Devolution of power to the grassroot organisations has increasingly been supported in recent years within the context of participatory development. The role of interpersonal communication to actualise such development has also become an area of fresh enquiry. To explore the pattern of...

Adoption research for many years has considered individual farmer as the basis of analysis, whereas the effect of networks governing a farmer’s decision-making has received limited attention. Moreover, the spread of technology over different generation of adopters has not been addressed...

The article describes the experimentation of Change Initiatives, an Indian NGO of sub-regional scope, with the application of ICT in agricultural information management under the EU sponsored TeleSupport Project at Nadia district of West Bengal, India. During the project period an innovative...

Micro-farming situation is a relatively homogeneous farming situation conceptualised by the farmers themselves on the basis of certain agro-ecological and socio-economic criteria. These criteria are more holistic in its coverage than those used during identifying conventional recommendation...

As a profession, Extension has been prompted to embrace a broadened mandate that goes beyond transferring technologies and triggering agricultural development. International organisations have started to shift from ‘agricultural’ to ‘rural’ focus in their programmes and it is inevitable...

An incomplete manuscript on Statistics for economists.

Credit constraints that link a private agent's debt to market-determined prices embody a systemic credit externality that drives a wedge between competitive and (constrained) socially optimal equilibria, which induces private agents to ``overborrow". We quantify the effects of this externality...

The credit crisis roiling the world's financial markets will likely take years and entire careers to fully understand and analyze. A short empirical investigation of the current trends, however, demonstrates that the losses in certain markets, in this case the US equity markets, follow a cascade...

The empirical saddlepoint likelihood (ESPL) estimator is introduced. The ESPL provides improvement over one-step GMM estimators by including additional terms to automatically reduce higher order bias. The first order sampling properties are shown to be equivalent to efficient two-step GMM. New...

The paper focuses on the comparison of the direct and iterated AR predictors when Xt is a difference stationary process. In particular, it provides some useful results for comparing the efficiency of the two predictors and for extracting the trend from macroeconomic time series using the two...