Many studies have examined the impact of export stability (EI) on economic growth in less developed countries (LDCs). This article shows that for LDCs in sub-Saharan Africa, EI may be less important than fluctuations in capital formation, or capital instability (CI), in affecting economic...

The authors applied household production theory to the Ghana Household Budget Survey data to identify the main determinants of food poverty (defined as inadequate calorie consumption), and to determine the net contribution of children to household food availability. The Budget Survey was carried...

This article constructs a model of technological choice in an economy where market exchanges in land and labour are prohibited. Empirical data on demand for tractors, tractor usage and chemical fertilisers in China are employed to test several hypotheses derived from the theoretical model. The...

Die ökonometrische Analyse des Arbeitsangebotsverhaltens von landwirtschaftlichen Arbeitskräften in Entwicklungsländern zeigt, daß die wirtschaftliche Lage der Arbeiter, abhängig von ihrer Verfügung über kultivierbares Land und anderes Vermögen sowie vom Entwicklungsniveau ihrer...

When the economy is shocked by devaluation, prices do not rise proportionately. Output increases and the distribution of income can actually improve. These results support Sandinista policy of raising wages along with devaluation, a policy widely criticised as counterproductive