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Is Western European Agriculture Resilient to High Temperatures?
Massetti, Emanuele - 2019
agriculture is likely to be smooth …
Persistent link: https://www.econbiz.de/10012892286
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Droughts and Farms' Financial Performance in New Zealand : A Micro Farm-Level Study
Pourzand, Farnaz - 2019
We quantify the impacts of droughts in New Zealand on the profitability of dairy, and sheep and beef farms. Using a comprehensive administrative database of all businesses in New Zealand, we investigate the impact of droughts on farm revenue, profits, return on capital, business equity, debt to...
Persistent link: https://www.econbiz.de/10012870640
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Measuring the Immeasurable : The Evolution of the Size of Informal Economy in the Agricultural Sector in the EU-15 Up to 2019
Schneider, Friedrich; Morkunas, Mangirdas; Quendler, Erika - 2021
This study is the first scientific attempt to calculate the size of the informal economy in agriculture. The Multiple … higher levels of informal economy in agriculture compared to the overall economy. The impact of subsidies and farm … organizations on the development of the informal economy are two important factors for these higher values in agriculture. The …
Persistent link: https://www.econbiz.de/10013239559
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Impacts of Droughts and Floods on Agricultural Productivity in New Zealand as Measured from Space
Blanc, Élodie; Noy, Ilan - 2022
This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural land parcels in New Zealand. This type of post-disaster damage assessments aims to allow for quantification of disaster damage when on-the-ground assessment of damage is too...
Persistent link: https://www.econbiz.de/10013296265
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Optimal pest control in agriculture
Christiaans, Thomas; Eichner, Thomas; Pethig, Rüdiger - 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 use...
Persistent link: https://www.econbiz.de/10010261306
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Belief-Dependent Motivations and Psychological Game Theory
Battigalli, Pierpaolo - 2020
The mathematical framework of psychological game theory is useful for describing many forms of motivation where …, and self-esteem in economic analysis. We explain how and why, discussing basic theory, experiments, applied work, and …
Persistent link: https://www.econbiz.de/10012834347
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A Probabilistic Solution to High-Dimensional Continuous-Time Macro and Finance Models
Huang, Ji - 2023
This paper introduces the probabilistic formulation of continuous-time economic models: forward stochastic differential equations (SDE) govern the dynamics of backward-looking variables, and backward SDEs capture that of forward-looking variables. Deep learning streamlines the search for the...
Persistent link: https://www.econbiz.de/10014345557
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Outside Options and Worker Motivation
Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora - 2023
We study the relationship between outside options and workers’ motivation to exert effort. We evaluate changes in outside options arising from age and experience cutoffs in the Austrian unemployment insurance (UI) system, and use absenteeism as a proxy for worker effort. Results indicate that...
Persistent link: https://www.econbiz.de/10014345957
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Competition and Career Advancement
Johnsen, Julian; Ku, Hyejin; Salvanes, Kjell G. - 2023
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
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Precautionary Savings, Loss Aversion, and Risk : Theory and Evidence
Dhami, Sanjit; Hajimoladarvish, Narges; Georgalos, … - 2023
of savings, precautionary savings, loss aversion, and risk. We provide the relevant theory, followed by empirical tests …
Persistent link: https://www.econbiz.de/10014346247