Narrow search
Showing 1 - 10 of 119
Cover Image
Measuring the Integration of Staple Food Markets in Sub-Saharan Africa: Heterogeneous Infrastructure and Cross Border Trade in the East African Community
Ihle, Rico; Cramon-Taubadel, Stephan von; Zorya, Sergiy - CESifo - 2011
This analysis employs cointegration methods and semiparametric regression in order to assess the integration of maize markets and the factors determining national and cross-national transmission of price signals in Sub-Saharan Africa. We use a rich dataset of 16 series of wholesale maize prices...
Persistent link: https://www.econbiz.de/10008914284
Cover Image
The Pungent Smell of "Red Herrings": Subsoil Assets, Rents, Volatility and the Resource Curse
Ploeg, Frederick Van der; Poelhekke, Steven - CESifo - 2010
exports are no longer significant while the value of subsoil assets has a significant positive effect on growth. But the World … volatility channel, may lead one to erroneously conclude that there is no effect of resources on growth. …
Persistent link: https://www.econbiz.de/10008596595
Cover Image
The Volatility Curse: Revisiting the Paradox of Plenty
Ploeg, Frederick Van der; Poelhekke, Steven - CESifo - 2009
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling …. This effect is significant and robust over a wide range of specifications. We unravel the effects of volatility by opening … dependence, physical and institutional barriers to trade and associated policy shocks increase volatility sharply and harm growth …
Persistent link: https://www.econbiz.de/10005000394
Cover Image
Financing Public Capital through Land Rent Taxation: A Macroeconomic Henry George Theorem
Mattauch, Linus; Siegmeier, Jan; Edenhofer, Ottmar; … - CESifo - 2013
Financing productive public capital through distortionary taxes typically creates a trade-off: the optimal investment is determined as a compromise between efficiency-enhancing public investment and perturbing market efficiency, but is never socially optimal. In contrast, such a trade-off can...
Persistent link: https://www.econbiz.de/10010668468
Cover Image
Optimal Pest Control in Agriculture
Christiaans, Thomas; Eichner, Thomas; Pethig, Rüdiger - CESifo - 2005
Based on economic methodology we model an ecosystem with two species in predator-prey relationship: mice feed on grain and grain feeds on a resource. With optimizing behaviour of individual organisms a short-run ecosystem equilibrium is defined and characterized that depends on the farmer’s...
Persistent link: https://www.econbiz.de/10005094179
Cover Image
Hypergeorgism: When is Rent Taxation as a Remedy for Insufficient Capital Accumulation Socially Optimal?
Edenhofer, Ottmar; Mattauch, Linus; Siegmeier, Jan - CESifo - 2013
Imperfect altruism between generations may lead to insufficient capital accumulation. We study the welfare consequences of taxing the rent on a fixed production factor, such as land, in this setting. We prove that taxing the rent is welfare-enhancing as it increases capital investment. This...
Persistent link: https://www.econbiz.de/10010627570
Cover Image
Food for Fuel: The Effect of the U.S. Biofuel Mandate on Poverty in India
Chakravorty, Ujjayant; Hubert, Marie-Hélène; … - CESifo - 2012
. First, we use a model with endogenous land use to estimate the effect of the biofuel policy on the world price of selected … world prices are predicted to increase between 5% and 11%. Uncertainty in model parameters is incorporated using Monte Carlo … compute the negative consumption effects and positive wage impacts under perfect and imperfect pass-through from world to …
Persistent link: https://www.econbiz.de/10011123798
Cover Image
Using Degree Days to Value Farmland
Massetti, Emanuele; Mendelsohn, Robert; Chonabayashi, Shun - CESifo - 2014
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10011105369
Cover Image
The Long Run Impact of Biofuels on Food Prices
Chakravorty, Ujjayant; Hubert, Marie-Hélène; Moreaux, … - CESifo - 2012
. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy … likely to cause a modest increase in food prices. However, biofuels may increase aggregate world carbon emissions, due to …
Persistent link: https://www.econbiz.de/10011165501
Cover Image
A Theory of Urban Squatting and Land-Tenure Formalization in Developing Countries
Brueckner, Jan K.; Selod, Harris - CESifo - 2008
This paper offers a new theoretical approach to urban squatting, reflecting the view that squatters and formal residents compete for land within a city. The key implication of this view is that squatters “squeeze” the formal market, raising the price paid by formal residents. The squatter...
Persistent link: https://www.econbiz.de/10005094364