We investigate the factors that, in addition to preferences, aect the extent to which richer households pay more for a given durable good with respect to their expenditures on nondurables, dened as the quality slope. We show theoretically and conrm empirically that the quality slope decreases in...

Abstract: We determine the incentives for compatibility provision of firms that produce network goods with different intrinsic qualities. We consider the case in which both firms have the power to veto compatibility and the case in which none has this power. We obtain that if consumers have a...

I develop a novel view of comparative advantage that collectively explains (i) the effect of distance and GDP per capita on the price composition of trade, and (ii) the systematically higher trade-to-GDP ratio of rich countries. There are two types of goods, which offer different scopes for...

More than 65 percent of the geographical area in India comprise the hard rock areas where the recharge of groundwater is meagre (5 to 10% of the rainfall), while the extraction for irrigation has exceeded the recharge in several areas, leading to secular overdraft. Neither the farmers nor the...

The study uses a partial equilibrium model to determine the benefits that would accrue to smallholder dairy producers and consumers from improved efficiency of Tanzania’s informal dairy value chain. Two sources of technical efficiency are analyzed, namely, cost efficiency and scale efficiency....

Food fortification presents practical and cost-effective alternative to the fight against micronutrient malnutrition. Vitamin A deficiency and lack of iron bears the greatest economic importance in Kenya. Consequently, the National Food Security and Nutrition Policy in Kenya focus on pilot...