An important evaluation problem in developing countries is assessing the value and optimal use of environmental resources as inputs into production. This is a key methodology required for many general evaluation approaches, e.g. ensuring the most efficient use of a resource requires...

This paper explores the link between poverty and resource allocation, including the management of natural resources, by chronically indebted rural smallholders in developing countries. The paper proposes a formal intertemporal model of a credit constrained farm household that can invest in...