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Do Cows Have Negative Returns? The Evidence Revisited

Gehrke, Esther - 2014

as an instrument for investment in cattle. We find average returns in the order of -2% at the mean, but they vary across …

Persistent link: https://www.econbiz.de/10013045833

Rainfall Risk and Fertility : Evidence from Farm Settlements During the American Demographic Transition

Grimm, Michael - 2016

Fertility is a main driver and outcome of long-term growth. Yet, fertility may not only interact with the level of income but also with its volatility. In pre-modern economies where formal social security was largely absent, fertility decisions may also have been made in view of insuring income...

Persistent link: https://www.econbiz.de/10012979443

Entrepreneurship and the Reallocation of African Farmers

Naudé, Wim - 2015

African agriculture's importance for sustainable development is well appreciated. Indeed, recent years have seen a … physical resources across occupations and space, and without which agriculture and industrial development, and hence structural … agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to …

Persistent link: https://www.econbiz.de/10013011139

Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations

Ashraf, Quamrul H. - 2012

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...

Persistent link: https://www.econbiz.de/10013110861

Time Delay and Investment Decisions : Evidence from an Experiment in Tanzania

Nikolov, Plamen - 2019

study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk … outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment … amount between a risky asset and a safe asset. Subjects were informed that the investment plans they made in the Decision …

Persistent link: https://www.econbiz.de/10012862462

A Comparison of Panel Data Models in Estimating Technical Efficiency

Rashidghalam, Masoomeh - 2016

The purpose of this paper is two-fold. First, it compares the performance of various panel data models in estimating technical efficiency in production. Second, it applies various stochastic frontier panel data models to estimate the technical efficiency of Iran's cotton production and to...

Persistent link: https://www.econbiz.de/10012996535

Rural Households in a Changing Climate

Baez, Javier E. - 2012

This paper argues that climate change poses two distinct, if related, sets of challenges for poor rural households: challenges related to the increasing frequency and severity of weather shocks and challenges related to long-term shifts in temperature, rainfall patterns, water availability, and...

Persistent link: https://www.econbiz.de/10013099689

Smallholders, Market Failures, and Agricultural Production : Evidence from India

Merfeld, Joshua D. - 2020

Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...

Persistent link: https://www.econbiz.de/10012823301

The Demand for Gratitude as a Restraint on the Use of Child Labor : A Hypothesis

Stark, Oded; Budziński, Wiktor - 2022

We study a parent's demand for gratitude from his child. We view this demand as an intervening variable between the parent's earnings and the incidence of child labor. The demand for gratitude arises from the desire of a parent to receive care and support from his child late in life, while the...

Persistent link: https://www.econbiz.de/10014083886

Recall Bias Revisited : Measure Farm Labor Using Mixed-Mode Surveys and Multiple Imputation

Dang, Hai-Anh; Carletto, Calogero - 2022

Smallholder farming dominates agriculture in poorer countries. Yet, traditional recall-based surveys on smallholder …

Persistent link: https://www.econbiz.de/10014083928