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and supply factors that can result in such an equilibrium. We then empirically study the disruption of the maize seed … allowed a local seed company to expand and target the area with adaptively-bred maize varieties. A three-year RCT reveals that …
Persistent link: https://www.econbiz.de/10013289319
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member … plausibly exogenous tariff reductions for the other customs union members, including Botswana. Using labor force surveys from … Botswana spanning a decade, we find that trade liberalization did not affect the relative size of industries in terms of …
Persistent link: https://www.econbiz.de/10012862049
U.S. beef cattle stocks are among the most periodic time-series in economics. A theory of cattle cycles is constructed … the demographic structure of the herd to respond cyclically to exogenous shocks in demand for beef and in production costs … evolution of cattle stock and beef consumption. These compare very closely to structural econometric time-series estimates over …
Persistent link: https://www.econbiz.de/10013308616
Many recent theoretical papers have come under attack for modeling prices as Geometric Brownian Motion. This process can diverge over time, implying that firms facing this price process can earn infinite profits. We explore the significance of this attack and contrast investment under Geometric...
Persistent link: https://www.econbiz.de/10013310260
British beef exports did not constitute a protectionist measure, while the US ban on Chilean fruit possibly classifies as such …
Persistent link: https://www.econbiz.de/10013220395
Since independence a quiet revolution has taken place in maize production in the Sahel with Mali increasing production … more than ten-fold and yields going up ~2% a year. This research work uses farm level panel data from southern Mali's maize … fertilizer amounts and the marginal returns to fertilizer use. The results demonstrate the key changes behind this silent maize …
Persistent link: https://www.econbiz.de/10013066693
economically significant increases in output, yields, and profits. In our preferred specification, maize production increases by 24 …
Persistent link: https://www.econbiz.de/10012839959
This paper tests financial accelerator models. Using a novel dataset on agricultural production, we examine how exogenous productivity shocks arising from variation in temperature are propagated into the future. We find that past weather shocks have persistent effects on land values and...
Persistent link: https://www.econbiz.de/10013024511
increase vulnerability to infection? We use data from two recent household surveys in Botswana to address this question. We …
Persistent link: https://www.econbiz.de/10012779610
development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all …
Persistent link: https://www.econbiz.de/10012956929