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Land Trade and Development : A Market Design Approach
Bryan, Gharad - 2017
Small farms and fragmented plots are hallmarks of agriculture in less-developed countries, and there is evidence of high returns to land consolidation and reallocation. Complementarities, holdout and asymmetric information mean that private trade will be slow to reallocate land, and imply that...
Persistent link: https://www.econbiz.de/10012950313
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Statistical vs. Identified Lives in Benefit-Cost Analysis
Hammitt, James K. - 2013
Economic evaluation of projects involving changes in mortality risk conventionally assumes that lives are statistical, i.e., that risks and policy-induced changes in risk are small and similar among a population. In reality, baseline mortality risks and policy-induced changes in risk often...
Persistent link: https://www.econbiz.de/10012753987
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Optimal Contracts for Discouraging Deforestation with Risk Averse Agents
Mason, Charles F. - 2018
reductions is to encourage reductions in deforestation. But any such strategy must confront a basic problem: agents that might be …
Persistent link: https://www.econbiz.de/10012914953
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Using Degree Days to Value Farmland
Massetti, Emanuele - 2015
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10013030309
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What Drives the Global Land Rush?
Arezki, Rabah - 2013
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10013092012
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Do Land Use Policies Follow Road Construction?
Garcia-López, Miquel-Àngel - 2014
We study whether local land use policies are modified in response to enhanced demand for building generated by a new highway, and examine the extent to which this effect of land use regulations affects building activity. We focus on the case of Spain during the last housing boom (1995-2007). We...
Persistent link: https://www.econbiz.de/10013056826
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The Market for Conservation and Other Hostages
Harstad, Bård - CESifo - 2013
A “conservation good” (such as a tropical forest) is owned by a seller who is tempted to consume (or cut), but a buyer … the conservation value is low, the consumption value high, and the buyer’s protection cost large. The theory explains why …
Persistent link: https://www.econbiz.de/10010670795
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Conservation Contracts and Political Regimes
Harstad, Bård; Mideksa, Torben - CESifo - 2015
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal …’s presence may induce institutional change. Deforestation can be legal or illegal in the model: each district decides how much to …
Persistent link: https://www.econbiz.de/10011273091
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Deforestation, Production Intensity and Land Use under Insecure Property Rights
Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - CESifo - 2004
management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and …We propose a framework with endogenous allocation of land between agricultural production, sustainable forest … sustainably-managed forest land, and through illegal logging activities on frontier native forest land. Confiscation risk is shown …
Persistent link: https://www.econbiz.de/10005765938
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Labor Market Pooling, Outsourcing and Labor Contracts
Picard, Pierre M.; Wildasin, David E. - 2014
Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from...
Persistent link: https://www.econbiz.de/10014204210