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Persistent link: https://www.econbiz.de/10003930876
The paper illustrates a theoretical model of real option value applied to the problem of land development.Making use of the 1998-2001 Kyrgyz Household Budget Survey, we show that when the hypothesis of decreasing return to scale holds, the relation between the threshold value of revenue per...
Persistent link: https://www.econbiz.de/10013070474
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Albania's radical farmland distribution is credited with averting an economic crisis and social unrest during the transition. But many believe it led to a holding structure too fragmented to be efficient, and that public efforts to consolidate plots are needed to lay the foundation for greater...
Persistent link: https://www.econbiz.de/10011395318
Albania's radical farmland distribution is credited with averting an economic crisis and social unrest during the transition. But many believe it led to a holding structure too fragmented to be efficient, and that public efforts to consolidate plots are needed to lay the foundation for greater...
Persistent link: https://www.econbiz.de/10012975305
Albania's radical farmland distribution is credited with averting an economic crisis and social unrest during the transition. But many believe it led to a holding structure too fragmented to be efficient, and that public efforts to consolidate plots are needed to lay the foundation for greater...
Persistent link: https://www.econbiz.de/10012552136
Persistent link: https://www.econbiz.de/10009631892
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