The present paper explores why farmers are taxed in poor countries and subsidized in rich countries. Using the economic theory of contests to come to an understanding of the incentives for agricultural protectionism, we first sketch a framework for an excludable and rivalrous rent. We then apply...

This paper introduces a dynamic model of productivity measurement based on recent endogenous growth theories. The model presented in this study is based on dynamic duality theory and incorporate public goods (public capital and R&D) as external factors to the firms. It also rationalizes the...

A nonstochastic Malmquist Index and a stochastic frontier production function are estimated to examine agricultural productivity growth in Chinese provinces during the 1990’s. Results for both methods indicate high productivity growth in the mid 1990’s with a declining trend thereafter....

The study compares manufacturer prices in Australia and seven other countries for 150 pharmaceuticals listed on the Pharmaceutical Benefits Scheme (PBS), as at 30 June 2000. The comprehensive study found that prices in the USA are between 80 to 160 per cent higher than in Australia, and prices...

Die Studie „Wertschaffendes Umweltmanagement“ betrachtet den Zusammenhang zwischen Umweltaspekten und Unternehmenswert. Hierbei bezieht sie erstmals zwei unterschiedliche, sich ergänzende Bewertungsverfahren ein: Sie nimmt erstens das Konzept des Environmental Shareholder Value auf und...

IT SEEMS APPROPRIATE TO ASK WHAT IS SPECIAL ABOUT INFORMATION AND INFORMATION TECHNOLOGY BEFORE ONE SETS OUT TO ANSWER THE QUESTION OF HOW INVESTMENTS IN INFORMATION INFRASTRUCTURE SHOULD BE VALUED AND REGULATED.THIS PROJECT THEREFORE DISCUSSES THE THEORETICAL AND PRACTICAL CONCEPTS UNDERLYING...

Many states in India have initiated various measures to protect their forest resources. Maharashtra is no exception to this phenomenon. An attempt, therefore, has been made in this paper to examine the extent to which this state is successful in conserving and managing its forest resources. The...

„h States and Territories have agreed to apply competitive neutrality (CN) requirements to their commercial forestry activities. The implementation of CN varies between jurisdictions and encompasses some differences in approach. „h Several studies have pointed to underpricing of logs by...

Tipping is a phenomenon that illustrates the importance of social norms and psychological reasons in motivating economic behavior. People tip because this is the social norm and disobeying norms results in psychological disutility. Tipping is also economically important: in the United States...