Showing 1 - 10 of 202
We present a dynamic model where the probability of outsourcing production is increasing in the firmメs expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...
Persistent link: https://www.econbiz.de/10013070398
"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...
Persistent link: https://www.econbiz.de/10014254947
, their adaptive capacity is insufficient for the task of maintaining – let alone improving – household welfare. We describe …
Persistent link: https://www.econbiz.de/10013099689
Many development programs are based on short-term interventions, either because of external funding constraints or because it is assumed that impacts persist post program termination ("sustainability"). Using a novel randomized phase-out research method, we provide experimental tests of the...
Persistent link: https://www.econbiz.de/10012960248
Market completeness has important implications for household behavior. I firmly reject complete markets for smallholders but am unable to do so for non-smallholders. This leads to important differences in production behavior: smallholders reallocate labor across activities less in response to...
Persistent link: https://www.econbiz.de/10012823301
Many development programs are short-term interventions, either because of external funding constraints or an assumption of impact sustainability. Using a novel randomized phaseout research method, we provide experimental tests of phaseout effects of an extension program designed for women...
Persistent link: https://www.econbiz.de/10012865851
African agriculture's importance for sustainable development is well appreciated. Indeed, recent years have seen a thorough reappraisal of the sector. What are less well understood, however, are the drivers that reallocate scarce human and physical resources across occupations and space, and...
Persistent link: https://www.econbiz.de/10013011139
cite improving food security and incomes as key goals. However, there is limited empirical evidence on the welfare effects … effects of the FRA's maize marketing activities on smallholder farm household welfare. Results suggest that FRA activities … have positive direct welfare effects on the small minority of smallholder households that are able to sell to it. However …
Persistent link: https://www.econbiz.de/10013014037
We are the first to provide a comparative empirical analysis of non-farm entrepreneurship in rural Africa, using the World Bank's unique LSMSISA dataset. This dataset covers six countries over the period 2005 to 2012. We find that rural enterprises tend to be small, informal household...
Persistent link: https://www.econbiz.de/10013057456
extent of land owned (or de facto controlled) by males, and (b) and cultivation of cash crops increases household welfare …, on its own, increase welfare, if women do not have access to complementary resources that are needed to generate income …
Persistent link: https://www.econbiz.de/10013059688