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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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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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Do Land Markets Anticipate Regulatory Change? Evidence from Canadian Conservation Policy
Bošković, Branko - 2016
Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential … changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect … unregulated leases. Based on our estimates, not accounting for anticipation underestimates the total cost of the regulation by …
Persistent link: https://www.econbiz.de/10012986277
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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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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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Powering Up Developing Countries Through Integration?
Auriol, Emmanuelle - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10013104162
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Emissions Taxes and Abatement Regulation under Uncertainty
Christiansen, Vidar - 2013
We consider environmental regulation in a context where firms invest in abatement technology under conditions of …
Persistent link: https://www.econbiz.de/10013086398
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The Engine Immobilizer : A Non-Starter for Car Thieves
van Ours, Jan C. - 2013
precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory … for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in …
Persistent link: https://www.econbiz.de/10013086983
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The Impact of Market Regulations on Intra-European Real Exchange Rates
Bénassy-Quéré, Agnès - 2013
We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...
Persistent link: https://www.econbiz.de/10013087275