You are here

Working Paper 243 - Selling crops early to pay for school: A large-scale natural experiment in Malawi

20-Oct-2016

Crop prices in sub-Saharan Africa exhibit substantial seasonal fluctuations. The nominal prices of some crops increase by as much as 50–100% from their harvest-season trough to their lean-season peak (Burke, 2014; Kaminski, Christiaensen and Gilbert, 2014). These regular and largely predictable price changes o↵er farmers a profitable opportunity. Those who can a↵ord to delay selling crops until prices rise during the lean season enjoy returns that often exceed those available through savings groups or other financial mechanisms.

Related Sections