In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies fundamental relation­ships relevant to institutional choices. However, the Buchanan-Tullock model remains "general," thus inviting others to specify details and to develop...

Using two alternative measures of expected inflation, this study investigates the impact of federal budget deficits on nominal long-term interest rate yields for the 1973.2-1995.4 period. Based on an open­ economy loanable funds framework, four instrumental variable esti­mates in first...

During the mid-1990s, the Government of India and the World Bank began exploring new approaches to extension that would address these system problems and constraints. The result was a new, decentralized extension approach, which would focus more directly on agricultural diversification and...

The measures of poverty involves a) the specification of the threshold income level below which a person is considered poor (the poverty line) and b) construction of an index to measure the intensity and severity of poverty suffered by those whose income is below the poverty line. Sen(1976) has...

As part of the National Agricultural Innovation Project (NAIP), a makhana value chain study was organized in Bihar, in collaboration between the Indian Council of Agricultural Research (ICAR) in Patna, the International Fund for Agricultural Development (IFAD) and the International Food Policy...

Presently, Indian agricultural extension has wide mandates and despite the pluralistic extension approaches, its coverage and use of services is limited; particularly in rain-fed regions that are represented by marginal and smallholder farmers’. Hence, there is need to develop “need-based”...

Potato is the fourth major food crop after rice, wheat and maize in Bihar. It occupies less than 5% of net sown area with production only 4th after rice, wheat and maize. Potato a short duration crop has special significance since it gives exceptionally high yields/unit area/unit time and has...

The study is based on data collected under the project entitled “Tracking change in rural poverty in household and village economies in Eastern India”. Data were collected from sample households through panel interview method in four villages namely; Arap, Baghakole, Inai and Susari. The...

What would the true government expenditure and tax burden im­pacts of California's Proposition 4 likely be if it (or its equivalent) were enacted in all 50 states? What happened to actual state plus local government expenditures per capita over the period 1970-1976 is examined. Next, we examine...

During the mid-1990s, the Government of India and the World Bank began exploring new approaches to extension that would address these system problems and constraints. The result was a new, decentralized extension approach, which would focus more directly on agricultural diversification and...