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This paper analyzes the role of public and private responsibility in the provision of publicgoods. We emphasize that a typical public good will require many different inputs whichraises the possibility of partnerships to exploit comparative advantages of different parties.But hold-up problems...
Persistent link: https://www.econbiz.de/10008860718
In this paper we review as well as contribute to the empirical literature on the impact of landreform on agricultural productivity in India. We find that, overall for all states, land-reform legislation had anegative and significant effect on agricultural productivity. However, this hides...
Persistent link: https://www.econbiz.de/10008860723
This paper explores the feasibility and desirability of CorporateSocial Responsibility (CSR). We identify CSR with creation of publicgoods or curtailment of public bads. Using a model with pro…t-maximizing …firms, the paper shows that there is a direct parallel be-tween CSR and traditional...
Persistent link: https://www.econbiz.de/10008860724
Effective provision of public goods is a key determinant of quality of life. Conventional approaches to poverty measurement look only at private goods, butthis view is too narrow. Access to safe drinking water, sanitation, transport,medical care, and schools is essential both as a direct...
Persistent link: https://www.econbiz.de/10008911467
The well-known inverse relationship between farm size and productivity is usually explained in terms ofdiminishing returns with respect to land and other inputs coupled with various types of market frictions thatprevent the efficient allocation of land across farms. We show that even in the...
Persistent link: https://www.econbiz.de/10008911472
The experience of West Bengal under the panchayat system stands in sharp contrast withthat of other states and, together with land reform, it has been credited for playing animportant role in the impressive economic turnaround of the state since the mid 1980s. WestBengal is the first and the...
Persistent link: https://www.econbiz.de/10008911476
There has been a dramatic change in the division of responsibility betweenthe state and the private sector for the delivery of public goods and services inrecent years with an increasing trend toward contracting out to the private sectorand “public-private partnerships.” This paper analyzes...
Persistent link: https://www.econbiz.de/10008911478