Analysis of the determinant factors of Warrantage practice among maize producers in Northern Benin

  • Koffi Eloge AGOSSADOU University of Parakou, Benin
  • Jacob Afouda YABI University of Parakou, Benin
Keywords: Determinants, warrantage, farm, maize, N'dali and Kalalé.

Abstract

Among the constraints faced by producers, access to credit and lack of product valorization in the market are of major importance. Therefore, most producers sell their products at low prices just after harvest, subjecting themselves to highly uncertain incomes. The objective of this article was to analyze the factors influencing the practice of warrantage among maize producers in the N'dali and Kalalé municipalities. After collecting quantitative and qualitative data from 75 members and 75 non-members of this practice and maize producers, descriptive statistics as well as the logit model were conducted. The results first showed that warrantage involves three main actors. Secondly, the producer's income outside of maize, the presence of a warehouse in the producer's vicinity, the type of farm, and household size all had a significant effect on the probability of practicing warrantage. Farmers with higher incomes and access to nearby warehouses are more likely to practice warrantage. Farmers belonging to medium-sized farms are also more likely to practice warrantage than those belonging to small farms. However, an increase in household size has a negative effect on the probability of practicing warrantage.

 

Keywords: Determinants, warrantage, farm, maize, N'dali and Kalalé.

Classification JEL : D14; C12; G21; Q14

Paper type: Empirical Research

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Author Biographies

Koffi Eloge AGOSSADOU, University of Parakou, Benin

Laboratoire d'Analyse et de Recherches sur les Dynamiques Économiques et Sociales (LARDES),

Ecole Doctorale des Sciences Agronomiques et de l’Eau (EDSAE),

Jacob Afouda YABI, University of Parakou, Benin

Laboratoire d'Analyse et de Recherches sur les Dynamiques Économiques et Sociales (LARDES),

Ecole Doctorale des Sciences Agronomiques et de l’Eau (EDSAE),

Published
2023-08-31
How to Cite
AGOSSADOU, K. E., & YABI, J. A. (2023). Analysis of the determinant factors of Warrantage practice among maize producers in Northern Benin. International Journal of Accounting, Finance, Auditing, Management and Economics, 4(4-2), 697-712. https://doi.org/10.5281/zenodo.8306384

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