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performance measures and common agency models. My model identifies several types of incongruities between an agent's actions and …
Persistent link: https://www.econbiz.de/10005561799
This paper reports on the construction of an International Water Poverty Index, part of the first phase of a research project into building a locally based version of the index. The purpose of the Water Poverty Index is to express an interdisciplinary measure which links household welfare with...
Persistent link: https://www.econbiz.de/10005550987
This paper reviews some reasons why natural resource abundance and extensive agriculture appear to impede economic growth around the world. The paper presents empirical, cross-sectional evidence of various aspects of this relationship in the transition economies in Central and Eastern Europe and...
Persistent link: https://www.econbiz.de/10005555991
This study examines indicators of human capital accumulation together with data for natural resource abundance and rents in a panel of 102 countries running from 1970 to 1999. Mineral wealth makes a positive and marked difference on human capital accumulation. Matching on observables reveals...
Persistent link: https://www.econbiz.de/10005556069
This paper explores the causes of deforestation and biodiversity loss in Guatemala and is organized into 4 parts. First, an overview about deforestation in Guatemala from 1950-2000 is provided, and the relationship between deforestation and biodiversity loss is explored. Secondly, some...
Persistent link: https://www.econbiz.de/10005556109
This paper introduces a dynamic model of productivity measurement based on recent endogenous growth theories. The model presented in this study is based on dynamic duality theory and incorporate public goods (public capital and R&D) as external factors to the firms. It also rationalizes the...
Persistent link: https://www.econbiz.de/10005556167
Rural development was traditionally associated with agriculture. The policy shift towards integrated rural development reflects the complex linkages and interactions within the system of overall rural development. Putting too much emphasis on agriculture and ignoring its linkages to the rest of...
Persistent link: https://www.econbiz.de/10005556169
The paper examines the relationship between UK wholesale gas prices and the Brent oil price over the period 1996-2003. Tests for Unit Roots and Cointegration are carried out and it is discovered that a long run equilibrium relationship between UK gas and oil prices predates the opening of the...
Persistent link: https://www.econbiz.de/10005556400
We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into an advanced and despotic early civilization, and finally into a more egalitarian industrial society. Agents are either landowners or landless; both earn income from human...
Persistent link: https://www.econbiz.de/10005556717
In this paper we analyze the effects of wealth inequality on the provision of public goods and management of common-property resources (CPR) when there are market imperfections in inputs that are complementary in production to the collective good. We show that for public goods inequality impedes...
Persistent link: https://www.econbiz.de/10005560994