From the study "Family Farming in the Economy: Brazil and Rio Grande do Sul" published in 2005 by NEAD - Nucleus of Agrarian Studies and Rural Development Ministry of Agrarian Development, the perception of the importance of family agriculture in the economy has gained special dimension, which...

Abstract: The objective of this paper is to show that universities can be engines for local development in Southern economies. Previous contributions to the literature on this subject have already shown the positive effects of regional sources of tacit knowledge on local development. Using data...

Effectiveness involves more than simple efficiency, which is limited to the production process assessment of peer operational units. Effectiveness incorporates both endogenous and exogenous variables. It is a fundamental driver for the success of an operational unit within a competitive...

This work deals with land reform in Brazil through an evolutionary and new institutional economics theoretical framework. Firstly, this theoretical underpinning delineates the existence of an intrinsic relation between asset equality and economic efficiency, going against the neoclassical...

In exhibition of many real market data we observe characteristic traps. This behavior is especially noticeable for processes corresponding to stock prices. Till now, such economic systems were analyzed in the following manner: before the further investigation trap-data were removed or omitted...

We study the impact of anticipated fiscal policy changes in the Ramsey economy when agents form expectations using adaptive learning. We extend the existing framework by distortionary taxes as well as elastic labour supply, which makes agents' decisions non-predetermined but more realistic. We...

After highlighting different views of Islamic scholars on option derivatives, the paper explores a potential role for option derivatives as useful risk management tool in commodity markets, while attuned to Islamic Shariah principles. The author illustrated a model of commodity stock market to...

This paper analyzes the relation between economic performance and CO2 emissions in Brazil, in the year 2004. The contribution of the productive sectors to total emission is established, taking into account the technological structure of the economy, the interrelations among sectors, the sectoral...

Human capital is generally considered as a positive contributor in the economic growth. In this study, we estimate this relationship using time series data of Pakistan for the period 1978 to 2007. A health adjusted education indicator for human capital is used in the standard Cobb-Douglas...

This paper deals with the question of the trade-offs between bio-fuels, fossil-fuels, and food. To do so an analysis is conducted taking into consideration the differences in relative prices and in the productive structure among the countries. The results shows that in general food puts a...