/eprint/5522 (The current URI for this page, for reference purposes)|
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