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Do Macroeconomic Shocks Impact the Economic Efficiency of Small Farmers? The Case of Wetland Rice Farmers in Indonesia
agricultural-and-resource-economicsagricultural-economicsagricultureindonesiaindustrial-organizationmacroeconomicsrice
This study examines the impact of macroeconomic shocks on the efficiency of small farmers. We estimate single- and multiple-factor efficiency measures for Indonesian rice farmers in years before, during, and after the country's macroeconomic crisis. We find that productive efficiency declined by
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