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The value of powdery mildew resistance in grapes: Evidence from California

Fuller, Kate B.; Alston, Julian Mark; Sambucci, Olena S. - In: Wine Economics and Policy 3 (2014) 2, pp. 90-107

Powdery mildew (PM) is a fungal disease that damages many crops, including grapes. In California, wine, raisin, and table grapes contributed over $ 3.9 billion to the value of farm production in 2011. Grape varieties with resistance to powdery mildew are currently being developed, using either...

Persistent link: https://www.econbiz.de/10011986495

Trade integration, global value chains, and capital accumulation

Sposi, Michael; Yi, Kei-Mu; Zhang, Jing - 2020

Motivated by increasing trade and fragmentation of production across countries since World War II, we build a dynamic two-country model featuring sequential, multistage production and capital accumulation. As trade costs decline over time, globalvalue-chain (GVC) trade expands across countries,...

Persistent link: https://www.econbiz.de/10012653024

"This Monstrous Scheme": Die Idee eines nationalen Wollregisters im Großbritannien des 18. Jahrhunderts und die Grenzen des Merkantilismus

Ziegler, Hannes - In: Vierteljahrschrift für Sozial- und … 111 (2024) 1, pp. 6-34

The project of a national register of wool was the fever dream of mercantilism in Great Britain during the eighteenth … administrative teeth to the ban on the exportation of English raw wool that had existed since 1660. But despite several concerted … with the legislative and administrative practice of raw wool regulation in eighteenth century Britain. In doing so, it also …

Persistent link: https://www.econbiz.de/10014521211

Assessment of Prospective Impact of Fruits and Vegetables Research at the Industry Level in the Philippines: the Case of the ACIAR-PCAARRD Horticulture Project

Briones, Roehlano M.; Galang, Ivory Myka R. - 2012

The fruits and vegetables subsector shows great dynamism despite lack of government support compared to other subsectors within agriculture. To further realize the potential of the fruits and vegetables sector, one promising instrument is investment in research and development (R&D). The...

Persistent link: https://www.econbiz.de/10011421271

Bread and steel: Harcourt on the economic surplus, employment and distribution in two-sector economies

Boianovsky, Mauro - 2022

The present paper is set out to examine the place of Geoff Harcourt's 1965 "Two-sector model of the distribution of income and the level of employment in the short run" in his research agenda, as well as its original historical context and fate. That pioneer model articulated how the production...

Persistent link: https://www.econbiz.de/10013412955

Bank competition and financial stability: A general equilibrium exposition

De Nicolò, Gianni; Lucchetta, Marcella - 2013

We study the welfare properties of a general equilibrium banking model with moral hazard that encompasses incentive mechanisms for bank risk-taking studied in a large partial equilibrium literature. We show that competitive equilibriums maximize welfare and yield an optimal level of banks' risk...

Persistent link: https://www.econbiz.de/10010291658

The monetary economy and the economic crisis

Laidler, David - 2010

The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the invisible hand, was a major...

Persistent link: https://www.econbiz.de/10010291902

Intra-sector mobility and psecific inputs in tax-incidence theory

Bhatia, Kul B. - 2001

In a simple three-factor-two-final-good formulation (two factors immobile and sector-specific), a well-known result under competitive and full-employment assumptions is that a partial tax on the mobile factor in either industry hurts that factor everywhere. It can be reversed, however, when the...

Persistent link: https://www.econbiz.de/10010292006

Are price controls necessarily bad? The case of rice in Vietnam

Ghosh, Madanmohan; Whalley, John - 2002

Most economists' instinctive reaction to price controls is that they are harmful. If enforced, they result in shortages and resource misallocation. With weak enforcement they often result in black markets, and high transaction costs. In this paper we assess the pros and cons of rice price...

Persistent link: https://www.econbiz.de/10010292033

When inefficiency begets efficiency

Gersbach, Hans; Haller, Hans - 2003

Collective consumption decisions taken by the members of a household may prove inefficient. The impact of such inefficient household decisions on market performance is investigated. At one extreme, market efficiency can occur even when household decisions are inefficient, namely when household...

Persistent link: https://www.econbiz.de/10010292768

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