Adverse Selection In Developing Country Factor Markets: The Case Of Fertili...

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英文文献：Adverse Selection In Developing Country Factor Markets: The Case Of Fertilizers In Cambodia-发展中国家要素市场的逆向选择:柬埔寨肥料的情况
英文文献作者：Schamel, Guenter,Hongen, Friederike
英文文献摘要：
We analyze the presence and potential impact of low quality fertilizers, inadequate access to credit and market information on fertilizer market participation and application rates. We explain in theory and show empirically that farmers chose to abstain from the fertilizer market altogether or decrease their application rates below recommended levels because bad quality deters all buyers not willing to pay the market price for the average quality fertilizer available.

我们分析了低质量肥料、信贷渠道不足、肥料市场参与和施用率方面的市场信息的存在和潜在影响。我们从理论和实证上解释了农民选择完全放弃肥料市场或将施肥量降低到推荐水平以下的原因，因为劣质的肥料使所有的买家都不愿意为可获得的平均优质肥料支付市场价格。

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