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Economic efficiency has to do with how much wealth a given resource base can generate. Equity has to do with how that wealth is to be distributed in society. Economic efficiency gets far more attention, in part because equity considerations involve value judgements that vary from person to...
Persistent link: https://www.econbiz.de/10005133650
This paper provides a review of various applications of cooperative game theory (CGT) to issues of natural and environmental resources. With an increase in the level of competition over environmental and natural resources, the incidents of disputes have been at the center of allocation...
Persistent link: https://www.econbiz.de/10005116500
Several studies addressing the supply and demand for food in China suggest that the nation can largely meet its needs in the coming decades. However, these studies do not consider the effects of climate change. This paper examines whether near future expected changes in climate are likely to...
Persistent link: https://www.econbiz.de/10005128564
Using economic data from more than 8,500 household surveys across 10 African countries, this paper examines whether the choice of farm type depends on the climate and agro-ecological zone of each farm. The paper also studies how farm type choice varies across farmers in each zone, using a...
Persistent link: https://www.econbiz.de/10005128604
This paper quantifies how African farmers have adapted their crop and irrigation decisions to their farm's current agro-ecological zone. The results indicate that farmers carefully consider the climate and other conditions of their farm when making these choices. These results are then used to...
Persistent link: https://www.econbiz.de/10005134118
This paper uses a cross sectional method to analyze irrigation choice and crop choice across 8,405 farmers in 28 provinces in China. The findings show that Chinese farmers are more likely to irrigate when facing lower temperatures and less precipitation. Farmers in warmer places are more likely...
Persistent link: https://www.econbiz.de/10004989716
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Persistent link: https://www.econbiz.de/10011960871
The authors focus on policy interventions for improving irrigation water allocation decisions by including both macro and micro considerations in a unified analytical computable general equilibrium (CGE) framework. The approach is demonstrated, using the case of Morocco, by analyzing selected...
Persistent link: https://www.econbiz.de/10005079938