Using Stochastic Frontier Analysis (SFA), this paper centered on analysing the impact of Crop Diversification (CD) on farm level technical efficiency in Afghanistan. Data from a household level survey conducted in 2013-2004 by the Central Statistic Organization (CSO) is used in the analysis. The...

The purpose of this study was to determine whether or not livelihood diversification strategies are significant predictors of rural households’ farmland management practices. To this end, the two-limit Tobit econometric model was employed to analyse the nexus between livelihood diversification...

This paper is aimed at identifying complementary sources of income for cocoa farm households in the Central West of Côte d’Ivoire. Our methodology con- sists of four successive stages: (i) a need assessment of cocoa households and specificities of the study area through a participatory...

We argue a holdout is not a destructive investor behaviour but a rational investment decision. This investment decision is characterised by the mean-variance approach. We investigate intercreditor conflict by diverse portfolio structure. We demonstrate that at some point during the Greek (2012)...

In this work we analyze the relationship between the patterns of firm diversification, if any, across product lines and across bodies of innovative knowledge, proxied by the patent classes where the firm is present. Putting it more emphatically we investigate the relationship between "what a...

Diversification of household activities away from agriculture is a key characteristic of economic development. We examine the extent of diversification among Vietnamese households, from agriculture into waged employment and entrepreneurship and whether this diversification is welfare enhancing....

As more and more media merged by the conglomerates in the digital convergence age, the news department contributes just the small portion of revenues and needs the subsidy from other diversification. The institutional conflict of interests may arise among media and other businesses. This study...

This paper applies the mean-variance portfolio optimization (PO) approach and the stochastic dominance (SD) test to examine preferences for international diversification versus domestic diversification from American investors’ viewpoints. Our PO results imply that the domestic diversification...

Deutsche Unternehmen des Maschinen- und Anlagenbaus und verwandter Branchen wie der Automobil- und Elektroindustrie nehmen im globalen Wettbewerb eine Spitzenposition ein. Im Zuge der Finanz- und Schuldenkrise fiel der Branchenumsatz im Jahr 2008 um 22,6 Prozent. In den beiden Folgejahren...

We explore asset holding diversification by Australian households, in particular, the household asset diversification participation decision (whether or not to diversify at all) is jointly estimated with the decision of how much to diversify. In so doing, recent literature on the modelling of...

The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...

We show using detailed firm-level Chinese data that, among small exporters, firms selling to a more diversified set of countries have more volatile exports, while the opposite holds among large exporters. This result, which stands in marked contrast to standard portfolio theory for small...