Showing 1 - 10 of 176
This Paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005124380
separator and the cooperative creamery. It asks whether variables identified as important for innovation and growth by cross …
Persistent link: https://www.econbiz.de/10005661832
This paper looks for firm-level evidence that high rates of protection breed concentration of firm activities into highly protected sectors, endogenously generating vested interests in the maintenance of protection. We combine data on the EU’s trade protection for food and agricultural...
Persistent link: https://www.econbiz.de/10004972169
leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …
Persistent link: https://www.econbiz.de/10011083318
We partnered with a micro-lender in Mali to randomize credit offers at the village level. Then, in no-loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...
Persistent link: https://www.econbiz.de/10011083397
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011083828
U.S. retail food price increases in recent years may seem large in nominal terms, but after adjusting for inflation have been quite modest even after the change in U.S. biofuel policies in 2006. In contrast, increases in the real prices of corn, soybeans, wheat and rice received by U.S. farmers...
Persistent link: https://www.econbiz.de/10011084483
We exploit regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our results show that the introduction of the...
Persistent link: https://www.econbiz.de/10005039579
losses from distortionary policy in agriculture. We show that the puzzle can be resolved by extending the model to allow …
Persistent link: https://www.econbiz.de/10005661492
results not just from equilibrium in the "political market-place", but also from the process by which decisions on agriculture …
Persistent link: https://www.econbiz.de/10005791294