This research examines the effect of risk and time preferences on forest management responses to forest tenure land reforms in Fujian, China that began in 2002. The different extent of the reform and its different timing across regions provide a natural experiment to test how time and risk...

Self management of natural resources has started to gain increasing attention as an alternative tool to command-and-control and market-based tools, but the fundamental question remains: is self management economically beneficial such that it should be promoted in the first place? This article...

This research determines significant characteristics that can be used to identify developing countries which are likely to receive foreign direct investment into their food retailing industry. It also tests the likelihood that a real option value exists for the investment and that there is a...

Replaced with revised version of paper 07/16/04.

We develop a model of sorting and matching between borrowers and lenders across formal and informal credit markets in a developing country context. We highlight the role of risk both on credit access and sectoral choice. We examine how activity and sectoral choice vary across agents with...

This paper examines growth in the U.S. agricultural sector under the conditions hypothesized by endogenous growth theory. Public capital and R&D are explicitly considered to capture the effects of public inputs in a model based on dynamic duality theory. Results support some necessary conditions...

We measure impacts of agricultural intensification on environmental outcomes in the Philippines. We develop models of labor demand outside a forest zone and labor allocation and asset accumulation inside a forest zone to study household response to technical change. Using household data from...

This study compares the economic well-being of farm and nonfarm households using data from the 2004 Agricultural Resource Management Survey and the 2004 Survey of Consumer Finances. Comparisons are made in terms of income and wealth using Tukey-Kramer mean separation tests, regression analysis,...

Critics argue that high external input technologies are too costly for African farmers, and that pilot programs to promote them are economically unsustainable. This paper assesses Sasakawa-Global 2000 programs in Ethiopia and Mozambique; budgets, yield models and subsector analysis help explain...

The role of foreign direct investment as a complement or substitute to foreign trade continues to be debated in regard to the food processing industry. This study extends earlier work to demonstrate that FDI and trade depend on the stage and the similarities of the economic development of the...