The simple fact that environmental resources are endowments is found to have profound effects on their patterns of allocation with changes in income, population, and income inequality. For broad classes of theoretical models, and in Pareto efficient as well as decentralized economies,...

Using data on academic economists in the years 1973, 1977, 1982, and 1987, the authors investigate gender differences in placement and their consequences for departmental productivity. The initial analysis shows that in the years studied, the departments that were highest-ranked on a measure of...

Using data on academic economists in the years 1973, 1977, 1982, and 1987, the authors investigate gender differences in placement and their consequences for departmental productivity. The initial analysis shows that in the years studied, the departments that were highest-ranked on a measure of...

Recent literature has investigated whether the welfare gains from environmental taxation are larger or smaller in a second-best setting than in a first-best setting. This question has mainly been addressed indirectly, by asking whether the second-best optimal environmental tax is higher or lower...

The last two decades have witnessed a decline in Africa's agricultural exports and a sharp rise in the region's food imports. With over 70 percent of Africa's people dependent on agriculture for their livelihood, getting agriculture moving in Africa is one of the most important formidable...