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We assess the extent and cost of misallocation in agriculture in less-developed countries comparing the analysis at the plot and farm levels. Using detailed data from Uganda, we show that the plot-level analysis leads to extremely large estimates of reallocation gains, even after adjusting for...
Persistent link: https://www.econbiz.de/10012938718
Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of...
Persistent link: https://www.econbiz.de/10012464538
Using a unique, comprehensive household-level dataset for a single French village from 1730 to 1895, we study the … village. We find that the fall in fertility preceded the rise in education by several decades. Demographic change is plausibly … forces. All these changes occurred in the absence of industrialization in and around the village. We conclude that …
Persistent link: https://www.econbiz.de/10012479446
In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The … suggests that the total magnitude of indirect effects may be larger than the direct effects and that social (village …
Persistent link: https://www.econbiz.de/10012482308
Formal financial institutions can have far-reaching and long-lasting impacts on informal lending and information networks. We first study 75 villages in Karnataka, 43 of which were exposed to microfinance after we first collected detailed network data. Networks shrink more in exposed villages....
Persistent link: https://www.econbiz.de/10012482583
village, full insurance cannot be rejected, suggesting that relatives provide something close to a complete … would benefit from eliminating village-level risk, less-risk-averse households who are paid to absorb that risk would be …
Persistent link: https://www.econbiz.de/10012461961
In rural areas of most developing countries, intergenerational coresidence is both widespread and an important determinant of well-being for the elderly. Most parents want at least one adult child to remain at home (e.g., so they can work on the family farm or provide care and assistance around...
Persistent link: https://www.econbiz.de/10012455559
electoral reforms in Chinese villages. We use the presence of village temples to proxy for culture, or more specifically, for …
Persistent link: https://www.econbiz.de/10012457609
Recent evaluations of traditional microfinance loans have found no significant impacts on borrower incomes or productive activities. We examine whether this can be remedied by (a) modifying loan features to facilitate financing of working capital needs of farmers, and (b) delegating selection of...
Persistent link: https://www.econbiz.de/10012457957
central (not just those with many friends). Moreover, these nominees are more central in the network than traditional village …
Persistent link: https://www.econbiz.de/10012458245