Please note: Marc has left the "Economics" group at Duke University; some info here might not be up to date.
There are three main axes to my research, all pertaining to developing countries. The first has to do with the use of contracts in developing countries. More specifically, I am interested in testing the implications of contract theory using microeconomic data. As such, I have worked and am working on sharecropping contracts and on the use of monitoring as a means to reduce information asymmetries in contract farming in Madagascar. The second has to do with the market participation of households. Agricultural households are both consumption and production units. They can thus be net buyers of given commodities, autarkic with respect to them, or net sellers of them. More specifically, I am interested in what determines the nature and extent of household market participation. As such, I have worked on livestock markets in Eastern Africa and am working on The third has to do with price risk aversion and the welfare effects of price fluctuations on agricultural households and firms in developing countries. Economic theory states that certain agents will be price risk-averse while others will remain price risk-neutral, and others still will be price risk-loving. As such, I am working on a whole new research agenda pertaining to price risk aversion along with co-authors Chris Barrett and David Just.
| Office Location: | 221 Sanford Institute of Public Policy |
| Office Phone: | (919) 613-7405 |
| Email Address: | |
| Web Page: | http://fds.duke.edu/db/aas/PublicPolicy/faculty/marc.bellemare |
| Ph.D. (Applied Economics) | Cornell University | 2006 |
| M.Sc. (Economics) | Universite de Montreal | 2001 |
| B.Sc. | Universite de Montreal | 1999 |