This article first constructs a theoretical model of land use by swidden cultivators when these cultivators can choose whether to grow a cash crop or a food/subsistence crop. Second, it studies the land quality accumulation decision faced by shifting cultivators and, in the process, it shows how...

The sizeable literature on extinction in economics has paid scant attention to the problem of constructing measures of species extinction. Moreover, this literature has not studied the question of species extinction in stochastic systems that are jointly determined. Consequently, the objective...

We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with N heterogeneous regions. For each region i where i = 1,…,N, our analysis leads to six findings. First, we define the balanced growth path (BGP) allocations and the...

Batabyal and Beladi (2004) have used a game model to study trade in a renewable resource between a single buyer and a single seller. The buyer uses a unit tariff to obliquely encourage conservation of the renewable resource and the entire harvest from the resource is exported to the importing...

Developing countries in South Asia and elsewhere are frequently ravaged by floods. An important part of most flood management programmes is the provision of safe drinking water (SDW) to prevent the spread of diseases. How should a government agency that is interested in distributing SDW to flood...

We use a multi-region model and provide the first theoretical analysis of the effects of human capital use and a particular kind of innovative activity on economic growth. In each of the N heterogeneous regions in our model, consumers have constant relative risk aversion preferences, there are...

We theoretically analyze unbalanced growth in an urban economy arising from the preferences of the creative class concerning the relative desirability of agricultural, manufacturing, and service goods. We study two cases. In the first case, the production functions for the three categories of...

We analyze a model of trade between two heterogeneous regions that are creative in the sense of Richard Florida. One region is larger than the other region in terms of its endowment of creative capital. Each region produces a single final good with inputs 1 and 2 that are traded. There is...