The goal of the present paper is to test the hypothesis that risk has an impact on inequality. Many studies investigating the behaviour of farmers under risk have concluded that poorer farmers tend to reduce their risk by reducing proportionally more their expected gross margin than the...

The lowering of trade barriers under the successive reforms of the pillar I of the Common Agricultural Policy, the opening of the commodity markets to an ever greater number of financial actors and the uncertainty created by climate change, amplify both production risk and market risks for...

Payments for environmental services (PES) schemes in developing countries face trade-offs between environmental and development objectives. This tension is inherent in cost effective direct PES since, by their very nature, they limit transfers to recipients. However, where recipients of PES are...

In 1997 Rwanda introduced a re-settlement policy for refugees displaced during previous conflicts. We exploit geographic variation in the speed of implementation of this policy to investigate the impact of conflict-induced displacement and the re-settlement policy on household agricultural...

Excessive preoccupation with self-image has been pinpointed as a factor contributing to the proliferation of food disorders, especially among young women. To provide an economic basis for this argument this paper models how ‘self-image’ and ‘other people’s appearance’ influence...

With over a billion people in China, the issue of cultivated land conversion is extremely important both in terms of food security and environmental sustainability. This paper investigates the relationship between cultivated land, environment, and food security in China; and seeks to identity the...

Annual food production is enough to feed the 6.9 billion people in the world today. However, access and distribution of food in order that people do not have to die due to hunger continues to remain elusive even in the 21st century making food security one of the major global challenges. The...

We examine the driving forces behind farmers’ decisions to adapt to climate change, and the impact of adaptation on farmers’ food production. We investigate whether there are differences in the food production functions of farm households that adapted and those that did not adapt. We...

This paper examines trends in the distribution of household wealth in Great Britain from 1995 to 2005 using the British Household Panel Survey (BHPS). The data show that wealth is very unevenly distributed and reveal a widening absolute gap over the period between wealthier households and those...

With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...