Using panel data from a survey conducted in 2006 and 2008 of 177 market-oriented farmers in central Chile, we investigate investment under imperfect capital markets. Specifically we determine the impact of formal credit constraints on fixed investment. By controlling for endogeneity problems, we...

Often analysts must conduct risk analysis based on a small number of observations. This paper describes and illustrates the use of a kernel density estimation procedure to smooth out irregularities in such a sparse data set for simulating univariate and multivariate probability distributions.

This paper reports on a Catchment Modelling Framework (CMF) designed to support an Australian pilot of an auction for multiple environmental outcomes EcoTender. The CMF is used to estimate multiple environmental outcomes including carbon, terrestrial biodiversity, aquatic function (water quality...

The NERICA (New Rice for Africa) rice varieties, developed by the Africa Rice Center during the 1990s, are providing hopes for raising the productivity of upland rice farmers in Africa because of their reported high yield potential and adaptability to the African conditions. The varieties are...

Cropping pattern in the Himalayan region of India has undergone a significant change in the recent past. Introduction of horticultural crops of vegetables, fruits and flowers have led to more intensive agriculture. Such a change, resulting in higher incomes and improvements of the overall living...

In arid countries worldwide, social conflicts between irrigation-based human development and the conservation of aquatic ecosystems are widespread and attract many public debates. This research focuses on the analysis of water and agricultural policies aimed to conserve groundwater resources and...

The present work provides evidence that non linear co-integration between Mexico and the US maize prices exists, at country and regional level. The models suggest that Mexican prices adjust at changes in US prices. Despite asymmetry was statistically rejected, it is likely that it might occur...

With the possible exception of nuclear technology, few scientific breakthroughs have generated the level of emotive debate that has surrounded the roll-out of agricultural biotechnology. Initial discussion about the environmental impacts of agricultural genetic modification, are now frequently...

We analyze the correlation between farm productivity and market participation using comparable household data from Tanzania, Vietnam and Guatemala. Each farm’s input use and output levels provide a within-sample measure of relative productivity, which we relate to that household’s level of...

While economies of scope of lending and mobilizing deposits in banking are justified theoretically (Diamond, 1984) and found empirically (see Saunders, 1999), in microfinance, the existence and the magnitudes of scope economies has not been investigated. We use a semi parametric smooth...