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The Choice of Land Tenure Contracts in the Presence of Transaction Costs in Rice Farming in West Java, Indonesia.
Jamal, Erizal; Mardiharini, Maesti - 2009
This study assessed the preference for and efficiency of land tenure contract arrangements in rice farming in West Java, Indonesia. Specifically, it examined the transaction costs associated with land tenure contracts, the land tenure contract preference, the efficiency of land tenure contracts,...
Persistent link: https://www.econbiz.de/10009444813
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LAND LEASE MARKETS AND AGRICULTURAL EFFICIENCY: THEORY AND EVIDENCE FROM ETHIOPIA
Pender, John L.; Fafchamps, Marcel - 2001
This paper develops a theoretical model of land leasing that includes transaction costs of enforcing labor effort, risk pooling motives and non-tradable productive inputs. We test the implications of this model compared to those of the - Marshallian - (unenforceable labor effort) and "New...
Persistent link: https://www.econbiz.de/10009446836
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"Blue Mountains constantly walking': the re-signification of nature and the reconfiguration of the commons in rural Papua New Guinea.
Wagner, John - 1999
Conclusion: In conclusion it should be noted that the land and marine areas comprising Lababia’s Wildlife Management Area are a rich, largely undisturbed ecosystem. Despite the fact that commercial fishing has reached a point of unsustainability, the marine environment as a whole still...
Persistent link: https://www.econbiz.de/10009451449
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Theory of job search. Unemployment-participation tradeoff and spatial search with asymmetric changes of the wage distribution
Aldashev, Alisher - 2007
the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of … search theory slightly change. Namely, the dispersion in the left tail of the wage distribution reduces reservation wage and …
Persistent link: https://www.econbiz.de/10009450193
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The nature of unemployment in urban Ethiopia
Serneels, Pieter - 2004
ofincidence and duration and find that most variables have the same effect on both.Unemployment is concentrated among relatively … well-educated first time job seekerswho come from the middle classes. Mean duration of unemployment is close to fouryears …
Persistent link: https://www.econbiz.de/10009441517
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Competing Risk Proportional Hazard Models of Farm Service Agency Direct Operating Loans
Dixon, Bruce L.; Ahrendsen, Bruce L.; Foianini, Monica; … - 2008
The USDA Farm Service Agency (FSA) direct farm loan program is designed to provide credit to family-sized farms unable to obtain credit from conventional sources at reasonable rates and terms despite having sufficient cash flow to repay and an ability to fully securitize the loan. FSA policy...
Persistent link: https://www.econbiz.de/10009444619
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The Singularity of the Efficiency Bound of the Mixed Proportional Hazard Model
Ridder, Geert; Woutersen, Tiemen - 2001
We reconsider the efficiency bound for the semi-parametric Mixed Proportional Hazard (MPH) model with parametric baseline hazard and regression function. This bound was first derived by Hahn (1994). One of his results is that if the baseline hazard is Weibull, the efficiency bound is singular,...
Persistent link: https://www.econbiz.de/10009447225
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A Good Time to Stay Out? Strikes and the Business Cycle
Devereux, Paul J.; Hart, Robert A. - 2008
In this paper, we compile a unique historical dataset that records strike activity in theBritish engineering industry from 1920 to 1970. These data have the advantage ofcontaining a fairly homogenous set of companies and workers, covering a long periodwith varying labour market conditions,...
Persistent link: https://www.econbiz.de/10009465834
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Implied Equity Duration: A New Measure of Equity Risk
Dechow, Patricia M.; Sloan, Richard G.; Soliman, Mark T. - 2004
Duration is an important and well-established risk characteristic for fixed income securities. We use recent … developments in financial statement analysis research to construct a measure of duration for equity securities. We find that the … volatility and stock beta are both positively correlated with equity duration. Moreover, estimates of common shocks to expected …
Persistent link: https://www.econbiz.de/10009477256
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Multi-level zero-inflated Poisson regression modelling of correlated count data with excess zeros
Lee, AH; Wang, K; Scott, JA; Yau, KKW; McLachlan, GJ - 2006
Count data with excess zeros relative to a Poisson distribution are common in many biomedical applications. A popular approach to the analysis of such data is to use a zero-inflated Poisson (ZIP) regression model. Often, because of the hierarchical Study design or the data collection procedure,...
Persistent link: https://www.econbiz.de/10009448821