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We investigate the nature of the adverse selection problem in a market for a durable good where trading and entry of …
Persistent link: https://www.econbiz.de/10005144503
disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the … interrelationship between firm entry and exit in disequilibrium. Introducing a new methodology we investigate whether this … new-firm entry) while in overshoots competition induced by new firms (in particular strong displacement) helps restore …
Persistent link: https://www.econbiz.de/10005144562
This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics …, to discriminate between three aspects of industry dynamics: the effect of entry and exit on market equilibrium, duration … simultaneous equilibrium model of profits, entry and exit. We find that indeed entrants play an entrepreneurial function causing …
Persistent link: https://www.econbiz.de/10008513242
During 1985-93 the U.S. Government provided $4.9 billion in subsidies to targeted foreign buyers of U.S. wheat under its Export Enhancement Program (EEP). The subsidies averaged $31 per metric ton, or about 25 percent of the U.S. price. The EEP generates a small gain to U.S. farmers, compared to...
Persistent link: https://www.econbiz.de/10005829134
This study addresses the achievements of cooperative agreements in sustainable agriculture policy. After an economic analysis of multi-actor choice situations, it focuses the attention on the self-organizing potential of regional market parties in order to comply with environmental policy...
Persistent link: https://www.econbiz.de/10011256072
The EU advocates a household waste recycling rate of more than 70%. Although the Netherlands already years ago invested in recycling policies heavily, this is still a large challenge as nowadays on average this rate is approximately 50% and nearly no municipalities have a rate above 70%. Given...
Persistent link: https://www.econbiz.de/10011257562
Many developing countries use food-price subsidies or price controls to improve the nutrition of the poor. However, subsidizing goods on which households spend a high proportion of their budget can create large wealth effects. Consumers may then substitute towards foods with higher...
Persistent link: https://www.econbiz.de/10008610989
A recent publication of the UN Food and Agricultural Organization (FAO) has highlighted the food insecurity problem facing the globe : food production will have to increase by 70% in 2050 to keep up with a global population that is projected to grow from 6 billion to 9 billion. There has to be...
Persistent link: https://www.econbiz.de/10009363505
Deficits in physical infrastructure, problems with availability of agricultural inputs and poor access to agriculture-related information are the major constraints on the growth of agricultural productivity in India. The more rapid growth of mobile telephony as compared to fixed line telephony...
Persistent link: https://www.econbiz.de/10009363509
This paper documents the activities of the National Food Authority (NFA), particularly on rice marketing, in realizing its mandates of buying high and selling low. Because the Philippine agriculture is greatly affected by extreme climate events such as El Nio and La Nia, this paper highlights...
Persistent link: https://www.econbiz.de/10009363510