It is well established in the financial economics literature that potential gains frominternational diversification are generated from the imperfect correlation betweennational stock market returns. This empirical study explores the factors that impedeperfect integration among national equity...

Because man is a natural and social being at the same time, the imperatives of protection, conservation and sustainable development of the environment are related to both man’s relationship with nature, of which he is an integral part, and to his relationships with the others concerning the...

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,...

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...

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...