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The small-scale pepper producers in the El Roble settlement Costa Rica face a monopsonistic market. Only one processing firm is buying the fresh pepper bunches. The processor has all bargaining power to decide on the price paid to the farmers and the quality selection criteria. The rejection...
Persistent link: https://www.econbiz.de/10009442448
Costa Rica has been successful in attracting high-tech foreign direct investment (FDI). An aggressive FDI-assisted development strategy was pursued by the country in the 1980s as a response to the economic crisis; yet there are serious concerns about the effectiveness of such strategy from a...
Persistent link: https://www.econbiz.de/10009475858
This paper presents an analysis of the contribution of some institutional innovations to a more inclusive growth in the coffee and the palm oil sectors. The paper presents an historical approach, considering the concepts of growth and sustainable development, but specially the notion of...
Persistent link: https://www.econbiz.de/10009475869
The classic dual economy models of developing countries hold minimum wages (among other institutions) accountable for persistent dualism. They note that applying or enforcing minimum wage laws in only one sector of the economy will create wage differentials which will not be eroded with labor...
Persistent link: https://www.econbiz.de/10009477461
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings among workers covered by minimum wage legislation as well as those for whom it does not apply (the uncovered sector) in Costa Rica. This country’s large uncovered sector and...
Persistent link: https://www.econbiz.de/10009477483
-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
An evaluation of the existing hydrothermal energy economics related quantitative studies is provided. The objective is to present the similarities and differences in methodology and assumptions, and explain the impact of these differences on the energy price estimates. A brief summary of the...
Persistent link: https://www.econbiz.de/10009436375
A tool is presented to quantify the risks of geothermal projects, the Geothermal Probabilistic Cost Model (GPCM). The GPCM model is used to evaluate a geothermal reservoir for a binary-cycle electric plant at Heber, California. Three institutional aspects of the geothermal risk which can shift...
Persistent link: https://www.econbiz.de/10009436921
The US Department of Energy (DOE) is privatizing the processing of hazardous and radioactive tank waste at the Hanford Site in Washington State. As part of the privatization process, a request for proposals describing the conditions and DOE`s expectations for contractor performance and...
Persistent link: https://www.econbiz.de/10009436948