The effective labor possibility frontier (ELPF) is defined as the set of statically efficient allocations of labor imputs in the competing tasks of production and R&D. It summaries the labor scarcity constraint. We show that the dynamically efficient paths of R&D, resource extraction and...

In this paper we derive testable implications of a unitary farm household model and a non-unitary, i.e., bargaining, model. In the unitary household model the impact of spouse-specific resources and nonlabor income on household decisions should not be different from the model where the resources...

This study models and investigates the presence of precautionary wealth among farm households, something few studies have attempted. Using pooled farm-level data, we find that self-employed farm households accumulate more wealth. Precautionary savings is about 8% of total household wealth. In...

Using China’s Annual Survey of Industrial Production, we estimate the marginal revenue product of labor (MRPL) for all state-owned and above-scale non-state manufacturing firms for 2001–2004 and 2004–2007. We find that labor productivity varies systematically within industries by ownership...

Malawi is one of the poorest countries in Africa and has faced significant deforestation over the years. This paper seeks to examine the nature of the relationship between poverty and forests in Malawi. We try to answer three sets of questions: a) what is the extent of biomass available for...