This paper analyzes the effect of taxation on the intertemporal allocation of an exhaustible resource. A general framework within which a large variety of taxes can be analyzed is developed and then applied to a number of specific taxes. It is shown that there exists a pattern of taxation which...

This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive...

Cross-national regressions reveal abnormally low agricultural workforce shares, given GNP, in developing countries that had historically concentrated land into large capital-intensive farms. We argue that such deagriculturalisation was premature, since its concomitant labour shedding has...

What patterns can be discerned in the distribution of farm sizes across countries and over time? How does the behavior of individual economic agents interact with the natural environment and general economic development to affect farm size? How has concerted human intervention, understood as...

Panel data on 788 modern sector Indian firms during 1965-78 are used to analyse the link between the size of a firm and its financial environment. Exogeneity tests reveal that large firms with improved investment prospects could obtain external finance at the margin, but that small firms could...

Household survey data for developing and transitional economies are used to estimate the effect of fertility (crude birth rate net of infant deaths) on private consumption poverty. Cross-national regressions indicate that higher fertility increases poverty both by retarding economic growth and...

What patterns can be discerned in the distribution of farm sizes across countries and over time? How does the behavior of individual economic agents interact with the natural environment and general economic development to affect farm size? How has concerted human intervention, understood as...