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John R. Commons and the Evolution of Institutions: The Case of the Malian Cotton Sector

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  • Theriault, Veronique
  • Sterns, James A.

Abstract

Applying John R. Commons institutional economic framework, this paper analyzes the evolution of the key institutions in the Malian cotton sector starting with the CFDT contract following the country‘s Independence in 1960; the nationalization of the cotton gin company, CMDT, in 1974; the completion of a vertically integrated market structure from the mid-1980s to mid-1990s; and, finally, to the current state of the market-oriented reforms in 2010. In accordance with John R. Commons’ economic theory, institutional changes in the Malian cotton sector have led to both intended and unintended consequences impacting economic performance at the farm, gin, and State levels, which in turn, has contributed to the emergence of new limiting factors. At present, the limiting factors to desired economic performance in the Malian cotton sector are: the lack of adequate extension services, high rates of indebtedness at both farmer and cooperative levels, difficulty in farming in an integrated system due to the limited access to cereal inputs on credit, low yields, delays in payment, and discordance between farmers and their union‘s leaders. Based on these findings, policy recommendations to revitalize the Malian cotton sector are drawn.

Suggested Citation

  • Theriault, Veronique & Sterns, James A., 2012. "John R. Commons and the Evolution of Institutions: The Case of the Malian Cotton Sector," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124460, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea12:124460
    DOI: 10.22004/ag.econ.124460
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    References listed on IDEAS

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    Cited by:

    1. Tschirley, David L. & Theriault, Veronique, 2013. "On the Institutional Details that Mediate the Impact of Cash Crops on Food Crop Intensification: The Case of Cotton," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151263, Agricultural and Applied Economics Association.
    2. Smale, Melinda & Theriault,Véronique & Haider, Hamza, 2017. "Intrahousehold Efficiency Of Fertilizer Use On Dryland Cereals In Mali," Feed the Future Innovation Lab for Food Security Policy Research Papers 261672, Michigan State University, Department of Agricultural, Food, and Resource Economics, Feed the Future Innovation Lab for Food Security (FSP).
    3. Ollenburger, Mary H. & Descheemaeker, Katrien & Crane, Todd A. & Sanogo, Ousmane M. & Giller, Ken E., 2016. "Waking the Sleeping Giant: Agricultural intensification, extensification or stagnation in Mali's Guinea Savannah," Agricultural Systems, Elsevier, vol. 148(C), pages 58-70.
    4. Smale, Melinda & Kergna, Alpha O. & Theriault, Veronique & Assima, Amidou & Keita, Naman, 2016. "Gender, generation and cereal crop intensification in Mali," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235544, Agricultural and Applied Economics Association.
    5. Theriault, Veronique & Tschirley, David L., 2014. "How Institutions Mediate the Impact of Cash Cropping on Food Crop Intensification: An Application to Cotton in Sub-Saharan Africa," World Development, Elsevier, vol. 64(C), pages 298-310.
    6. Theriault, Veronique & Smale, Melinda, 2021. "The unintended consequences of the fertilizer subsidy program on crop species diversity in Mali," Food Policy, Elsevier, vol. 102(C).

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    Institutional and Behavioral Economics; International Development;

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