We present an overview of the literature on agri-food value chains in low- and middle-income countries. Starting from farmers’ decision of whether to move away from subsistence agriculture to participate in agri-food value chains, we study the process whereby agricultural commodities make their way from the farm gate to the final consumer, documenting the procurement relationships that arise and the organization of markets at every step of the way. In each step, we take stock of the empirical evidence, critically assess the research so far, and offer a number of directions for future research. We further discuss the challenges and opportunities for global agri-food value chains.
|Original language||English (US)|
|Title of host publication||Handbook of Agricultural Economics|
|State||Accepted/In press - 2022|
|Name||Handbook of Agricultural Economics|
Bibliographical noteFunding Information:
We thank Chris Barrett and David Just for inviting us to write this chapter. We also thank Saweda Liverpool-Tasie, Eva-Marie Meemken, Hope Michelson, Tom Reardon, the participants of the 2021 AAEA Handbook of Agricultural Economics Workshop, and two anonymous reviewers for useful comments and suggestions. M.F.B. is grateful to the National Institute for Food and Agriculture for funding this work through grant MIN-14-061 “The effects of smallholder participation in agri-food value chains.” The findings and conclusions in this chapter are ours and should not be construed to represent any official US Department of Agriculture or US Government determination or policy. This research was supported in part by the US Department of Agriculture, Economic Research Service. All errors are our own.
© 2022 Elsevier B.V.
- Agri-food value chains
- International trade
- Rural Households
- Value chains