Showing 1 - 10 of 154
When asked to name one proposition in the social sciences that is both true and non-trivial, Paul Samuelson famously replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo's theory of comparative advantage is mathematically...
Persistent link: https://www.econbiz.de/10011227931
When food prices spike in countries with large numbers of poor people, hunger and malnutrition are very likely to … often take the form of direct interventions in the market to stabilize food prices, which goes against most international … advice to rely on safety nets and world trade. Despite the limitations of food price stabilization policies, they are …
Persistent link: https://www.econbiz.de/10010969308
We partnered with a micro‐lender in Mali to randomize credit offers at the village level. Then, in no- loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...
Persistent link: https://www.econbiz.de/10010969288
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10010969291
The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in...
Persistent link: https://www.econbiz.de/10011083318
We partnered with a micro-lender in Mali to randomize credit offers at the village level. Then, in no-loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...
Persistent link: https://www.econbiz.de/10011083397
This paper provides estimates of the economic impact of initial adoption of genetically modified (GM) cotton and of its potential impacts beyond the few countries where it is currently common. Use is made of the latest version of the GTAP database and model. Our results suggest that by following...
Persistent link: https://www.econbiz.de/10005666568
Four West African nations have demanded the WTO’s Doha Development Agenda include a Cotton Initiative that involves two issues: cutting cotton subsidies and tariffs, and assisting farm productivity growth in Africa. This paper provides estimates of the potential economic impacts of (a)...
Persistent link: https://www.econbiz.de/10005661957
increased fertilizer use has driven much of the productivity growth rather than the adoption of improvements in seeds and … fertilizer amounts and the marginal returns to fertilizer use. The results demonstrate the key changes behind this silent maize … fertilizer. …
Persistent link: https://www.econbiz.de/10009652803
Land-use changes involve important economic and environmental effects with implications for international trade, global climate change, wildlife, and other policy issues. We use an econometric model to identify factors driving land-use change in the United States between 1982 and 1997. We...
Persistent link: https://www.econbiz.de/10005084904