Risks management studies in the agri-food sector predominately focus on the technical methods and the capability to perceive, prevent, mitigate, and recover from diverse risks. In most economic publications the risks are usually studied as other commodity regulated by the market supply and...

This paper incorporates the interdisciplinary New Institutional Economics and presents a comprehensive framework for analyzing the risk management in agri-food sector. First, it specifies the diverse (natural, technical, behavioral, economic, policy etc.) type of agri-food risks, and the...

This theoretical note examines the usefulness of the Pigouvian tax policy in dealing with negative production externalities and in improving social welfare in a small developing economy. A two-sector, full-employment general equilibrium model with exogenous labour market imperfection is used for...

The aim of the Mission Swachh Bharat should be to spread cleanliness everywhere and encompass everything - roads, railway tracks, bus stations, railway stations, parks, beaches, shorelines, river banks, reservoirs, lakes, schools colleges, universities and all other public places.

In Mt. Fuji, self-disposal toilets installed at mountain huts by subsidy are facing difficulties in securing operation and maintenance funds. We examined whether self-disposal toilets in Mt. Fuji were installed appropriately in consideration of local conditions, the pay for these toilets was...

Using a world multi-sectoral, multi-regional trade model, this paper has investigated the economic and environmental implications of climate control coalitions cooperating on R&D investment that triggers low cost environmentally friendly technologies. We start with the Kyoto scenario where all...

Given that China is already the world’s largest carbon emitter and its emissions continue to rise rapidly in line with its industrialization and urbanization, there is no disagreement that China eventually needs to take on binding greenhouse gas emissions caps. However, the key challenges are...

This is an invited discussion on the Morozova and Stuart’s paper “The Size of the Carbon Market Study”. It suggests a number of issues for consideration in appropriately estimating the size of carbon markets. They include Annex 1 (industrialised) countries’ baseline emissions;...

This paper reviews and develops a theoretical and empirical representation of economic incentives for the implementation of pollution control strategies. A number of alternative available economic instruments may be thought of which, if applied internationally, could encourage implementation of...