We focus on the management of highly persistent shocks to aid flows, including HIPC or MDG-related increases in net flows, in the presence of currency substitution by the domestic private sector. Such shocks have beneficent long-run effects, but when currency substitution is high they can...

The high degree of economic integration has led to an increased degree of currency substitution in the EU countries, which could bring instability in national money demand functions while an EU-wide money demand function could be more stable. Currency substitution usually takes the form of cross...

This article considers a transition toward European monetary union that combines increased substitution of currencies and greater monetary, financial, and fiscal policy coordination. It explores how such a transition would affect national inflation and interest rates and required reserve ratios...

A conservative ex-ante assessment of supply-shift gains alone (excluding social and environmental gains), shows that the investment in zero tillage (ZT) R&D by the Rice-Wheat Consortium and CIMMYT was highly beneficial with a benefit-cost ratio of 39, a net present value of US$ 94 million and an...

This paper presents an application of a two and three stages difference in differences model to measure environmental and economic impacts of Farmer Field School on crop and pest management practices of rice in Thailand. Panel data from 241 farm households were collected three times over a...

This paper presents an application of a difference in differences model to measure environmental and economic impacts of Farmer Field School on crop and pest management practices of rice in Thailand. Panel data from 241 farm households were collected three times over a period of four years in...

European Union (EU) retailers are setting global benchmarks for the production of fresh food, and are asking their suppliers for produce to be certified according to food safety and quality standards. Compliance to these standards for developing countries small-scale producers entail costly...

The current ACIAR (Australian Centre for International Agricultural Research) guidelines forimpact assessment of agricultural development projects see impact assessment as being usefulfor both accountability to stakeholders and as a learning tool to find out what works, whatdoesn’t work and...

Several agro-ecological practices have been developed to increase the range of soil fertility management options available to farmers, but little information is available on their labour input requirement and profitability relative to conventional practices. This study used a multiple visit...

Transgenic crops are relatively new technologies being adopted rapidly in the United States and in a few other countries. The economic impacts of these technologies have, thus far, been estimated in a piecemeal fashion. The purpose of this study was to collect and characterize the economic...